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Property profile & analytics
FOR SALE
Industrial properties
8 Bartles Corner Rd, Flemington, NJ 08822
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US59-1965383
For Sale
1 / 50
$860,000
8 Bartles Corner Rd, Flemington, NJ 08822
View Listing →
Property summary
AI-generated overview
This exceptional flex office space in Bartles Corner Business Park, located at 8 Bartles Corner Rd, Flemington, NJ 08822, offers two immediately available suites perfect for a variety of businesses. The property totals 11,000 square feet and features a multi-tenant configuration. Suite 024 boasts 815 contiguous square feet, while Suite 030 provides 300 square feet of functional space. Both suites are ready for immediate occupancy. The park enjoys a highly desirable location, offering unparalleled convenience and accessibility. Situated near Route 31, it provides easy access to Hunterdon Medical Center and BJ's Warehouse. Commuting is a breeze with minutes to Interstate 78, the Flemington Circle, Route 202, and direct access to Route 523 leading to Readington and Route 22. This prime location in Hunterdon County offers a blend of suburban tranquility and convenient access to major transportation arteries, making it an ideal choice for businesses seeking a productive and accessible work environment. The property is situated at 40.5353994 latitude and -74.8547435 longitude.
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1990
Zoning code
I-2
APN
21 00016-0000-00014-0000-C0008
UPID
US59-1965383
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alta Associates Inc Employment Agency
-
ATI Restoration Construction Company
-
Hunterdon County Professional School District School District Office
-
Circuit Works Inc Corporate Office
-
Lisa Morra Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Phak LLC
Phak LLC
since 2025
Last sale
$858,334
5 recorded transactions
Zoning & alternative use
I-2 · Flemington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Flemington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flemington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,918
Tax year 2023
Assessed value
$400,800
Assessed 2024
Previous assessed
$400,800
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$250,000
Assessed improvement
$150,800
Land market value
$250,000
Improvement market value
$150,800
Total market value
$400,800
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
For Sale
Year built
1990
Heating
NONE
Units
1
Zoning code
I-2
APN
21 00016-0000-00014-0000-C0008
UPID
US59-1965383
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
I-2 · Flemington, NJ
Zoning I-2 · permitted uses
I-2 · Flemington, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Flemington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Units
1
Current owner
From public records · entity-resolved
Phak LLC
Entity
Mailing address
17 VINSON DR, FLEMINGTON, NJ 08822-3402
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
$5,500,000
Phak LLC
Bartles Corner Business Park LLC
Deed
$3,812,420 · Magyar Bank
Nov 5, 2025
—
Phak LLC
—
Deed
related
$3,049,935 · Magyar Bank
Sep 5, 2025
$858,334
Bartles Park LLC
Bartles Corner Business Park LLC
Deed
—
Jul 11, 2025
$450,000
Foresight Partners LLC
Prysm Properties LLC
Deed
$337,500 · Td Bank NA
Sep 11, 2018
$770,000
Gnd Properties LLC
Kalajian LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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