Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,570,000
Hotels
80 Allen Rd Basking Ridge, NJ 07920-2913
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-0273589
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Total area
53,142 SF
Lot
10.52 ac (458,251 SF)
Zoning code
E2
APN
02 11201-0000-00007
UPID
US59-0273589
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
-
Trading Post Restaurant Restaurant
-
Delta Hotels Basking Ridge Hotel & Motel
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.53M
CAP Approach
CAP
$6.57M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.57M
Owner & transaction history
80 Allen D Owner LLC · 3 yrs held
80 Allen D Owner LLC
since 2022
Last sale
$9.6M
5 recorded transactions
Zoning & alternative use
E2 · Basking Ridge, 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 Basking Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Basking Ridge 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
Method
Estimation
Statistic approach
$11,075,000
ML approach
$9,530,000
CAP Approach
CAP Return
Estimation
6%
$7,120,000
6.5%
$6,570,000
7%
$6,100,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,165,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,380,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,385,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$9.57M
Range $8.61M – $10.53M · ±10% · vs last sale $9.59M (Dec 14 2022)
Last sale anchor
$9.59M
Dec 14 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$180 / SF
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 2022Property tax & assessments
Tax year 2022
Tax billed
$126,130
Tax year 2022
Assessed value
$7,840,000
Assessed 2023
Previous assessed
$6,272,000
+25.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$2,400,000
Assessed improvement
$5,440,000
Land market value
$2,400,000
Improvement market value
$5,440,000
Total market value
$7,840,000
Applied tax rate
2.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Heating
NONE
Units
1
Total area
53,142 SF
Lot
10.52 ac (458,251 SF)
Zoning code
E2
APN
02 11201-0000-00007
UPID
US59-0273589
Jurisdiction
SOMERSET
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
E2 · Basking Ridge, NJ
Zoning E2 · permitted uses
E2 · Basking Ridge, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Basking Ridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$10.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.4M
COMMERCIAL (GENERAL)
Est. value
$8.4M
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
10.52 ac
Current owner
From public records · entity-resolved
80 Allen D Owner LLC
Entity
Mailing address
72 WARREN ST, NEW YORK, NY 10007-3502
Ownership since
2022
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
Dec 14, 2022
$9,587,500
80 Allen D Owner LLC
Basking Ridge Mar Property LLC
Deed
$12,475,000 · Access Point Financial LLC
Sep 25, 2017
$1,000
Lvs II Spe Xix LLC
Sheriff / Somerset County|somerset Hills Sai LLC
Trustees Deed
related
—
Mar 28, 2007
$11,550,000
Allen Road Sai LLC
80 Allen Road LLC
Deed Of Trust
related
$28,250,000 · Marathon Structured Fin Fu
Mar 8, 2004
$1
80 Allen Road LLC
Sciaretta Enterprises LLC
Grant Deed
related
—
—
—
Allen Road Sai LLC
—
Deed Of Trust
related
$28,250,000 · Us Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 80 Allen Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
