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Property profile & analytics
OFF-MARKET
Industrial properties
800-1000 So 2nd St 1000 Plainfield, NJ 07063-1302
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1844720
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1910
Construction
BRICK
Total area
1,547 SF
Lot
9.91 ac (431,527 SF)
Zoning code
LI
APN
12 00117-0000-00001- 01
UPID
US59-1844720
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1000 Plainfield Estates LLC · 3 yrs held
1000 Plainfield Estates LLC
since 2022
Last sale
$34.0M
5 recorded transactions
Zoning & alternative use
LI · Plainfield, 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 Plainfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainfield 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 2022Property tax & assessments
Tax year 2022
Tax billed
$159,173
Tax year 2022
Assessed value
$1,881,700
Assessed 2023
Previous assessed
$1,881,700
+0.0% YoY
Effective rate
8.46%
On assessed value
Assessed land
$1,191,600
Assessed improvement
$690,100
Land market value
$1,191,600
Improvement market value
$690,100
Total market value
$1,881,700
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1910
Construction
BRICK
Heating
NONE
Stories
1
Total area
1,547 SF
Lot
9.91 ac (431,527 SF)
Zoning code
LI
APN
12 00117-0000-00001- 01
UPID
US59-1844720
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Plainfield, NJ
Zoning LI · permitted uses
LI · Plainfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
BRICK
Heating
NONE
Stories
1
Lot
9.91 ac
Current owner
From public records · entity-resolved
1000 Plainfield Estates LLC
Entity
Mailing address
1449 37TH ST, BROOKLYN, NY 11218-4380
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
Sep 19, 2022
$34,000,000
1000 Plainfield Estates LLC
Elul Equities LLC
Deed
$24,250,000 · Webster Bank NA
Aug 26, 2019
—
South Second Street Realty LLC
South Second Street Plainfield
Quit Claim Deed
related
—
Apr 26, 2002
—
Enduring Freedom LLC
—
Deed Of Trust
related
$1,200,000 · Merrill Lynch Business Finl Sv
—
—
South Second Street Plainfield
—
Deed Of Trust
related
$824,821 · Merchants New York Com'l Corp
—
—
St Plainfield Realty South 2nd
—
Deed Of Trust
related
$3,500,000 · Provident Savings Bank
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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