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Property profile & analytics
OFF-MARKET
Industrial properties
88 Main St Bloomsbury, NJ 08804-3068
Entity Owned
11-yr Hold
Free & Clear
Property ID
US59-1944748
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
10,112 SF
Lot
0.41 ac (17,860 SF)
Zoning code
R-2
APN
03 00020-0000-00018
UPID
US59-1944748
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
-
Bloomsbury Borough Meeting Rm City Government Office
-
Havay Electrical Contracting Electrical Service General Contractor
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
Minerva Holdings · 11 yrs held
Minerva Holdings
since 2014
1 recorded transaction
Zoning & alternative use
R-2 · Bloomsbury, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
es. § 270-156 Schedule of Area, Lot and Bulk Requirements. § 270-157 Exemptions for residences constructed prior to 1976. Article XXI Zone District Regulations § 270-158 A-R Agriculture - Residential District. § 270-159 R-2 Medium - Low Density Residential District. § 270-160 R-3 Medium Density Residential District. § 270-161 B-1 Business District. § 270-162…
Zone name
Medium Low Density Residential District
General category
RESIDENTIAL
Zone area
58.86 ac
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 Bloomsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomsbury 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
$7,040
Tax year 2022
Assessed value
$214,700
Assessed 2023
Previous assessed
$214,700
+0.0% YoY
Effective rate
3.28%
On assessed value
Assessed land
$57,800
Assessed improvement
$156,900
Land market value
$57,800
Improvement market value
$156,900
Total market value
$214,700
Applied tax rate
3.0000
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Total area
10,112 SF
Lot
0.41 ac (17,860 SF)
Zoning code
R-2
APN
03 00020-0000-00018
UPID
US59-1944748
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-2 · Bloomsbury, NJZoning R-2 · permitted uses
R-2 · Bloomsbury, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
es. § 270-156 Schedule of Area, Lot and Bulk Requirements. § 270-157 Exemptions for residences constructed prior to 1976. Article XXI Zone District Regulations § 270-158 A-R Agriculture - Residential District. § 270-159 R-2 Medium - Low Density Residential District. § 270-160 R-3 Medium Density Residential District. § 270-161 B-1 Business District. § 270-162 B-2 Highway Business District. § 270-163 ROM Research, Office and Manufacturing Di
Zone name
Medium Low Density Residential District
General category
RESIDENTIAL
Zone area
58.86 ac
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Minerva Holdings
Entity
Free & Clear · 11 yrs held
Mailing address
1050 RTE 22, FLEMINGTON, NJ 08822
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2014
$145,000
Minerva Holdings
Pro Investment LLC
Grant Deed
related
—
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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