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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Commercial real estate
918 Livingston Ave North Brunswick, NJ 08902-2017
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-2145735
Property summary
AI-generated overview
This exceptional investment opportunity presents a well-maintained, two-unit mixed-use building situated at 918 Livingston Avenue in North Brunswick, New Jersey, 08902. Built in 1920, this two-story structure sits on a 0.095-acre lot and offers a compelling blend of commercial and residential space. The property includes one storefront and two one-bedroom apartments, each featuring a kitchen, living room, and full bathroom. All utilities are included in the rental rates. One apartment boasts a recently updated kitchen with granite countertops, while the storefront and the second-floor apartment are currently rented. The building also benefits from ample on-site parking, accommodating up to seven vehicles with a two-car garage and a shared driveway. Located in a high-traffic area with convenient access to shopping and public transportation, this property offers a strong potential for rental income and appreciation. The asking price is $600,000, representing a 6.50% capitalization rate. A full basement provides additional storage space, including washer and dryer hookups and a refrigerator. This property is an excellent addition to any investor's portfolio.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1920
Total area
1,638 SF
Lot
0.1 ac (4,144 SF)
Zoning code
C1
APN
14 00128-0000-00003
UPID
US59-2145735
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
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
918 Livingston Ave LLC · 1 yrs held
918 Livingston Ave LLC
since 2025
Last sale
$500,000
2 recorded transactions
Zoning & alternative use
C1 · North Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$465,000
+19.6%
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 North Brunswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Brunswick 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
$560,000
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$390,000
Current use
OFFICE BUILDING
$465,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $500k (Apr 22 2025)
Last sale anchor
$500k
Apr 22 2025
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
$311 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,283
Tax year 2023
Assessed value
$105,000
Assessed 2024
Previous assessed
$105,000
+0.0% YoY
Effective rate
5.98%
On assessed value
Assessed land
$43,000
Assessed improvement
$62,000
Land market value
$43,000
Improvement market value
$62,000
Total market value
$105,000
Applied tax rate
14.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1920
Heating
NONE
Total area
1,638 SF
Lot
0.1 ac (4,144 SF)
Zoning code
C1
APN
14 00128-0000-00003
UPID
US59-2145735
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C1 · North Brunswick, NJZoning C1 · permitted uses
C1 · North Brunswick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$390,000
OFFICE BUILDING
Est. value
$465,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
Year built
1920
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
918 Livingston Ave LLC
Entity
Mailing address
918 LIVINGSTON AVE, NORTH BRUNSWICK, NJ 08902-2017
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
$500,000
918 Livingston Ave LLC
Frank Puleio
Deed
$350,000 · Nqm Funding LLC
May 16, 2023
—
Anthony Puleio
—
Deed
related
$780,000 · Family First Funding LLC
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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