Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    94 Grn St Woodbridge, NJ 07095-2957

    • Commercial real estate
    • 0.69 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-1535858
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • A-Absolute Construction Inc. / Plumbing Service / General Contractor
    • Woodbrige Club of Martial Arts Raul's Tae Kwon Do / Training Center / Sports School
    • Gala Legal Services LLC / Law Firm
    • ericmyrickbasketball / Training Center
    • Bounce Back Fitness / Gym & Fitness Center

    Property Details for 94 Grn St

    Lot size
    0.69 lot acres
    Zone code
    R-6
    Property type
    Commercial real estate
    APN
    25 00554-0000-00017
    APU
    2500554000000017

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Woodbridge
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2812
    Latitude
    40.5583
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $23,081
    $41,200
    $145,000
    $186,200
    -
    $41,200
    $145,000
    $186,200

    Comparable in this City

    • Value Estimation by Request

      227 Main St

      Land
      227 Main St, Woodbridge Township, NJ 07095
      View Details
    • Value Estimation by Request
      0.22 Acres

      120 Amboy Ave

      COMMERCIAL (GENERAL) • 0.22 Acres
      120 Amboy Ave, Woodbridge, NJ 07095-2602
      View Details
    • Value Estimation by Request
      0.53 Acres

      63 Metuchen Ave

      COMMERCIAL (GENERAL) • 0.53 Acres
      63 Metuchen Ave, Woodbridge, NJ 07095-1922
      View Details
    • Value Estimation by Request
      74.59 Acres

      250 Woodbridge Ctr Dr

      COMMERCIAL (GENERAL) • 74.59 Acres
      250 Woodbridge Ctr Dr, Woodbridge, NJ 07095
      View Details
    • Value Estimation by Request
      2,291 SF

      570 Amboy Ave

      COMMERCIAL (GENERAL) • 2,291 SF
      570 Amboy Ave, Woodbridge, NJ 07095-3013
      View Details
    • Value Estimation by Request
      1,800 SF

      208 Main St

      COMMERCIAL (GENERAL) • 1,800 SF
      208 Main St, Woodbridge, NJ 07095-1964
      View Details

    Similar Nearby for Sale

    • $499,700

      Amboy Avenue Commercial Property

      Prime Woodbridge Office Building, $499,700
      515 Amboy Ave, Woodbridge Township, NJ 07095
      View Details
    • $479,500
      1,272 SF

      Rahway Ave Office Building, NJ

      Prime Woodbridge Office, 1272 sq ft
      655 Rahway Ave, Woodbridge Township, NJ 07095
      View Details
    • Contact for pricing
      3,882 SF

      High-Visibility Storefront in Woodbridge, NJ

      Well-maintained retail storefront with upgrades in a prime downtown location.
      91 Main St, Woodbridge, NJ 07095
      View Details
    • Contact for pricing
      2,700 SF

      Auto Shop with Overhead Door

      2700 SF auto shop centrally located near major routes.
      12 Jansen Ave, Woodbridge, NJ 07095
      View Details
    • Contact for pricing
      17,270 SF

      Prime Commercial Office Space Available

      Highly desirable location with flexible leasing options and ample parking.
      453 Amboy Ave, Woodbridge, NJ 07095
      View Details
    • $669,000
      1,704 SF

      Updated Multifamily in Woodbridge Proper

      Well-maintained multifamily property with updated units and private parking.
      74 Albert St, Woodbridge, NJ 07095
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,400 SF

      Woodbridge Flex Space - 11,400 SF

      Modern Flex Space, 1.4 Acres, NJ
      1051 Us-9, Woodbridge Township, NJ 07095
      View Details
    • $19 SF/Yr
      5,500 SF

      Green Street Office Space

      Woodbridge, NJ: Versatile Office Suites
      123 Grn St, Woodbridge Township, NJ 07095
      View Details
    • Contact for pricing
      2,750 SF

      Office Building Near Woodbridge Mall

      2,750 SF office space in ten-story building for rent.
      90 Woodbridge Center Dr, Woodbridge, NJ 07095
      View Details
    • $15 SF/Yr
      2,094 SF

      Prime Commercial Land, Main St.

      2,094 sq ft lot, 4 parking spaces.
      227 Main St St, Woodbridge Township, NJ 07095
      View Details
    • Contact for pricing
      32,720 SF

      Vermella Woodbridge Retail Center

      Prime Woodbridge Retail Space Available
      0 Main St & Mutton Holw Rd, Woodbridge Township, NJ 07095
      View Details
    • $25 SF/Yr
      8,456 SF

      Woodbridge Office Space Sublease

      Office space available for sublease in Woodbridge, New Jersey.
      900 Us Highway 9 N, Woodbridge, NJ 07095
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    94 Grn St
    Woodbridge, NJ 07095-2957
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.