940 State St Perth Amboy, NJ 08861
Industrial properties
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Entity Owned
11-yr Hold
~
Est. High Equity
For Sale
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Contact for pricing
940 State St, Perth Amboy, NJ 08861
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Estimated value (blended)
$1.02M
Range $914k – $1.12M (±10%)
Property ID
US59-0116822
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
FRAME
Total area
8,156 SF
Lot
3.58 ac (155,945 SF)
Zoning code
S-3A
APN
16 00427-0000-00005
UPID
US59-0116822
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.02M
Owner & transaction history
since 2014
7 recorded transactions
Zoning & alternative use
S-3A · Perth Amboy, NJ
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 12 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.02M
Value range
$914k – $1.12M
±10% around blend
Estimated value / SF
$124 / SF
Confidence
High
12 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
100
Income certainty
100
$914k
blend $1.02M
$1.12M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,156 SF
Lot area
3.58 ac
Stories
1
APN
16 00427-0000-00005
Assessed value
$2,377,100
Annual tax
$70,719
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.41M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.53M
@ 6.5% CAP return
$1.41M
@ 7% CAP return
$1.31M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$70,719
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.71M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.2 mi away · 6,375 SF
17.3 mi away · 7,650 SF
19.2 mi away · 6,477 SF
21.0 mi away · 10,195 SF
21.2 mi away · 8,225 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.02M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 115 sales
$223
-44%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $124/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
12.45%
Selected cap rate for this industrial properties
Derived from the Perth Amboy market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$809k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.50M
Move the market yield to see immediate price impact.
Value / SF
$797
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
11.95%12.45%12.95%
$728k
$6.09M
$5.85M
$5.62M
$809k
$6.77M
$6.50M
$6.25M
$890k
$7.45M
$7.15M
$6.87M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$1.18M
11.4 mi · Jan 2026 · $117/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$70,719
Tax year 2022
Assessed value
$2,377,100
Assessed 2023
Previous assessed
$2,377,100
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$1,151,200
Assessed improvement
$1,225,900
Land market value
$1,151,200
Improvement market value
$1,225,900
Total market value
$2,377,100
Applied tax rate
16.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Construction
FRAME
Heating
NONE
Stories
1
Total area
8,156 SF
Lot
3.58 ac (155,945 SF)
Zoning code
S-3A
APN
16 00427-0000-00005
UPID
US59-0116822
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
S-3A · Perth Amboy, NJZoning S-3A · permitted uses
S-3A · Perth Amboy, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
1
Lot
3.58 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
S-3A
Jurisdiction
Perth Amboy, NJ
Recorded code
S-3A
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for S-3A in Perth Amboy, NJ.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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