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Property profile & analytics
OFF-MARKET
Estimated value
$10,985,000
Commercial real estate
963 State Rte 173 Bloomsbury, NJ 08804-3138
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-1074298
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
14.29 ac (622,472 SF)
Zoning code
B-2
APN
03 00030-0000-00004
UPID
US59-1074298
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
$8.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.99M
Owner & transaction history
Gabrielli Realty Of Bloomsbury LLC · 5 yrs held
Gabrielli Realty Of Bloomsbury LLC
since 2021
Last sale
$11.0M
4 recorded transactions
Zoning & alternative use
B-2 · Bloomsbury, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
strict 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 District. § 270-164 A-C Agriculture - Conservation District.…
Zone name
Highway Business District
General category
COMMERCIAL
Zone area
73.24 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
Method
Estimation
Statistic approach
$10,955,000
ML approach
$8,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.99M
Range $9.89M – $12.08M · ±10% · vs last sale $11.00M (Mar 2 2021)
Last sale anchor
$11.00M
Mar 2 2021
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
—
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
$127,881
Tax year 2022
Assessed value
$3,900,000
Assessed 2023
Previous assessed
$3,900,000
+0.0% YoY
Effective rate
3.28%
On assessed value
Assessed land
$2,143,500
Assessed improvement
$1,756,500
Land market value
$2,143,500
Improvement market value
$1,756,500
Total market value
$3,900,000
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
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
Heating
NONE
Units
1
Lot
14.29 ac (622,472 SF)
Zoning code
B-2
APN
03 00030-0000-00004
UPID
US59-1074298
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Bloomsbury, NJZoning B-2 · permitted uses
B-2 · Bloomsbury, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
strict 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 District. § 270-164 A-C Agriculture - Conservation District. § 270-165 PUD Planned Urban Development. § 270-166 Minimum requirements for dwelli
Zone name
Highway Business District
General category
COMMERCIAL
Zone area
73.24 ac
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
14.29 ac
Current owner
From public records · entity-resolved
Gabrielli Realty Of Bloomsbury LLC
Entity
Mailing address
963 STATE RTE 173, BLOOMSBURY, NJ 08804-3138
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2021
$11,000,000
Gabrielli Realty Of Bloomsbury LLC
Brown Holdings LLC
Deed
$8,800,000 · Vfs Us LLC
Mar 8, 2004
—
Brown Holdings LLC
—
Trustees Deed
related
$4,100,000 · Skylands Community Bank
—
—
Brown Holdings LLC
—
Deed Of Trust
related
$250,000 · Skylands Community Bank
—
—
Brown Holdings LLC
—
Deed Of Trust
related
$1,000,000 · Skylands Community 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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