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Property profile & analytics
OFF-MARKET
Estimated value
$5,690,000
Hotels
999 Us Hwy 1st 1 North Brunswick, NJ 08902-2712
Entity Owned
6-yr Hold
Free & Clear
Property ID
US59-1600970
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1966
Total area
131 SF
Lot
6.61 ac (287,932 SF)
Zoning code
C2
APN
14 00140-0000-00061
UPID
US59-1600970
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
$6.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.69M
Owner & transaction history
Kamas Properties LLC · 6 yrs held
Kamas Properties LLC
since 2020
Last sale
$5.5M
6 recorded transactions
Zoning & alternative use
C2 · North Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$6,855,000
ML approach
$6,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.69M
Range $5.12M – $6.26M · ±10% · vs last sale $5.50M (Apr 15 2020)
Last sale anchor
$5.50M
Apr 15 2020
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
$43,435 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$161,789
Tax year 2022
Assessed value
$2,692,000
Assessed 2023
Previous assessed
$2,692,000
+0.0% YoY
Effective rate
6.01%
On assessed value
Assessed land
$692,000
Assessed improvement
$2,000,000
Land market value
$692,000
Improvement market value
$2,000,000
Total market value
$2,692,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1966
Heating
NONE
Total area
131 SF
Lot
6.61 ac (287,932 SF)
Zoning code
C2
APN
14 00140-0000-00061
UPID
US59-1600970
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C2 · North Brunswick, NJ
Zoning C2 · permitted uses
C2 · North Brunswick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Brunswick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Lot
6.61 ac
Current owner
From public records · entity-resolved
Kamas Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
180 RIV RD, SUMMIT, NJ 07901-1421
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2020
$5,500,000
Kamas Properties LLC
Thompson James J Trust
Grant Deed
—
Jun 12, 2014
—
Thompson,james J Trust
Thompson,james J
Quit Claim Deed
related
—
Jul 24, 2007
—
North Brunswick Hospitality Gr
—
Trustees Deed
related
$600,000 · National Republic Bk/chicago
Aug 18, 2004
$1
Slutsky,leonid
Slutsky,leonid
Quit Claim Deed
related
$178,500 · Bnc Mtg
—
—
Naina Hospitality Group LLC
—
Loan Modification
related
$1,426,591 · People's United Bk
—
—
Naina Hospitality Group LLC
—
Loan Modification
related
$1,253,374 · People's United Bk
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.
Try Rey
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