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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Parking lots & garages
Rt 22 Clinton, NJ 08809
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-2251569
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.18 ac (7,841 SF)
Zoning code
C-1
APN
05 00011-0000-00018
UPID
US59-2251569
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Legacy Intax LLC · 5 yrs held
Legacy Intax LLC
since 2021
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
C-1 · Clinton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Downtown parking requirements. Within the area of the C-1 Zone District that lies east of the South Branch of the Raritan River and north of State Route 173, the parking requirements of Subsection A above shall not apply for changes in use. Where a change to the footprint and/or FAR of existing buildings is proposed and parking already exists on site, such c…
Zone name
Downtown Commercial District
General category
COMMERCIAL
Zone area
22.43 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 Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton 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
$595,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Jul 20 2021)
Last sale anchor
$600k
Jul 20 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,387
Tax year 2023
Assessed value
$172,000
Assessed 2024
Previous assessed
$172,000
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$164,200
Assessed improvement
$7,800
Land market value
$164,200
Improvement market value
$7,800
Total market value
$172,000
Applied tax rate
5.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Units
1
Lot
0.18 ac (7,841 SF)
Zoning code
C-1
APN
05 00011-0000-00018
UPID
US59-2251569
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
C-1 · Clinton, NJZoning C-1 · permitted uses
C-1 · Clinton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Downtown parking requirements. Within the area of the C-1 Zone District that lies east of the South Branch of the Raritan River and north of State Route 173, the parking requirements of Subsection A above shall not apply for changes in use. Where a change to the footprint and/or FAR of existing buildings is proposed and parking already exists on site, such changes, shall be designed, to the maximum extent possible, so as not to eliminate existing parking spaces. Nor shall any accessories, such as dumpsters or outdoor storage, occupy existing on-site parking spaces. C.
Zone name
Downtown Commercial District
General category
COMMERCIAL
Zone area
22.43 ac
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Legacy Intax LLC
Entity
Mailing address
37 MAIN ST, CLINTON, NJ 08809-2633
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
$600,000
Legacy Intax LLC
Legacy Intact LLC
Deed
$444,500 · The Provident Bank
Jun 18, 2019
—
Legacy Intact LLC
Kobyleckyj,lisa
Grant Deed
—
Jun 27, 2018
$69,000
Lisa Pamias
Green Valley Realty INC
Grant Deed
—
—
—
Legacy Intact LLC
—
Deed Of Trust
related
$428,000 · First Platinum Cap
—
—
Legacy Intact LLC
—
Loan Modification
related
$357,000 · Ark Capital Holdings 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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