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Property profile & analytics
OFF-MARKET
Parking lots & garages
Washington Vly Rd Bedminster, NJ 07921
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-2422121
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1965
Lot
5.57 ac (242,629 SF)
Zoning code
OR
APN
01 00072-0000-00003
UPID
US59-2422121
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Em Realty Associates LLC · 2 yrs held
Em Realty Associates LLC
since 2024
2 recorded transactions
Zoning & alternative use
OR · Bedminster, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
or Nonresidential Uses. § 13-405A.8 Permitted Signs. § 13-405B "VN-3" POTTERSVILLE VILLAGE NEIGHBORHOOD. § 13-405B.1 Principal Permitted Uses on the Land and in Buildings. § 13-405B.2 Accessory Uses Permitted. § 13-406 "OR" OFFICE RESEARCH. § 13-406.1 Permitted Principal Uses on the Land and in Buildings. § 13-406.2 Accessory Uses Permitted. § 13-406.3 Maxim…
Zone name
Office Research
General category
UNKNOWN
Zone area
152.33 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 Bedminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedminster 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$19,564
Tax year 2023
Assessed value
$1,502,000
Assessed 2024
Previous assessed
$1,502,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,252,000
Assessed improvement
$250,000
Land market value
$1,252,000
Improvement market value
$250,000
Total market value
$1,502,000
Applied tax rate
1.0000
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
Year built
1965
Heating
NONE
Units
1
Rooms
9
Bathrooms
2
Lot
5.57 ac (242,629 SF)
Zoning code
OR
APN
01 00072-0000-00003
UPID
US59-2422121
Jurisdiction
SOMERSET
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
OR · Bedminster, NJZoning OR · permitted uses
OR · Bedminster, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
or Nonresidential Uses. § 13-405A.8 Permitted Signs. § 13-405B "VN-3" POTTERSVILLE VILLAGE NEIGHBORHOOD. § 13-405B.1 Principal Permitted Uses on the Land and in Buildings. § 13-405B.2 Accessory Uses Permitted. § 13-406 "OR" OFFICE RESEARCH. § 13-406.1 Permitted Principal Uses on the Land and in Buildings. § 13-406.2 Accessory Uses Permitted. § 13-406.3 Maximum Building Height. § 13-406.4 Area and Yard Requirements for the "OR" District. §
Zone name
Office Research
General category
UNKNOWN
Zone area
152.33 ac
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Units
1
Rooms
9
Bathrooms
2
Lot
5.57 ac
Current owner
From public records · entity-resolved
Em Realty Associates LLC
Entity
Mailing address
PO BOX 6622, BRIDGEWATER, NJ 08807-0622
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2024
—
Em Realty Associates LLC
—
Deed
related
$24,000,000 · Ctl Lending Group LLC
—
—
Em Realty Associates LLC
—
Deed Of Trust
related
$34,000,000 · Valley National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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