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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Residential income homes
Wheldon Shivers Dr Trenton, NJ 08628
Entity Owned
11-yr Hold
Absentee Owner
Property ID
US59-1457201
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2016
Lot
28.79 ac (1,253,962 SF)
Zoning code
RM
APN
02 00373-0000-00002- 01
UPID
US59-1457201
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
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
American Properties Of Bear Taver · 11 yrs held
American Properties Of Bear Taver
since 2015
7 recorded transactions
Zoning & alternative use
RM · Trenton, 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 Trenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trenton 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
by Request
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±10%
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
$1,133,177
Tax year 2022
Assessed value
$31,503,400
Assessed 2023
Previous assessed
$31,503,400
+0.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$9,360,000
Assessed improvement
$22,143,400
Land market value
$9,360,000
Improvement market value
$22,143,400
Total market value
$31,503,400
Applied tax rate
2.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2016
Heating
NONE
Units
1
Lot
28.79 ac (1,253,962 SF)
Zoning code
RM
APN
02 00373-0000-00002- 01
UPID
US59-1457201
Jurisdiction
MERCER
Zoning & alternative use
RM · Trenton, NJ
Zoning RM · permitted uses
RM · Trenton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trenton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Units
1
Lot
28.79 ac
Current owner
From public records · entity-resolved
American Properties Of Bear Taver
Entity
Mailing address
517 US HWY 1ST S STE #2100, ISELIN, NJ 08830-3023
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2015
—
American Properties Of Bear Taver
—
Trustees Deed
related
$36,750,000 · Columbia Bk
Jan 31, 2013
—
American Properties Of Jefferson
—
Deed Of Trust
related
$26,683,750 · Amboy Bank
—
—
American Properties At Bear Ta
—
Deed Of Trust
related
$1,200,000 · Amboy National Bank
—
—
American Properties Of Bear Taver
—
Deed Of Trust
related
$200,000 · Amboy Bank
—
—
American Prop At Bear Tavern L
—
Deed Of Trust
related
$50,000,000 · Columbia Bk
—
—
American Properties Of Bear Taver
—
Deed Of Trust
related
$7,500,000 · Amboy Bank
—
—
American Prop Of Bear Tavern LLC
—
Loan Modification
related
$42,550,000 · Columbia Bk
—
—
American Props Of Bear Tavern LLC
—
Deed Of Trust
related
$2,576,000 · Amboy 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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