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Property profile & analytics
OFF-MARKET
Office Spaces
1465 State Rte 31st S Annandale, NJ 08801-3129
Entity Owned
~
Est. High Equity
Property ID
US59-2205229
Property summary
AI-generated overview
This exceptional 3,250 square foot Class A medical condo suite is located at 1465 State Route 31, Unit NA, in Annandale, New Jersey. The property boasts a striking marble and glass entrance, setting a professional and welcoming tone. The interior is completely finished and ready for immediate occupancy, eliminating the need for extensive renovations. The layout includes seven private offices or exam rooms, perfectly suited for a variety of medical practices. A spacious reception area ensures efficient patient flow, and a convenient bull pen provides additional workspace. The suite offers significant flexibility
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Zoning code
PUD
APN
06 00079- 02-00007-1122
UPID
US59-2205229
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
Chanco Dev Corporation-beaver
Chanco Dev Corporation-beaver
1 recorded transaction
Zoning & alternative use
PUD · Annandale, 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 Annandale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annandale 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
$1,187
Tax year 2023
Assessed value
$41,100
Assessed 2024
Previous assessed
$41,100
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$9,600
Assessed improvement
$31,500
Land market value
$9,600
Improvement market value
$31,500
Total market value
$41,100
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Heating
NONE
Units
1
Zoning code
PUD
APN
06 00079- 02-00007-1122
UPID
US59-2205229
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
PUD · Annandale, NJ
Zoning PUD · permitted uses
PUD · Annandale, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Annandale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Current owner
From public records · entity-resolved
Chanco Dev Corporation-beaver
Entity
Mailing address
1465 STATE RTE 31ST S, ANNANDALE, NJ 08801-3129
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Chanco Dev Corporation-beaver
—
Deed Of Trust
related
$1,800,000 · United Int'l 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.
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