Entity Owned Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Construction
CONCRETE BLOCKS
Total area
2,576 SF
Lot
0.24 ac (10,498 SF)
Zoning code
R-3A
APN
16 02103-0000-00010
UPID
US59-1617780
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Gym & Fitness Center Alternative Medicine Practice
-
Medical Clinic Alternative Medicine Practice
-
Gym & Fitness Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$465k
Owner & transaction history
since 2017
6 recorded transactions
Zoning & alternative use
R-3A · Scotch Plains, NJ
Zoning description
of the Township of Scotch Plains, Union County, New Jersey, approved a Minor Subdivision application for the proposal of two lots for two single-family homes for Prawdzik Properties, 2062 Valley Ave, Block 2802, Lot 8, R…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 16 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$465k
Value range
$419k – $512k
±10% around blend
Estimated value / SF
$181 / SF
Confidence
High
16 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$419k
blend $465k
$512k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,576 SF
Lot area
0.24 ac
Year built
1930
Stories
2
APN
16 02103-0000-00010
Zoning
R-3A
Assessed value
$131,000
Annual tax
$14,962
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$905k
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.5 mi away · 2,162 SF
2.5 mi away · 2,162 SF
4.2 mi away · 2,212 SF
4.6 mi away · 1,820 SF
6.1 mi away · 2,720 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$465k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 27 sales
$259
-30%
Submarket 27 sales
$259
-30%
County 826 sales
$248
-27%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $181/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 16 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$131k
Move the market yield to see immediate price impact.
Value / SF
$51
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$8k
$165k
$118k
$92k
$9k
$183k
$131k
$102k
$10k
$202k
$144k
$112k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$900k
2.2 mi · Feb 2026 · $377/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,962
Tax year 2023
Assessed value
$131,000
Assessed 2024
Previous assessed
$131,000
+0.0% YoY
Effective rate
11.42%
On assessed value
Assessed land
$54,600
Assessed improvement
$76,400
Land market value
$54,600
Improvement market value
$76,400
Total market value
$131,000
Applied tax rate
16.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1930
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Total area
2,576 SF
Lot
0.24 ac (10,498 SF)
Zoning code
R-3A
APN
16 02103-0000-00010
UPID
US59-1617780
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-3A · Scotch Plains, NJZoning R-3A · permitted uses
R-3A · Scotch Plains, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
of the Township of Scotch Plains, Union County, New Jersey, approved a Minor Subdivision application for the proposal of two lots for two single-family homes for Prawdzik Properties, 2062 Valley Ave, Block 2802, Lot 8, R…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1930
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
0.24 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
R-3A
RESIDENTIAL
Jurisdiction
Scotch Plains, NJ
Recorded code
R-3A
Official district
R-3A
Official district profile
What the municipal code says about R-3A
Zoning description
of the Township of Scotch Plains, Union County, New Jersey, approved a Minor Subdivision application for the proposal of two lots for two single-family homes for Prawdzik Properties, 2062 Valley Ave, Block 2802, Lot 8, R…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-3A in Scotch Plains, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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