Property profile

8 Ml Ln Rockaway, NJ 07866

OFF-MARKET
Commercial real estate
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Property ID
US59-1913253
1,455 SF 0.33 ac Built 1890
Last sale Mar 2024·$450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$155k
Assessed land$50k
Assessed improvement$106k
Effective rate3.23%

Value estimate

· Nov 2026
$450k
$405k – $495k
AI approach$450k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$110 – $309
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
O-B
Flashing, moving or animated signs; however, nonflashing, digital reflected-light time and temperature signs shall be allowed in the O-B,...
General categoryCIVIC_INSTITUTIONAL
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.8
Law Firm17.7
Storage Facility15.8

Location

8 Ml Ln Rockaway, NJ 07866-3509
County assessor Recorded deeds · 1 transfer 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
171 Us Hwy 46, Rockaway, NJ 07866 $1,425,000 May 2025 1,178 SF
296 Us Hwy 46, Rockaway, NJ 07866-3852 $1,350,000 Jan 2025 1,782 SF
91 Cobb, Rockaway, NJ 07866-3120 $194,000 Dec 2024 1,479 SF
387 Us Hwy 46, Rockaway, NJ 07866-3806 $925,000 Aug 2024 1,526 SF
77 Main, Rockaway, NJ 07866-3403 $475,000 Jun 2024 1,653 SF
347 Main, Rockaway, NJ 07866-3604 $475,000 Feb 2024 1,931 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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