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Property profile & analytics
OFF-MARKET
Commercial real estate
1 Main St Chatham, NJ 07928-2426
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1462791
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Lot
2.93 ac (127,500 SF)
Zoning code
B-5
APN
04 00129-0000-00001
UPID
US59-1462791
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
One Main Street Associates LLC · 4 yrs held
One Main Street Associates LLC
since 2021
1 recorded transaction
Zoning & alternative use
B-5 · Chatham, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
strict. Article V Business District Regulations § 165-16 B-1 Business Service District. § 165-17 B-2 Regional Business District. § 165-18 B-3 General Business District. § 165-19 B-4 Community Business District. § 165-20 B-5 Office District. § 165-21 B-6 Business Office District. § 165-22 Area, yard and building requirements for business districts. § 165-23 G…
Zone name
Business District
General category
COMMERCIAL
Zone area
9.22 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 Chatham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatham 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
$183,574
Tax year 2023
Assessed value
$11,813,000
Assessed 2024
Previous assessed
$11,813,000
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$3,177,000
Assessed improvement
$8,636,000
Land market value
$3,177,000
Improvement market value
$8,636,000
Total market value
$11,813,000
Applied tax rate
4.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1970
Heating
NONE
Lot
2.93 ac (127,500 SF)
Zoning code
B-5
APN
04 00129-0000-00001
UPID
US59-1462791
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B-5 · Chatham, NJZoning B-5 · permitted uses
B-5 · Chatham, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
strict. Article V Business District Regulations § 165-16 B-1 Business Service District. § 165-17 B-2 Regional Business District. § 165-18 B-3 General Business District. § 165-19 B-4 Community Business District. § 165-20 B-5 Office District. § 165-21 B-6 Business Office District. § 165-22 Area, yard and building requirements for business districts. § 165-23 General requirements. § 165-24 Minimum off-street loading. § 165-25 Minimum off-stre
Zone name
Business District
General category
COMMERCIAL
Zone area
9.22 ac
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Lot
2.93 ac
Current owner
From public records · entity-resolved
One Main Street Associates LLC
Entity
Mailing address
981 US HWY 22, BRIDGEWATER, NJ 08807-2946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Oct 15, 2021
—
One Main Street Associates LLC
—
Deed
related
$3,000,000 · Peoples Security Bank & Trust Company
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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