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Property profile & analytics
OFF-MARKET
Commercial real estate
1 Millbrook Rd Hardwick, NJ 07825
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US59-1320658
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1870
Construction
FRAME
Total area
3,969 SF
Lot
0.51 ac (22,216 SF)
Zoning code
HMH
APN
11 02400-0000-00600
UPID
US59-1320658
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
Gianfranco S Disalvo · 9 yrs held
Gianfranco S Disalvo
since 2017
4 recorded transactions
Zoning & alternative use
HMH · Hardwick, 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 Hardwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hardwick 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,654
Tax year 2022
Assessed value
$347,600
Assessed 2023
Previous assessed
$347,600
+0.0% YoY
Effective rate
3.07%
On assessed value
Assessed land
$40,100
Assessed improvement
$307,500
Land market value
$40,100
Improvement market value
$307,500
Total market value
$347,600
Applied tax rate
11.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1870
Construction
FRAME
Heating
NONE
Stories
2
Units
3
Total area
3,969 SF
Lot
0.51 ac (22,216 SF)
Zoning code
HMH
APN
11 02400-0000-00600
UPID
US59-1320658
Jurisdiction
WARREN
Zoning & alternative use
HMH · Hardwick, NJ
Zoning HMH · permitted uses
HMH · Hardwick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hardwick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1870
Construction
FRAME
Heating
NONE
Stories
2
Units
3
Lot
0.51 ac
Current owner
From public records · entity-resolved
Gianfranco S Disalvo
Individual
Mailing address
PO BOX 275, HOPE, NJ 07844-0275
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2017
$255,000
Gianfranco S Disalvo
One Millbrook At Hope LLC
Grant Deed
$250,381 · Carrington Mtg Svcs
Sep 25, 2007
$401,000
One Millbrook At Hope LLC
Kpgp Hope LLC
Grant Deed
$320,800 · Peapack Gladstone Bank
Mar 16, 2005
$450,000
Kpgp Hope LLC
Ralph Borzotta
Deed
$360,000 · Wachovia Bank NA
—
—
Ralph Borzotta
—
Deed Of Trust
related
$12,000 · Theresa Finnerty
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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