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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Commercial real estate
1030 Raritan Rd Clark, NJ 07066-1307
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US59-2429751
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Total area
4,800 SF
Lot
1.82 ac (79,279 SF)
APN
02 00060-0000-00066- 01
UPID
US59-2429751
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
Current use
Occupant on record · Public records
-
Garage Door Specialists Inc Building Supply General Contractor
-
Manny's Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$975k
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.22M
Owner & transaction history
Clark Diner LLC · 9 yrs held
Clark Diner LLC
since 2017
7 recorded transactions
Zoning & alternative use
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 Clark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clark 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,055,000
6.5%
$975,000
7%
$905,000
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$253 / SF
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
$49,487
Tax year 2022
Assessed value
$2,336,500
Assessed 2023
Previous assessed
$1,969,000
+18.7% YoY
Effective rate
2.12%
On assessed value
Assessed land
$648,800
Assessed improvement
$1,687,700
Land market value
$648,800
Improvement market value
$1,687,700
Total market value
$2,336,500
Applied tax rate
2.0000
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
1976
Heating
NONE
Total area
4,800 SF
Lot
1.82 ac (79,279 SF)
APN
02 00060-0000-00066- 01
UPID
US59-2429751
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Lot
1.82 ac
Current owner
From public records · entity-resolved
Clark Diner LLC
Entity
Mailing address
1030 RARITAN RD, CLARK, NJ 07066-1307
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2017
—
Clark Diner LLC
—
Deed
related
$1,500,000 · Nve Bk
May 9, 2017
—
Clark Diner LLC
Emmanuel Niotis & Rbelia LLC
Grant Deed
related
—
Sep 10, 2013
$425,000
Emmanuel Noitis & Rbelia LLC
Raritan Clark Associates LLC
Grant Deed
—
—
—
Emmanuel Niotis
—
Deed Of Trust
related
$300,000 · John & Evelyn Kallas
—
—
Windsor Diner Beverage Corp
—
Deed Of Trust
related
$50,000 · James Balatsos
—
—
Raritan Clark Associates LLC
—
Deed Of Trust
related
$110,000 · Antonious & Sophia Ousouljoglou
—
—
Raritan Clark Associates LLC
—
Deed Of Trust
related
$500,000 · Antonios & Sophia Ousouljoglou
—
—
Clark Diner LLC
—
Deed Of Trust
related
$1,500,000 · Nve Bk
—
—
Raritan Clark Associates LLC
—
Deed Of Trust
related
$225,000 · Minas Perdicologos
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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