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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Gas stations
104 Main St Mendham, NJ 07945-1533
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US59-0279612
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1998
Construction
CONCRETE BLOCKS
Lot
1.12 ac (48,787 SF)
Zoning code
EB
APN
18 00801-0000-00014
UPID
US59-0279612
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
-
Mendham Car Wash & Lube Center Car Wash
-
Mendham Full Service Car Wash Car Wash
-
Mendham Exxon Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
104 East Main St Mendham LLC · 17 yrs held
104 East Main St Mendham LLC
since 2009
7 recorded transactions
Zoning & alternative use
EB · Mendham, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
dable housing requirements. § 215-67 Parking standards. § 215-68 Buffer requirements. § 215-69 Landscaping requirements. § 215-70 Other requirements remain in effect. Article XIX East Business Zone - Affordable Housing (EB-AH ZONE) § 215-71 Purpose. § 215-72 Location. § 215-73 Uses permitted. § 215-74 Development standards. Article XX Outdoor Dining and Outd…
Zone name
East Business
General category
COMMERCIAL
Zone area
25.56 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 Mendham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mendham 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
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
—
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
$44,197
Tax year 2022
Assessed value
$1,853,900
Assessed 2023
Previous assessed
$1,853,900
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$936,000
Assessed improvement
$917,900
Land market value
$936,000
Improvement market value
$917,900
Total market value
$1,853,900
Applied tax rate
18.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
1.12 ac (48,787 SF)
Zoning code
EB
APN
18 00801-0000-00014
UPID
US59-0279612
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
EB · Mendham, NJZoning EB · permitted uses
EB · Mendham, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
dable housing requirements. § 215-67 Parking standards. § 215-68 Buffer requirements. § 215-69 Landscaping requirements. § 215-70 Other requirements remain in effect. Article XIX East Business Zone - Affordable Housing (EB-AH ZONE) § 215-71 Purpose. § 215-72 Location. § 215-73 Uses permitted. § 215-74 Development standards. Article XX Outdoor Dining and Outdoor Seating § 215-75 Definitions. § 215-76 Permit required. § 215-77 Application.
Zone name
East Business
General category
COMMERCIAL
Zone area
25.56 ac
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
104 East Main St Mendham LLC
Entity
Mailing address
PO BOX 1178, HICKSVILLE, NY 11802-1178
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
—
104 East Main Street Mendham LLC
—
Deed
related
$2,600,000 · Provident Bank
Nov 28, 2017
—
104 E Main Street Mendham LLC
—
Deed
related
$2,175,000 · Provident Bk
Jan 29, 2009
$2,750,000
104 East Main St Mendham LLC
Moro,dennis & Gail
Grant Deed
—
—
—
Dennis Moro
—
Deed Of Trust
related
$1,537,249 · Kimber Petroleum Corp
—
—
East Main Street Mendham 104
—
Deed Of Trust
related
$1,924,556 · Kimber Petroleum Corp
—
—
104 E Main Street Mendham LLC
—
Deed Of Trust
related
$2,175,000 · Provident Bk
—
—
East Main Street Mendham 104
—
Deed Of Trust
related
$2,296,000 · Team Capital Bank
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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