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Property profile & analytics
FOR LEASE
Commercial real estate
1139 Spruce Dr, Mountainside, NJ 07092
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US59-0532754
For Lease
1 / 7
$26 SF/Yr
1139 Spruce Dr, Mountainside, NJ 07092
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
18,400 SF
Lot
1.01 ac (43,843 SF)
Zoning code
LI
APN
10 00005- 20-00024- 02
UPID
US59-0532754
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
-
DaVita Summit Dialysis Medical Clinic
-
Cooperative Counseling Services Crisis Center Medical Clinic
-
HOME-OMETRY Inc. Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$2.47M
Owner & transaction history
Lkm Real Estate Holdings LLC · 8 yrs held
Lkm Real Estate Holdings LLC
since 2017
7 recorded transactions
Zoning & alternative use
LI · Mountainside, 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 Mountainside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountainside 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,750,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.47M
Range $2.22M – $2.71M · ±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
$134 / 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
$47,175
Tax year 2022
Assessed value
$2,362,300
Assessed 2023
Previous assessed
$2,362,300
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$395,000
Assessed improvement
$1,967,300
Land market value
$395,000
Improvement market value
$1,967,300
Total market value
$2,362,300
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Lease
Heating
NONE
Total area
18,400 SF
Lot
1.01 ac (43,843 SF)
Zoning code
LI
APN
10 00005- 20-00024- 02
UPID
US59-0532754
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Mountainside, NJ
Zoning LI · permitted uses
LI · Mountainside, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mountainside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.8M
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
1.01 ac
Current owner
From public records · entity-resolved
Lkm Real Estate Holdings LLC
Entity
Mailing address
1139 SPRUCE DR, SUMMIT, NJ 07902
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2022
—
Lkm Real Estate Holdings LLC
—
Deed
related
$1,278,000 · Union County Savings Bank
Jan 19, 2018
—
Delaney Real Est Holdings LP
—
Loan Modification
related
$3,116,104 · Kearny Bk
Dec 21, 2017
$1,530,000
Lkm Real Estate Holdings LLC
Delaney Real Est Holdings LP
Grant Deed
related
$1,414,300 · Bank Of America
Jan 23, 2013
—
Delaney Real Estate Holdings L
—
Deed Of Trust
related
$3,500,000 · Kearny Fsb
May 17, 2011
—
Delaney Real Estate Holdings
—
Deed Of Trust
related
$3,400,000 · Financial Rsrcs Cu
—
—
Delaney R & E Holdings
—
Deed Of Trust
related
$1,100,000 · Union Ctr Nat'l Bk
—
—
Delaney R & E Holdings
—
Deed Of Trust
related
$200,000 · Union Ctr Nat'l Bk
—
—
Delaney Real Estate Holdings
—
Deed Of Trust
related
$2,600,000 · Union Ctr Nat'l Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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