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Property profile & analytics
OFF-MARKET
Estimated value
$2,175,000
Commercial real estate
12 Lincoln Blvd Emerson, NJ 07630-1175
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-0563687
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
10,710 SF
Lot
0.35 ac (15,377 SF)
APN
14 00412-0000-00005
UPID
US59-0563687
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
-
FedEx Drop Box Postal Service Courier Service
-
Speech Success: Jacqueline Ahrens, SLPD, CCC-SLP Physician
-
Lev Shetsen LLC Real Estate Agency
-
Promomentum Marketing & Advertising
-
Ira Rinn Health Care Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
$2.30M
Comparable Approach
Comparable
$2.85M
Blend (final)
Blend
$2.18M
Owner & transaction history
Ce 12 Lincoln Blvd LLC · 3 yrs held
Ce 12 Lincoln Blvd LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.5M
+12.2%
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 Emerson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Emerson 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
$2,245,000
ML approach
$2,320,000
CAP Approach
CAP Return
Estimation
6%
$2,490,000
6.5%
$2,300,000
7%
$2,135,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,135,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,520,000
Change: +12% · Conversion: Moderate
OFFICE BUILDING
$2,585,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.18M
Range $1.96M – $2.39M · ±10% · vs last sale $2.00M (Aug 22 2022)
Last sale anchor
$2.00M
Aug 22 2022
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
$203 / 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
$34,822
Tax year 2022
Assessed value
$1,725,000
Assessed 2023
Previous assessed
$1,725,000
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$365,500
Assessed improvement
$1,359,500
Land market value
$365,500
Improvement market value
$1,359,500
Total market value
$1,725,000
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Total area
10,710 SF
Lot
0.35 ac (15,377 SF)
APN
14 00412-0000-00005
UPID
US59-0563687
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
OFFICE BUILDING
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Ce 12 Lincoln Blvd LLC
Entity
Mailing address
59 LINCOLN PARK STE #250, NEWARK, NJ 07102-2356
Ownership since
2022
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
Aug 22, 2022
$2,000,000
Ce 12 Lincoln Blvd LLC
Aljeff Realty LLC
Deed
$1,500,000 · Columbia Bank
Oct 13, 2010
$1,825,000
Aljeff Realty
Diamond Finl
Grant Deed
$1,368,750 · Kearny Fsb
—
—
Diamond Financial LLC
—
Deed Of Trust
related
$880,000 · Columbia Bank
—
—
Aljeff Realty LLC
—
Deed Of Trust
related
$1,311,413 · Kearny Fsb
—
—
Diamond Financial LLC
—
Deed Of Trust
related
$850,000 · American Bank
—
—
Diamond Financial LLC
—
Deed Of Trust
related
$450,000 · American Bank
—
—
Diamond Finl LLC
—
Deed Of Trust
related
$450,000 · Bank Of New Jersey
—
—
Diamond Financial LLC
—
Deed Of Trust
related
$275,000 · William Procida INC
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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