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Property profile & analytics
OFF-MARKET
Estimated value
$2,010,000
Industrial properties
122 Clinton Rd Fairfield, NJ 07004-2921
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1937305
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
15,566 SF
Lot
1.2 ac (52,272 SF)
Zoning code
L1
APN
07 00701-0000-00011
UPID
US59-1937305
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
-
Par-Troy Sheet Metal Production Facility
-
Artistic Signs LLC (Bike/Boat/Book/etc) Store Printing Service
-
F n' A Automotive Auto Repair Shop Insurance Agency
-
A Atkins Appraisal Corporation Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
$2.75M
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$2.01M
Owner & transaction history
122 Clinton Road LLC · 3 yrs held
122 Clinton Road LLC
since 2023
Last sale
$1.6M
2 recorded transactions
Zoning & alternative use
L1 · Fairfield, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ing Requirements. § 45-37 (RESERVED) § 45-38 C-4 LIMITED ADULT USE OVERLAY ZONE DISTRICT. § 45-38.1 Permitted Uses. § 45-38.2 Area, Yard and Building Regulations. § 45-38.3 Supplemental Regulations for C-4 Uses. § 45-39 L-1 LIGHT INDUSTRIAL ZONE. § 45-39.1 Permitted Uses. § 45-39.2 Accessory Uses. § 45-39.3 Conditional Uses. § 45-39.4 Area, Yard and Building…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
793.47 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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$2,220,000
ML approach
$2,320,000
CAP Approach
CAP Return
Estimation
6%
$2,975,000
6.5%
$2,745,000
7%
$2,550,000
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±10% · vs last sale $1.60M (Jun 26 2023)
Last sale anchor
$1.60M
Jun 26 2023
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
$129 / 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
$40,276
Tax year 2022
Assessed value
$2,010,800
Assessed 2023
Previous assessed
$2,010,800
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$360,400
Assessed improvement
$1,650,400
Land market value
$360,400
Improvement market value
$1,650,400
Total market value
$2,010,800
Applied tax rate
7.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
15,566 SF
Lot
1.2 ac (52,272 SF)
Zoning code
L1
APN
07 00701-0000-00011
UPID
US59-1937305
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
L1 · Fairfield, NJZoning L1 · permitted uses
L1 · Fairfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ing Requirements. § 45-37 (RESERVED) § 45-38 C-4 LIMITED ADULT USE OVERLAY ZONE DISTRICT. § 45-38.1 Permitted Uses. § 45-38.2 Area, Yard and Building Regulations. § 45-38.3 Supplemental Regulations for C-4 Uses. § 45-39 L-1 LIGHT INDUSTRIAL ZONE. § 45-39.1 Permitted Uses. § 45-39.2 Accessory Uses. § 45-39.3 Conditional Uses. § 45-39.4 Area, Yard and Building Requirements. § 45-39.5 Other Requirements. § 45-40 L-2 LIGHT INDUSTRIAL ZONE. § 4
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
793.47 ac
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
122 Clinton Road LLC
Entity
Mailing address
2 INDUSTRIAL RD, FAIRFIELD, NJ 07004-3022
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2023
$1,600,000
122 Clinton Road LLC
The Tomitz Family Limited Partnersh
Deed
$950,000 · The Tomitz Family Limited Partnersh
Mar 15, 2023
$740,000
Salomon Casicana
Pamela Chunasamy
Deed
$591,167 · Carrington Mortgage Services LLC
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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