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Property profile & analytics
OFF-MARKET
Estimated value
$9,150,000
Commercial real estate
130 Terhune Dr Wayne, NJ 07470-7104
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-2022223
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1969
Total area
29,476 SF
Lot
2.16 ac (94,090 SF)
Zoning code
R-A
APN
14 04402-0000-00023
UPID
US59-2022223
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
-
Complete Care at Wayne Hills Nursing Home
-
Lakeview Rehabilitation & Care Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.83M
CAP Approach
CAP
$5.63M
Comparable Approach
Comparable
$8.85M
Blend (final)
Blend
$9.15M
Owner & transaction history
Lakeview PC Propco LLC · 2 yrs held
Lakeview PC Propco LLC
since 2023
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
R-A · Wayne, 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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
$9,475,000
ML approach
$9,830,000
CAP Approach
CAP Return
Estimation
6%
$6,100,000
6.5%
$5,630,000
7%
$5,230,000
Blend value · Realmo final
$9.15M
Range $8.24M – $10.07M · ±10% · vs last sale $8.80M (Nov 17 2023)
Last sale anchor
$8.80M
Nov 17 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
$310 / 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
$168,280
Tax year 2022
Assessed value
$2,976,300
Assessed 2023
Previous assessed
$2,976,300
+0.0% YoY
Effective rate
5.65%
On assessed value
Assessed land
$926,000
Assessed improvement
$2,050,300
Land market value
$926,000
Improvement market value
$2,050,300
Total market value
$2,976,300
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 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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1969
Heating
NONE
Total area
29,476 SF
Lot
2.16 ac (94,090 SF)
Zoning code
R-A
APN
14 04402-0000-00023
UPID
US59-2022223
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R-A · Wayne, NJ
Zoning R-A · permitted uses
R-A · Wayne, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wayne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Lot
2.16 ac
Current owner
From public records · entity-resolved
Lakeview PC Propco LLC
Entity
Mailing address
1730 RTE 37TH W, TOMS RIVER, NJ 08757-2345
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2023
$8,798,540
Lakeview PC Propco LLC
Wayne Group Lakeview LLC
Deed
$48,770,000 · Metropolitan Commercial Bank
Nov 17, 2023
$101,460
Lakeview PC Propco LLC
Lakeview Zblo LLC
Deed
$48,770,000 · Metropolitan Commercial Bank
Apr 1, 2019
—
Wayne Group Lakeview LLC
Lakeview Zblo LLC
Quit Claim Deed
—
Sep 27, 2018
—
Lakeview Zblo LLC
Wayne Group Lakeview LLC
Quit Claim Deed
—
Dec 17, 2012
—
Fnr Lakeview LLC
Grosso Realty Inv & Mgmt LLC
Grant Deed
—
Aug 22, 2012
$7,080,000
Fnr Lakeview LLC
Grosso Realty Inv & Mgmt LLC
Grant Deed
—
May 17, 1999
—
Grosso Realty Inv & Mgmt LLC
Grosso,richard F & Dolores T
Quit Claim Deed
related
—
—
—
Fnr Lakeview LLC
—
Deed Of Trust
related
$2,800,000 · Jz Ventures LLC
—
—
Fnr Lakeview LLC
—
Deed Of Trust
related
$5,000,000 · Slg LP
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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