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Financial
Distress signals
Property profile

15 Rockland Ter Verona, NJ 07044

FOR LEASE
Other industrial properties
Property ID
US59-1888247
0.35 ac lot Built 1950
Last sale Aug 2016 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
15 Rockland Ter, Verona, NJ 07044 For Lease
$1,700/Mo 1,010 SF available
15 Rockland Ter, Verona, NJ 07044
View Listing

Property summary

AI-generated overview

The property is a 1,140-square-foot, second-floor office suite located at 15 Rockland Ter #2 in Verona Township, New Jersey, within a building complex constructed in 1950. The suite is configured with a private layout that includes four partitioned rooms, a larger shared room, and an eat-in kitchen area, with windows on three sides for natural light. Separate climate control is supported by an individual Honeywell thermostat, and the suite features newer central air conditioning and heating.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$24k
Tax billed · 2022
Assessed value · 2023$806k
Assessed land$451k
Assessed improvement$355k
Effective rate2.99%

Value estimate

· Oct 2026
$570k
$513k – $627k
AI approach$570k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$10k
Operating expenses−$5k
NOI · 909.00% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$226/SF
County average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$153 – $444

Cap rate analysis

How does the asset earn?
909.00%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.2
Bakery10.7
Garden Center9.9

Location

15 Rockland Ter Verona, NJ 07044
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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