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Property profile & analytics
OFF-MARKET
Office Spaces
150 Riv Rd Ste A3 Montville, NJ 07045-8916
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US59-0082471
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1980
Total area
1,900 SF
Lot
0.04 ac (1,917 SF)
Zoning code
RLM1
APN
21 00123- 01-00001- 30
UPID
US59-0082471
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
-
J.F. KELLY INC. Food Processing Plant Factory
-
Surenian, Edwards, Buzak & Nolan LLC Law Firm
-
Allied Advisory Group, LLC. Business Management Consultant
-
Andrea Silverman, PC Law Firm Financial Advisor
-
Lipsky Portales Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eid Realty LLC · 10 yrs held
Eid Realty LLC
since 2015
4 recorded transactions
Zoning & alternative use
RLM1 · Montville, 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 Montville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,363
Tax year 2022
Assessed value
$210,000
Assessed 2023
Previous assessed
$210,000
+0.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$85,500
Assessed improvement
$124,500
Land market value
$85,500
Improvement market value
$124,500
Total market value
$210,000
Applied tax rate
21.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1980
Heating
NONE
Total area
1,900 SF
Lot
0.04 ac (1,917 SF)
Zoning code
RLM1
APN
21 00123- 01-00001- 30
UPID
US59-0082471
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
RLM1 · Montville, NJ
Zoning RLM1 · permitted uses
RLM1 · Montville, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
0.04 ac
Current owner
From public records · entity-resolved
Eid Realty LLC
Entity
Mailing address
150 RIV RD STE A3, MONTVILLE, NJ 07045-8916
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2015
$205,000
Eid Realty LLC
Torter Corp
Deed
$164,000 · Td Bank NA
Aug 30, 2006
—
Carria Realty LLC
—
Trustees Deed
related
$700,000 · Lakeland Bank
Jun 8, 2005
$115,000
Pasquale O Gencarelli
Gencarelli,salvatore & Adelina
Grant Deed
related
—
—
—
Torter Corp
—
Deed Of Trust
related
$1,750,000 · Pnc Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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