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Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Commercial real estate
151 State Rte 10th E Succasunna, NJ 07876-1452
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-1468992
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1965
Construction
BRICK
Total area
18,817 SF
Lot
1.29 ac (56,192 SF)
Zoning code
B-2
APN
36 03603-0000-00001
UPID
US59-1468992
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.83M
CAP Approach
CAP
$2.13M
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$2.42M
Owner & transaction history
Big A 151 Route 10 LLC · 5 yrs held
Big A 151 Route 10 LLC
since 2020
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
B-2 · Succasunna, 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 Succasunna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Succasunna 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
$2,805,000
ML approach
$2,825,000
CAP Approach
CAP Return
Estimation
6%
$2,300,000
6.5%
$2,125,000
7%
$1,975,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,940,000
Change: -5% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,365,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±10% · vs last sale $2.42M (Aug 13 2020)
Last sale anchor
$2.42M
Aug 13 2020
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
$128 / 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
$59,745
Tax year 2022
Assessed value
$2,229,300
Assessed 2023
Previous assessed
$2,229,300
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$674,900
Assessed improvement
$1,554,400
Land market value
$674,900
Improvement market value
$1,554,400
Total market value
$2,229,300
Applied tax rate
36.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1965
Construction
BRICK
Heating
NONE
Stories
2
Total area
18,817 SF
Lot
1.29 ac (56,192 SF)
Zoning code
B-2
APN
36 03603-0000-00001
UPID
US59-1468992
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Succasunna, NJZoning B-2 · permitted uses
B-2 · Succasunna, NJ
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
OFFICE BUILDING
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
Year built
1965
Construction
BRICK
Heating
NONE
Stories
2
Lot
1.29 ac
Current owner
From public records · entity-resolved
Big A 151 Route 10 LLC
Entity
Mailing address
117 LINCOLN PL, WALDWICK, NJ 07463-2114
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2020
$2,420,000
Big A 151 Route 10 LLC
Alphacyn Holdings LLC
Correction Deed
—
Aug 6, 2020
$2,420,000
Big A 151 Route 10 LLC
Alphacyn Holdings LLC
Grant Deed
—
Jun 13, 2017
—
Alphacyn Holdings LLC
—
Deed
related
$75,000 · Sussex Bk
—
—
Alphacyn Holdings LLC
—
Deed Of Trust
related
$1,400,000 · Sussex Bank
—
—
Alphacyn Holdings LLC
—
Deed Of Trust
related
$75,000 · Sussex Bk
—
—
Alphacyn Holdings LLC
—
Deed Of Trust
related
$1,237,500 · Independence Community 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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