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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Commercial real estate
1603 Springfield Ave Maplewood, NJ 07040-2413
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1351212
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1947
Total area
5,024 SF
Lot
0.19 ac (8,102 SF)
Zoning code
SA-1
APN
11 00031- 05-00005
UPID
US59-1351212
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
-
Sight & Sound Technical Solutions LLC General Contractor
-
Pillar And Ground OF Truth Family Life Center Church Mosque
-
La Chase's Place Atm
-
Pillar & Ground of Truth FLC Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$531k
Blend (final)
Blend
$810k
Owner & transaction history
Pillar And Ground Of Truth Fam Life · 3 yrs held
Pillar And Ground Of Truth Fam Life
since 2023
5 recorded transactions
Zoning & alternative use
SA-1 · Maplewood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The SA-1 district is established to provide standards and guidelines to implement the goals of the redevelopment plan
Zone name
Redevelopment Area 1
General category
UNKNOWN
Zone area
2.71 ac
Source
Realmo
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 Maplewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maplewood 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
by Request
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,065,000
7%
$990,000
Blend value · Realmo final
$810k
Range $729k – $891k · ±10%
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
$161 / 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
$25,205
Tax year 2022
Assessed value
$687,900
Assessed 2023
Previous assessed
$687,900
+0.0% YoY
Effective rate
3.66%
On assessed value
Assessed land
$243,000
Assessed improvement
$444,900
Land market value
$243,000
Improvement market value
$444,900
Total market value
$687,900
Applied tax rate
11.0000
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
1947
Heating
NONE
Units
1
Total area
5,024 SF
Lot
0.19 ac (8,102 SF)
Zoning code
SA-1
APN
11 00031- 05-00005
UPID
US59-1351212
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
SA-1 · Maplewood, NJZoning SA-1 · permitted uses
SA-1 · Maplewood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The SA-1 district is established to provide standards and guidelines to implement the goals of the redevelopment plan
Zone name
Redevelopment Area 1
General category
UNKNOWN
Zone area
2.71 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Pillar And Ground Of Truth Fam Life
Individual
Mailing address
1603 SPRINGFIELD AVE #1605, MAPLEWOOD, NJ 07040-2431
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2023
—
Pillar And Ground Of Truth Fam Life
Oswald Francis Ministries Life Ctr
Deed
—
May 1, 2017
$582,000
Oswald Francis Ministries Life
Helbig,georgine M
Grant Deed
related
—
—
—
Georgine M Helbig
—
Deed Of Trust
related
$42,000 · Self Reliance Ukrainian FCU
—
—
Georgine M Helbig
—
Deed Of Trust
related
$200,000 · Self Reliance Ukrainian Americ
—
—
Georgine M Helbig
—
Deed Of Trust
related
$270,000 · Self Reliance Ukrainian Americ
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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