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Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Parking lots & garages
1722 Springfield Ave Maplewood, NJ 07040
Entity Owned
~
Est. High Equity
Property ID
US59-0641247
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.08 ac (3,698 SF)
APN
11 00030- 04-00140
UPID
US59-0641247
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
-
One-caps KFDL Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.77M
Owner & transaction history
Sana 1722 Springfield Ave LLC
Sana 1722 Springfield Ave LLC
since 2026
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
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 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
$2,080,000
ML approach
$1,990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±10% · vs last sale $1.50M (Mar 13 2023)
Last sale anchor
$1.50M
Mar 13 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
—
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
$4,122
Tax year 2022
Assessed value
$109,300
Assessed 2023
Previous assessed
$112,500
-2.8% YoY
Effective rate
3.77%
On assessed value
Assessed land
$104,300
Assessed improvement
$5,000
Land market value
$104,300
Improvement market value
$5,000
Total market value
$109,300
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Units
1
Lot
0.08 ac (3,698 SF)
APN
11 00030- 04-00140
UPID
US59-0641247
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Sana 1722 Springfield Ave LLC
Entity
Mailing address
215 E 58TH ST FL 3A, NEW YORK, NY 10022-1214
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2026
$12,750,000
Sana 1722 Springfield Ave LLC
1722 Springfiled Ave LLC
Deed
related
—
Jan 15, 2026
$12,750,000
Sana 1722 Springfield Ave LLC
1722 Springfield Ave LLC
Deed
$8,300,000 · Five Star Bank
Mar 13, 2023
—
1722 Springfield Ave LLC
1734 Springfield Ave LLC
Intrafamily Transfer
related
$9,300,000 · Peoples Security Bank & Trust Compa
Apr 26, 2018
$1,500,000
1722 Springfield Ave LLC
Tycoon Realty LLC
Grant Deed
—
Aug 2, 2012
$712,500
Tycoon Realty LLC
Ramrah LLC
Grant Deed
—
Feb 6, 2009
—
Ramrah LLC
Friedman,mary
Grant Deed
—
—
—
Tycoon Realty LLC
—
Deed Of Trust
related
$405,000 · Oritani 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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