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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Commercial real estate
174 Kinnelon Rd Kinnelon, NJ 07405-2336
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US59-1840301
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
FRAME
Total area
10,123 SF
Lot
1.14 ac (49,658 SF)
Zoning code
RC
APN
15 10902-0000-00101
UPID
US59-1840301
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
-
Cypress Tavern Restaurant
-
PCECA General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.24M
Owner & transaction history
Kinnelon Real Estate LLC · 12 yrs held
Kinnelon Real Estate LLC
since 2014
7 recorded transactions
Zoning & alternative use
RC · Kinnelon, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Restricted Commercial Zone is to provide standards for the orderly development of small-scale commercial land uses within the Borough where neighborhood commercial-oriented retail and service uses may be located, primarily serving residents of the Borough
Zone name
Restricted Commercial
General category
COMMERCIAL
Zone area
50.42 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 Kinnelon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kinnelon 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,240,000
6.5%
$1,145,000
7%
$1,060,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,810,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$122 / 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
$33,324
Tax year 2022
Assessed value
$1,213,100
Assessed 2023
Previous assessed
$1,213,100
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$302,100
Assessed improvement
$911,000
Land market value
$302,100
Improvement market value
$911,000
Total market value
$1,213,100
Applied tax rate
15.0000
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
Construction
FRAME
Heating
NONE
Stories
2
Total area
10,123 SF
Lot
1.14 ac (49,658 SF)
Zoning code
RC
APN
15 10902-0000-00101
UPID
US59-1840301
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
RC · Kinnelon, NJZoning RC · permitted uses
RC · Kinnelon, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Restricted Commercial Zone is to provide standards for the orderly development of small-scale commercial land uses within the Borough where neighborhood commercial-oriented retail and service uses may be located, primarily serving residents of the Borough
Zone name
Restricted Commercial
General category
COMMERCIAL
Zone area
50.42 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$1.8M
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
Construction
FRAME
Heating
NONE
Stories
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Kinnelon Real Estate LLC
Entity
Mailing address
174 KINNELON RD, KINNELON, NJ 07405-2336
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2017
—
Kinnelon Real Estate LLC
—
Deed
related
$150,000 · M&t Bk
Jul 9, 2014
$999,900
Kinnelon Real Estate LLC
Bask Real Estate Venture
Deed
$500,000 · M & T Bank
Jun 28, 2010
—
Professional Condo A Kinnelon
Bask Re Ventures LLC
Grant Deed
related
—
Jul 8, 1996
$450,000
Richard O'donnell
Bergen,patricia
Grant Deed
$340,000 · Omaha State Bank
—
—
Real Estate Venture Bask
—
Deed Of Trust
related
$250,000 · Great Falls Bank
—
—
Kinnelon Real Estate LLC
—
Deed Of Trust
related
$150,000 · M&t Bk
—
—
Real Estate Venture Bask
—
Deed Of Trust
related
$100,000 · Sally Sisco
—
—
Mark Piccolo
—
Deed Of Trust
related
$25,000 · Pnc Bank
—
—
Mark Piccolo
—
Deed Of Trust
related
$50,000 · 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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