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Property profile & analytics
FOR LEASE
Commercial real estate
177 Columbia Tpke, Florham Park, NJ 07932
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US59-0279646
For Lease
1 / 2
Contact for pricing
177 Columbia Tpke, Florham Park, NJ 07932
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1954
Construction
CONCRETE BLOCKS
Lot
1.79 ac (78,060 SF)
Zoning code
B-1
APN
11 01901-0000-00010
UPID
US59-0279646
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
-
Moe's Southwest Grill Take-out & Catering Catering Service
-
Jersey School of Archery Gym & Fitness Center
-
Three Birds Yoga Studio Gym & Fitness Center
-
Sneaker Factory Running Centers Florham Park Clothing & Fashion Store
-
Natale's Deli & Catering Food Market Restaurant
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
Florham Park Properties LLC · 18 yrs held
Florham Park Properties LLC
since 2007
7 recorded transactions
Zoning & alternative use
B-1 · Florham Park, 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 Florham Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florham Park 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
$82,683
Tax year 2022
Assessed value
$5,129,200
Assessed 2023
Previous assessed
$5,129,200
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$948,000
Assessed improvement
$4,181,200
Land market value
$948,000
Improvement market value
$4,181,200
Total market value
$5,129,200
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
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
For Lease
Year built
1954
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
1.79 ac (78,060 SF)
Zoning code
B-1
APN
11 01901-0000-00010
UPID
US59-0279646
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Florham Park, NJ
Zoning B-1 · permitted uses
B-1 · Florham Park, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florham Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
1.79 ac
Current owner
From public records · entity-resolved
Florham Park Properties LLC
Entity
Mailing address
PO BOX 297, SPRINGFIELD, NJ 07081-0297
Ownership since
2007
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 22, 2013
—
Florham Park Properties LLC
—
Trustees Deed
related
$4,000,000 · Sussex Bank
Dec 16, 2009
—
Florham Park Properties LLC
—
Trustees Deed
related
$2,830,954 · Sussex Bank
Jul 31, 2007
—
Florham Park Properties LLC
Florham Park Properties LLC
Quit Claim Deed
related
—
—
—
Florham Park Properties LLC
—
Deed Of Trust
related
$261,487 · Sussex Bank
—
—
Florham Park Properties LLC
—
Deed Of Trust
related
$5,600,000 · Sussex Bank
—
—
Florham Park Properties LLC
—
Deed Of Trust
related
$2,830,954 · Sussex Bank
—
—
Florham Park Properties LLC
—
Deed Of Trust
related
$46,126 · Sussex 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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