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    Property profile & analytics

    189 Breakneck Rd Highland Lakes, NJ 07422-1912

    • Commercial real estate
    • 1,638 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US59-1064039
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Finish Line Automotive LLC / Auto Repair Shop / Store
    • Delta / Gas Station

    Property Details for 189 Breakneck Rd

    Year built
    1975
    Lot size
    0.22 lot acres
    Property size
    1,638 SF
    Property type
    Commercial real estate
    APN
    22 00433-0000-00003
    APU
    2200433000000003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $320,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $305,000
      Mixed-Use
      $295,000
      Hospitality
      $260,000
      Educational
      $290,000
      Residential Income
      $270,000
      Energy
      $340,000
      Income-Based Land
      $305,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Highland Lakes
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.4567
    Latitude
    41.1823
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $11,253
    $127,300
    $327,900
    $455,200
    -
    $127,300
    $327,900
    $455,200

    Comparable in this City

    • Value Estimation
      $300,000
      3,671 SF

      105 Breakneck Rd

      COMMERCIAL (GENERAL) • 3,671 SF
      105 Breakneck Rd, Highland Lakes, NJ 07422
      View Details
    • Value Estimation
      $235,000
      1,428 SF

      187 Breakneck Rd

      COMMERCIAL (GENERAL) • 1,428 SF
      187 Breakneck Rd, Highland Lakes, NJ 07422-1912
      View Details
    • Value Estimation
      $295,000
      420 SF

      794 Canistear Rd

      COMMERCIAL (GENERAL) • 420 SF
      794 Canistear Rd, Highland Lakes, NJ 07422-2107
      View Details
    • Value Estimation
      $45,000
      936 SF

      14 Rdg Rd

      COMMERCIAL (GENERAL) • 936 SF
      14 Rdg Rd, Highland Lakes, NJ 07422
      View Details
    • Value Estimation
      $580,000
      9,852 SF

      111 Highland Lks Rd

      COMMERCIAL (GENERAL) • 9,852 SF
      111 Highland Lks Rd, Highland Lakes, NJ 07422-1865
      View Details
    • Value Estimation
      $250,000
      2,758 SF

      812 Canistear Rd

      COMMERCIAL (GENERAL) • 2,758 SF
      812 Canistear Rd, Highland Lakes, NJ 07422-1345
      View Details

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    189 Breakneck Rd
    Highland Lakes, NJ 07422-1912
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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