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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Commercial real estate
199 Main St Hackettstown, NJ 07840-2035
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-0929494
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
BRICK
Total area
17,008 SF
Lot
0.48 ac (20,698 SF)
Zoning code
TCC
APN
08 00071-0000-00017
UPID
US59-0929494
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
-
Achieve 24 Fitness Gym & Fitness Center
-
Real-Time Fitness Gym & Fitness Center
-
Deluxe Barbershop Barber Shop
-
Ms. Amy Flannery Physician
-
Sweet Bite Delights Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.08M
Owner & transaction history
Ctw LLC · 3 yrs held
Ctw LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
TCC · Hackettstown, 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 Hackettstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hackettstown 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
$1,105,000
ML approach
$1,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $1.05M (Mar 27 2023)
Last sale anchor
$1.05M
Mar 27 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
$63 / 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
$36,857
Tax year 2022
Assessed value
$1,129,200
Assessed 2023
Previous assessed
$1,129,200
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$439,200
Assessed improvement
$690,000
Land market value
$439,200
Improvement market value
$690,000
Total market value
$1,129,200
Applied tax rate
8.0000
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
BRICK
Heating
NONE
Stories
2
Total area
17,008 SF
Lot
0.48 ac (20,698 SF)
Zoning code
TCC
APN
08 00071-0000-00017
UPID
US59-0929494
Jurisdiction
WARREN
Zoning & alternative use
TCC · Hackettstown, NJ
Zoning TCC · permitted uses
TCC · Hackettstown, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hackettstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Ctw LLC
Entity
Mailing address
699 WASHINGTON ST STE B, HACKETTSTOWN, NJ 07840-2260
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Ctw LLC
—
Deed
related
$1,010,000 · Provident Bank
Mar 27, 2023
—
Ctw LLC
Ctw LLC
Deed
related
—
Sep 1, 2022
—
Ctw LLC
—
Deed
related
$250,000 · Lakeland Bank
Feb 2, 2018
$1,050,000
Ctw LLC
JR Pyatak Commercial Prop LLC
Grant Deed
$787,500 · Highlands St Bk
Jan 24, 2008
—
JR Pyatak Commercial Props LLC
Pyatak,john & Joanne
Quit Claim Deed
—
Jul 9, 2003
$180,000
Paulo Rodrigues
Wollman,james L & Donna M
Grant Deed
$144,000 · Sib Mortgage Corp
—
—
John R Pyatak
—
Deed Of Trust
related
$250,000 · Lakeland 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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