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Property profile & analytics
FOR SALE
Industrial properties
222 N New Rd Pleasantville, NJ 08225
Individually Owned
~
Est. High Equity
Property ID
US59-1414080
For Sale
1 / 20
$505,000
222 N New Rd, Pleasantville, NJ 08225
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Construction
CONCRETE BLOCKS
Total area
4,306 SF
Lot
0.33 ac (14,501 SF)
Zoning code
UEZC
APN
19 00374-0000-00014
UPID
US59-1414080
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$613k
Blend (final)
Blend
$505k
Owner & transaction history
Not Available From The Data Source
Not Available From The Data Source
since 2025
Last sale
$440,000
6 recorded transactions
Zoning & alternative use
UEZC · Pleasantville, 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 Pleasantville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasantville 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
$530,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$440,000
Current use
COMMERCIAL (GENERAL)
$390,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $440k (Jul 15 2022)
Last sale anchor
$440k
Jul 15 2022
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
$117 / 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
$15,245
Tax year 2022
Assessed value
$308,800
Assessed 2023
Previous assessed
$308,800
+0.0% YoY
Effective rate
4.94%
On assessed value
Assessed land
$66,000
Assessed improvement
$242,800
Land market value
$66,000
Improvement market value
$242,800
Total market value
$308,800
Applied tax rate
19.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
4,306 SF
Lot
0.33 ac (14,501 SF)
Zoning code
UEZC
APN
19 00374-0000-00014
UPID
US59-1414080
Jurisdiction
ATLANTIC
Zoning & alternative use
UEZC · Pleasantville, NJ
Zoning UEZC · permitted uses
UEZC · Pleasantville, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pleasantville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$390,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (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
Year built
1998
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Not Available From The Data Source
Individual
Mailing address
26 JAMES PL, GALLOWAY, NJ 08205-4483
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
$355,000
Not Available From The Data Source
Not Available From The Data Source
Deed
related
$284,000 · Td Bank NA
Jul 15, 2022
$440,000
Triple Duo Nj LLC
Sai Property Investment INC
Deed
—
Nov 2, 2020
—
Sai Property Inv INC
—
Deed
related
$2,507 · Darlington Investment LLC
Jan 23, 2014
—
Ussb Property LLC
Bhupendra Patel
Quit Claim Deed
related
$2,500,000 · Noah Bank
—
—
Bhupendra Patel
—
Deed Of Trust
related
$2,000,000 · Broadway Bank
—
—
Sai Property Inv INC
—
Deed Of Trust
related
$2,507 · Darlington Investment LLC
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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