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Property profile & analytics
OFF-MARKET
Commercial real estate
266 Main Ave Stirling, NJ 07980-1479
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-3082648
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2012
Construction
CONCRETE BLOCKS
Total area
3,340 SF
Lot
0.41 ac (17,903 SF)
Zoning code
B1-5
APN
30 11605-0000-00019
UPID
US59-3082648
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
-
The Dessert Ladies Bakery Specialty Food Shop
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
Michele Fazari · 7 yrs held
Michele Fazari
since 2019
4 recorded transactions
Zoning & alternative use
B1-5 · Stirling, 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 Stirling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stirling 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,386
Tax year 2023
Assessed value
$438,300
Assessed 2024
Previous assessed
$438,300
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$156,300
Assessed improvement
$282,000
Land market value
$156,300
Improvement market value
$282,000
Total market value
$438,300
Applied tax rate
30.0000
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
Year built
2012
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
3,340 SF
Lot
0.41 ac (17,903 SF)
Zoning code
B1-5
APN
30 11605-0000-00019
UPID
US59-3082648
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B1-5 · Stirling, NJZoning B1-5 · permitted uses
B1-5 · Stirling, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2012
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Michele Fazari
Individual
Free & Clear · 7 yrs held
Mailing address
88 PLEASANT PLNS RD, STIRLING, NJ 07980-1015
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2019
$422,000
Michele Fazari
Meliora Properties LLC
Grant Deed
—
Oct 20, 2009
—
Meliora Properties LLC
Fazari,giuseppe M
Grant Deed
related
—
Jul 31, 2009
—
Giuseppe Fazari
Fazari Antonietta
Quit Claim Deed
related
—
Jul 13, 2006
$435,000
Gluseppe Fazari
Estate Of Samuel Maglione
Grant Deed
—
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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