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Property profile & analytics
OFF-MARKET
Commercial real estate
27 State Rte 94 Lafayette, NJ 07848-4609
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US59-1085826
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Construction
FRAME
Total area
2,226 SF
Lot
2.43 ac (105,677 SF)
Zoning code
HCMF
APN
10 03602-0000-00010
UPID
US59-1085826
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Slate Hill LLC · 6 yrs held
Slate Hill LLC
since 2020
Last sale
$365,500
5 recorded transactions
Zoning & alternative use
HCMF · Lafayette, 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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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
$11,210
Tax year 2022
Assessed value
$363,500
Assessed 2023
Previous assessed
$363,500
+0.0% YoY
Effective rate
3.08%
On assessed value
Assessed land
$222,900
Assessed improvement
$140,600
Land market value
$222,900
Improvement market value
$140,600
Total market value
$363,500
Applied tax rate
10.0000
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
Off-Market
Year built
1990
Construction
FRAME
Heating
NONE
Stories
1
Total area
2,226 SF
Lot
2.43 ac (105,677 SF)
Zoning code
HCMF
APN
10 03602-0000-00010
UPID
US59-1085826
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
HCMF · Lafayette, NJ
Zoning HCMF · permitted uses
HCMF · Lafayette, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
NONE
Stories
1
Lot
2.43 ac
Current owner
From public records · entity-resolved
Slate Hill LLC
Entity
Mailing address
27 STATE RTE 94, LAFAYETTE, NJ 07848-4609
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2020
$365,500
Slate Hill LLC
Edward G Polowy
Grant Deed
—
Mar 21, 2014
—
Polowy Stone Mason Edward
Polowy Partnership
Quit Claim Deed
related
—
Dec 1, 2009
—
Ptshp Polowy
—
Trustees Deed
related
$100,000 · First Hope Bank
—
—
Polowy Partnership
—
Deed Of Trust
related
$296,000 · First Hope Bank
—
—
Ptshp Polowy
—
Deed Of Trust
related
$125,000 · First Hope 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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