Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
29 Loomis Ave Sussex, NJ 07461-2213
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-0460898
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
1,664 SF
Lot
0.52 ac (22,499 SF)
Zoning code
C-3
APN
21 00101-0000-00013
UPID
US59-0460898
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
Loomis Real Estate Holdings LLC · 3 yrs held
Loomis Real Estate Holdings LLC
since 2022
Last sale
$165,000
7 recorded transactions
Zoning & alternative use
C-3 · Sussex, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
OPMENT AREA DISTRICT. § 19-10.1 Principal Buildings and Uses Permitted. § 19-10.2 Permitted Accessory Uses. § 19-10.3 Conditional Uses. § 19-10.4 Bulk Requirements. § 19-10.5 Off-Street Parking. § 19-10.6 Signs. § 19-11 C-3 GENERAL COMMERCIAL DISTRICT. § 19-11.1 Principal Permitted Uses. § 19-11.2 Permitted Accessory Uses. § 19-11.3 Conditional Uses. § 19-11…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
10.49 ac
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 Sussex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sussex 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
$7,315
Tax year 2022
Assessed value
$214,200
Assessed 2023
Previous assessed
$214,200
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$135,000
Assessed improvement
$79,200
Land market value
$135,000
Improvement market value
$79,200
Total market value
$214,200
Applied tax rate
21.0000
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
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
1,664 SF
Lot
0.52 ac (22,499 SF)
Zoning code
C-3
APN
21 00101-0000-00013
UPID
US59-0460898
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
C-3 · Sussex, NJZoning C-3 · permitted uses
C-3 · Sussex, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
OPMENT AREA DISTRICT. § 19-10.1 Principal Buildings and Uses Permitted. § 19-10.2 Permitted Accessory Uses. § 19-10.3 Conditional Uses. § 19-10.4 Bulk Requirements. § 19-10.5 Off-Street Parking. § 19-10.6 Signs. § 19-11 C-3 GENERAL COMMERCIAL DISTRICT. § 19-11.1 Principal Permitted Uses. § 19-11.2 Permitted Accessory Uses. § 19-11.3 Conditional Uses. § 19-11.4 Bulk Requirements. § 19-11.5 Off-Street Parking and Loading. § 19-11.6 Signs. §
Zone name
General Commercial
General category
COMMERCIAL
Zone area
10.49 ac
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Loomis Real Estate Holdings LLC
Entity
Mailing address
29 LOOMIS AVE, SUSSEX, NJ 07461-2213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Nov 14, 2022
—
Loomis Real Estate Holdings LLC
Loomis Real Estate Holdings LLC
Intrafamily Transfer
related
—
Nov 6, 2018
$299,000
Loomis R & E Hldgs LLC
29 Loomis LLC
Grant Deed
related
—
Mar 14, 2014
—
28 Loomis Avenue LLC
Airiport Auto Reality Co
Grant Deed
related
—
Mar 13, 2014
—
29 Loomis Avenue LLC
Airport Auto Realty Co
Grant Deed
related
—
Apr 12, 1999
$165,000
Airport Auto Realty Company
Crane,ethel
Grant Deed
$150,000 · Business Lenders LLC
—
—
Airport Auto Realty Co
—
Deed Of Trust
related
$175,000 · Sussex Bank
—
—
Airport Auto Realty Co
—
Deed Of Trust
related
$100,000 · Sussex 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.
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?”
You own 29 Loomis Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
