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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Commercial real estate
314 Bloomfield Ave Verona, NJ 07044-2427
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0472349
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
4,952 SF
Lot
0.09 ac (4,051 SF)
APN
20 00704-0000-00017
UPID
US59-0472349
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
$965k
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$925k
Owner & transaction history
Ncp Capital Investments LLC · 4 yrs held
Ncp Capital Investments LLC
since 2021
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
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 Verona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Verona 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
$945,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$1,140,000
6.5%
$1,050,000
7%
$975,000
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $750k (Aug 11 2021)
Last sale anchor
$750k
Aug 11 2021
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
$187 / 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
$18,084
Tax year 2022
Assessed value
$604,200
Assessed 2023
Previous assessed
$604,200
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$232,000
Assessed improvement
$372,200
Land market value
$232,000
Improvement market value
$372,200
Total market value
$604,200
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1950
Heating
NONE
Stories
1
Units
1
Total area
4,952 SF
Lot
0.09 ac (4,051 SF)
APN
20 00704-0000-00017
UPID
US59-0472349
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
1950
Heating
NONE
Stories
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Ncp Capital Investments LLC
Entity
Mailing address
318 BLOOMFIELD AVE, VERONA, NJ 07044-2427
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jan 9, 2024
—
Rhea Holdings LLC
—
Deed
related
$935,000 · Columbia Bank
Aug 11, 2021
$750,000
Ncp Capital Investments LLC
Disha And Jaymin LLC
Deed
$757,000 · Kearny Bank
Feb 3, 2020
—
Disha & Jaymin LLC
—
Deed
related
$221,840 · Naresh Patel
Jan 5, 2015
—
Disha & Jaymin LLC
Patel,jagdish
Quit Claim Deed
related
—
Nov 29, 2006
—
Disha & Jaymin LLC
Patel,jagdish H
Quit Claim Deed
related
—
—
—
Disha & Jaymin LLC
—
Deed Of Trust
related
$221,840 · Naresh Patel
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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