Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,730,000
Commercial real estate
317 Mt Hope Ave 80 Dover, NJ 07801-1806
Entity Owned
1-yr Hold
Free & Clear
Property ID
US59-0741124
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
TYPE NOT SPECIFIED
Total area
150,238 SF
Lot
9.32 ac (405,979 SF)
Zoning code
R-B
APN
35 11001-0000-00004
UPID
US59-0741124
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
$8.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.73M
Owner & transaction history
Dicks Sporting Goods INC · 1 yrs held
Dicks Sporting Goods INC
since 2025
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
R-B · Dover, 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 Dover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dover 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
$8,565,000
ML approach
$8,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.73M
Range $7.86M – $9.60M · ±10% · vs last sale $9.00M (Jun 6 2025)
Last sale anchor
$9.00M
Jun 6 2025
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
$58 / 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
$416,466
Tax year 2022
Assessed value
$15,300,000
Assessed 2023
Previous assessed
$15,300,000
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$4,753,200
Assessed improvement
$10,546,800
Land market value
$4,753,200
Improvement market value
$10,546,800
Total market value
$15,300,000
Applied tax rate
35.0000
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
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Units
1
Total area
150,238 SF
Lot
9.32 ac (405,979 SF)
Zoning code
R-B
APN
35 11001-0000-00004
UPID
US59-0741124
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-B · Dover, NJ
Zoning R-B · permitted uses
R-B · Dover, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Units
1
Lot
9.32 ac
Current owner
From public records · entity-resolved
Dicks Sporting Goods INC
Entity
Free & Clear · 1 yrs held
Mailing address
5065 MAIN ST, TRUMBULL, CT 06611-4204
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2025
$9,000,000
Dicks Sporting Goods INC
Lt Rockaway Town LLC
Deed
—
Aug 10, 2015
—
President Of Real Estate And Lt Roc
Lt Propco LLC
Limited Warranty Deed
—
Jul 8, 2015
—
Lt Propco LLC
Macys Retail Hldgs INC
Grant Deed
related
—
Oct 19, 2006
$9,963,205
Equity Partners Fund Ll III
Federated Retail Holdings INC
Quit Claim Deed
—
—
—
Lt Propco LLC
—
Deed Of Trust
related
$600,000 · General Electric Capital Corp
—
—
Lt Propco LLC
—
Deed Of Trust
related
$782,000 · Us Bank NA
—
—
Lt Propco LLC
—
Deed Of Trust
related
$782,000 · Us Bank NA
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 317 Mt Hope Ave, Unit 80?
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.
