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Property profile & analytics
OFF-MARKET
Industrial properties
33 Demarest Rd Sparta, NJ 07871-3441
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US59-2162645
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1962
Total area
688 SF
Lot
32.04 ac (1,395,662 SF)
Zoning code
ED
APN
18 12008-0000-00023
UPID
US59-2162645
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
-
Sparta Redi-Mix Building Supply
-
Sparta Ready-Mix Building Supply
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
Diamond Chip Realty LLC · 19 yrs held
Diamond Chip Realty LLC
since 2007
7 recorded transactions
Zoning & alternative use
ED · Sparta, 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 Sparta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sparta 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
$40,252
Tax year 2022
Assessed value
$1,183,200
Assessed 2023
Previous assessed
$1,183,200
+0.0% YoY
Effective rate
3.40%
On assessed value
Assessed land
$801,000
Assessed improvement
$382,200
Land market value
$801,000
Improvement market value
$382,200
Total market value
$1,183,200
Applied tax rate
18.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1962
Heating
NONE
Stories
8
Total area
688 SF
Lot
32.04 ac (1,395,662 SF)
Zoning code
ED
APN
18 12008-0000-00023
UPID
US59-2162645
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
ED · Sparta, NJZoning ED · permitted uses
ED · Sparta, 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
1962
Heating
NONE
Stories
8
Lot
32.04 ac
Current owner
From public records · entity-resolved
Diamond Chip Realty LLC
Entity
Mailing address
PO BOX 252, SUCCASUNNA, NJ 07876-0252
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2024
—
Diamond Chip Realty LLC
—
Deed
related
$2,028,452 · Provident Bank
Oct 1, 2018
—
Diamond Chip Realty LLC
—
Deed
related
$250,000 · Highlands St Bk
Feb 6, 2007
$1,750,000
Diamond Chip Realty LLC
Sparta Sand & Gravel Co INC
Grant Deed
$1,400,000 · Skylands Community Bank
—
—
Diamond Chip Realty LLC
—
Deed Of Trust
related
$3,210,000 · Highlands St Bk
—
—
Diamond Chip Realty LLC
—
Deed Of Trust
related
$100,000 · Highlands St Bk
—
—
Diamond Chip Realty LLC
—
Deed Of Trust
related
$200,000 · Highlands St Bk
—
—
Diamond Chip Realty LLC
—
Deed Of Trust
related
$1,400,000 · Fulton Bank
—
—
Diamond Chip Realty LLC
—
Deed Of Trust
related
$250,000 · Highlands St Bk
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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