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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Commercial real estate
34 Ctr St Springfield, NJ 07081-1717
Entity Owned
~
Est. High Equity
Property ID
US59-0529930
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Construction
BRICK
Total area
6,752 SF
Lot
0.14 ac (6,260 SF)
Zoning code
ACOZ
APN
17 00706-0000-00020
UPID
US59-0529930
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
-
Front & Center-Performing Arts Training Center
-
Front & Center Performing Arts Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$409k
Blend (final)
Blend
$520k
Owner & transaction history
34 Center LLC
34 Center LLC
since 2025
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
ACOZ · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$605,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $500k (Sep 12 2022)
Last sale anchor
$500k
Sep 12 2022
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
$77 / 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
$22,474
Tax year 2022
Assessed value
$500,000
Assessed 2023
Previous assessed
$1,012,800
-50.6% YoY
Effective rate
4.49%
On assessed value
Assessed land
$300,000
Assessed improvement
$200,000
Land market value
$300,000
Improvement market value
$200,000
Total market value
$500,000
Applied tax rate
17.0000
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
Year built
1968
Construction
BRICK
Heating
NONE
Stories
1
Total area
6,752 SF
Lot
0.14 ac (6,260 SF)
Zoning code
ACOZ
APN
17 00706-0000-00020
UPID
US59-0529930
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
ACOZ · Springfield, NJ
Zoning ACOZ · permitted uses
ACOZ · Springfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
34 Center LLC
Entity
Mailing address
175 BRYANT AVE, SPRINGFIELD, NJ 07081-1616
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
$500,000
34 Center LLC
Yasu Associates LLC
Deed
related
$1,200,000 · Atlantic FCU
Sep 12, 2022
$500,000
34 Center LLC
Yasu Associates LLC
Deed
$472,500 · Bd Capital LLC
Jan 26, 2009
—
Yasu Associates LLC
Weinberg,sue S
Grant Deed
—
Jan 26, 2009
$100,000
Yasu Associates LLC
Busch Richard A
Grant Deed
—
Jan 7, 2009
—
Sue S Weinberg
Weinberg,irwin
Quit Claim Deed
related
—
Oct 16, 2008
—
Irwin Weinberg
Weinberg Irwin
Quit Claim Deed
related
—
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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