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Property profile & analytics
FOR LEASE
Industrial properties
34 Maple Ave, Pinebrook, NJ 07058
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US59-0190481
For Lease
1 / 2
$10,415,000
34 Maple Ave, Pinebrook, NJ 07058
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1973
Construction
CONCRETE
Total area
124,236 SF
Lot
10.42 ac (453,721 SF)
Zoning code
I1A
APN
21 00167-0000-00013
UPID
US59-0190481
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
-
Candela Jewelry (Bike/Boat/Book/etc) Store
-
Pasonica Research Institute
-
Core Technology Solutions Corporate Office Business Park
-
iStar dba Stanley Creations, Roman Sunstone Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.42M
Owner & transaction history
Istar Realty LLC · 8 yrs held
Istar Realty LLC
since 2017
7 recorded transactions
Zoning & alternative use
I1A · Pine Brook, 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 Pinebrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinebrook 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
$84 / 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
$183,706
Tax year 2022
Assessed value
$7,176,000
Assessed 2023
Previous assessed
$7,176,000
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$2,083,200
Assessed improvement
$5,092,800
Land market value
$2,083,200
Improvement market value
$5,092,800
Total market value
$7,176,000
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
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
For Lease
Year built
1973
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
124,236 SF
Lot
10.42 ac (453,721 SF)
Zoning code
I1A
APN
21 00167-0000-00013
UPID
US59-0190481
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
I1A · Pine Brook, NJ
Zoning I1A · permitted uses
I1A · Pine Brook, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pine Brook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
10.42 ac
Current owner
From public records · entity-resolved
Istar Realty LLC
Entity
Mailing address
PO BOX 39, LIVINGSTON, NJ 07039-0039
Ownership since
2017
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
Aug 17, 2018
—
Istar Realty LLC
—
Deed
related
$9,354,000 · Provident Bk
Aug 4, 2017
$6,350,000
Istar Realty LLC
34 Maple Avenue LLC
Grant Deed
$8,354,000 · Provident Bk
Oct 19, 2016
—
34 Maple Avenue LLC
—
Deed
related
$1,875,000 · Malvern Fsb
Sep 12, 2016
$2,500,000
34 Maple Ave II LLC
Csfb 1999-c1 Maple Avenue Offi
Grant Deed
—
Oct 6, 2015
—
Csfb One Thousand Nine Hundred
Sheriff Of Morris County
Trustees Deed
related
—
—
—
34 Maple Avenue LLC
—
Deed Of Trust
related
$1,875,000 · Malvern Fsb
—
—
Istar Realty LLC
—
Loan Modification
related
$9,354,000 · Provident 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.
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?”
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