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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Industrial properties
344 Kaplan Dr, Fairfield, NJ 07004-2526
Entity Owned
2-yr Hold
Free & Clear
Property ID
US59-3118546
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
30,590 SF
Lot
2.35 ac (102,366 SF)
Zoning code
L-1
APN
07 02702-0000-00003
UPID
US59-3118546
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
-
SAB North America Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.95M
CAP Approach
CAP
$5.40M
Comparable Approach
Comparable
$2.47M
Blend (final)
Blend
$4.06M
Owner & transaction history
Sab Associated Wire Products LLC · 2 yrs held
Sab Associated Wire Products LLC
since 2023
Last sale
$3.4M
3 recorded transactions
Zoning & alternative use
L-1 · Fairfield, 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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$4,715,000
ML approach
$4,945,000
CAP Approach
CAP Return
Estimation
6%
$5,840,000
6.5%
$5,395,000
7%
$5,010,000
Blend value · Realmo final
$4.06M
Range $3.65M – $4.46M · ±10% · vs last sale $3.40M (Dec 28 2023)
Last sale anchor
$3.40M
Dec 28 2023
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
$133 / 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
$63,107
Tax year 2022
Assessed value
$3,150,600
Assessed 2023
Previous assessed
$3,150,600
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$555,900
Assessed improvement
$2,594,700
Land market value
$555,900
Improvement market value
$2,594,700
Total market value
$3,150,600
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
30,590 SF
Lot
2.35 ac (102,366 SF)
Zoning code
L-1
APN
07 02702-0000-00003
UPID
US59-3118546
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
L-1 · Fairfield, NJ
Zoning L-1 · permitted uses
L-1 · Fairfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
2.35 ac
Current owner
From public records · entity-resolved
Sab Associated Wire Products LLC
Entity
Free & Clear · 2 yrs held
Mailing address
344 KAPLAN DR, FAIRFIELD, NJ 07004-2526
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
$3,400,000
Sab Associated Wire Products LLC
Sab Kaplan Associates LLC
Deed
—
Aug 6, 2010
$1,950,000
Sab-kaplan Associates LLC
344 Kaplan Associates LLC
Grant Deed
—
May 25, 2004
$2,506,177
344 Kaplan Associates LLC
Eak Management LLC
Grant Deed
$2,506,177 · Eak Management LLC
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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