Financial
Distress signals
Property profile

35 Grn Pond Rd Rockaway, NJ 07866

OFF-MARKET
Commercial real estate
Property ID
US59-0363074
20,304 SF 1 ac lot
Last sale Mar 2024 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 12,600 square foot office building, situated on a one-acre lot at 35 Green Pond Road in Rockaway, NJ, presents a unique investment opportunity. Ideally located near Route 80 and just 15 minutes from Morristown Medical Center, this property boasts excellent accessibility and visibility. Currently configured as two medical office suites, the building is "turn-key" and ready for immediate occupancy. Each suite features a thoughtfully designed layout including a welcoming foyer,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$42k
Tax billed · 2022
Assessed value · 2023$1.66M
Assessed land$511k
Assessed improvement$1.14M
Effective rate2.53%

Value estimate

· Sep 2026
$2.10M
$1.89M – $2.31M
AI approach$2.10M
CAP approach$2.30M
Submarket $/SF estimate$2.44M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$110 – $309
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-P
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.7
Restaurant23.8
Dental Office19.3

Location

35 Grn Pond Rd Rockaway, NJ 07866-2052
County assessor Recorded deeds · 3 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
279 Us Hwy 46, Rockaway, NJ 07866-3851 $3,750,000 Oct 2024 39,124 SF
78 Cobb, Rockaway, NJ 07866 $220,000 Oct 2024 6,700 SF
11 Wall, Rockaway, NJ 07866-2903 $60,500 Jul 2024 5,758 SF
272 Us Hwy 46, Rockaway, NJ 07866-3826 $1,020,500 May 2024 8,883 SF
352 Main, Rockaway, NJ 07866-3605 $900,000 Jan 2024 8,726 SF
41 Grn Pond, Rockaway, NJ 07866-2013 $1,650,000 Nov 2023 9,211 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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