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Property profile & analytics
OFF-MARKET
Estimated value
$5,800,000
Commercial real estate
40 Lakeside Blvd Hopatcong, NJ 07843-1310
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0635743
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1962
Construction
FRAME
Lot
2.8 ac (121,968 SF)
APN
12 10701-0000-00002
UPID
US59-0635743
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
-
QuickChek Grocery & Convenience Store
-
PNC ATM Atm
-
PNC Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.80M
Owner & transaction history
Mdc Coast 23 LLC · 4 yrs held
Mdc Coast 23 LLC
since 2021
Last sale
$7.2M
7 recorded transactions
Zoning & alternative use
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 Hopatcong submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hopatcong 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
$4,015,000
ML approach
$4,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.80M
Range $5.22M – $6.38M · ±10% · vs last sale $7.20M (Aug 17 2021)
Last sale anchor
$7.20M
Aug 17 2021
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
—
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
$89,712
Tax year 2022
Assessed value
$2,615,500
Assessed 2023
Previous assessed
$2,615,500
+0.0% YoY
Effective rate
3.43%
On assessed value
Assessed land
$1,400,000
Assessed improvement
$1,215,500
Land market value
$1,400,000
Improvement market value
$1,215,500
Total market value
$2,615,500
Applied tax rate
12.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1962
Construction
FRAME
Heating
NONE
Stories
1
Lot
2.8 ac (121,968 SF)
APN
12 10701-0000-00002
UPID
US59-0635743
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
Construction
FRAME
Heating
NONE
Stories
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
Mdc Coast 23 LLC
Entity
Mailing address
3 OLD HWY 28, WHITEHOUSE STATION, NJ 08889-3608
Ownership since
2021
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, 2021
$7,197,000
Mdc Coast 23 LLC
Durling Realty LLC
Deed
—
Sep 26, 2005
—
Commerce Bank Of North
Durling Realty LLC
Grant Deed
related
—
May 19, 2005
$2,100,000
Durling Realty LLC
First Holdings LLC
Grant Deed
—
—
—
Durling Realty LLC
—
Deed Of Trust
related
$2,790,000 · Sun National Bank
—
—
Durling Realty LLC
—
Deed Of Trust
related
$3,120,000 · Sun National Bank
—
—
Durling Realty LLC
—
Deed Of Trust
related
$1,895,045 · Td Bk NA
—
—
Durling Realty LLC
—
Deed Of Trust
related
$3,120,000 · Commerce Bank North
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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