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Property profile & analytics
OFF-MARKET
Estimated value
$3,445,000
Industrial properties
432 Sand Shr Rd Hackettstown, NJ 07840-5527
Individually Owned
28-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1668408
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
31,200 SF
Lot
3.36 ac (146,362 SF)
Zoning code
L-I
APN
27 08300-0000-00008
UPID
US59-1668408
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
-
Filtration Solutions Inc Engineering Consultant Industrial Equipment Supplier
-
Sun Source Energy Products Production Facility
-
Knox Security Services, Inc. Security Service
-
Window Group Inc Hardware & Home Improvement Interior Design
-
JDC Control Systems, Inc. Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$3.45M
Owner & transaction history
Sand Shore Industrial Complex · 28 yrs held
Sand Shore Industrial Complex
since 1998
5 recorded transactions
Zoning & alternative use
L-I · Hackettstown, 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 Hackettstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hackettstown 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,580,000
Current use
COMMERCIAL (GENERAL)
$4,720,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$3.45M
Range $3.10M – $3.79M · ±10%
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
$110 / 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
$66,295
Tax year 2022
Assessed value
$2,028,000
Assessed 2023
Previous assessed
$2,028,000
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$369,600
Assessed improvement
$1,658,400
Land market value
$369,600
Improvement market value
$1,658,400
Total market value
$2,028,000
Applied tax rate
27.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Total area
31,200 SF
Lot
3.36 ac (146,362 SF)
Zoning code
L-I
APN
27 08300-0000-00008
UPID
US59-1668408
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
L-I · Hackettstown, NJ
Zoning L-I · permitted uses
L-I · Hackettstown, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hackettstown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$4.7M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
3.36 ac
Current owner
From public records · entity-resolved
Sand Shore Industrial Complex
Individual
Mailing address
421 W MAIN ST, BOONTON, NJ 07005-1149
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2022
—
Sand Shore Industrial Complex LLC
—
Deed
related
$1,415,000 · Columbia Bank
Sep 9, 1999
—
Sand Shore Industrial Complex
—
Grant Deed
related
$970,000 · Individual
Apr 9, 1998
$81,000
Sand Shore Industrial Complex
Holt,f R
Grant Deed
$71,000 · Individual
—
—
Sand Shore Industrial Complex
—
Deed Of Trust
related
$1,525,000 · First Hope Bank
—
—
Sand Shore Industrial Complex
—
Deed Of Trust
related
$1,200,000 · West Essex Bank Fsb
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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