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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Commercial real estate
44 Beverwyck Rd, Lake Hiawatha, NJ 07034-2606
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-3055810
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1952
Construction
TYPE NOT SPECIFIED
Total area
1,604 SF
Lot
0.09 ac (4,008 SF)
Zoning code
B-5
APN
29 00531-0000-00011
UPID
US59-3055810
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
-
Jeremiahs Catering & Cooking Studio Take-out & Catering Catering Service
-
La plancha latín food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
F C Real Estate Group LLC · 2 yrs held
F C Real Estate Group LLC
since 2023
Last sale
$620,000
7 recorded transactions
Zoning & alternative use
B-5 · Lake Hiawatha, 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 Lake Hiawatha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Hiawatha 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
$710,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $620k (Jul 12 2023)
Last sale anchor
$620k
Jul 12 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
$415 / 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
$6,016
Tax year 2022
Assessed value
$182,300
Assessed 2023
Previous assessed
$182,300
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$110,000
Assessed improvement
$72,300
Land market value
$110,000
Improvement market value
$72,300
Total market value
$182,300
Applied tax rate
29.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1952
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
1,604 SF
Lot
0.09 ac (4,008 SF)
Zoning code
B-5
APN
29 00531-0000-00011
UPID
US59-3055810
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B-5 · Lake Hiawatha, NJ
Zoning B-5 · permitted uses
B-5 · Lake Hiawatha, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Hiawatha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
F C Real Estate Group LLC
Entity
Mailing address
4 ROCHON CT, MONTVILLE, NJ 07045-9344
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2023
$620,000
F C Real Estate Group LLC
44 N Beverwyck Road LLC
Bargain And Sale Deed
—
Sep 6, 2019
—
44 N Beverwyck Road LLC
44 N Beverwyck Road LLC
Quit Claim Deed
related
$392,000 · Cherrywood Mtg LLC
Oct 17, 2005
$425,000
44 N Beverwyck Rd LLC
Daniel Scully
Deed
—
Apr 2, 1996
$179,000
Jeffrey Falduto
Falduto,james
Grant Deed
related
$150,000 · Collective Bank
—
—
44 N Beverwych Rd LLC
—
Deed Of Trust
related
$40,000 · Interchange Bank
—
—
Jeffrey M Falduto
—
Deed Of Trust
related
$150,000 · Penn Fsb
—
—
Daniel P Scully
—
Deed Of Trust
related
$245,000 · First Hope Bank
—
—
Daniel P Scully
—
Deed Of Trust
related
$100,000 · First Hope Bank
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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