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Property profile & analytics
OFF-MARKET
Office buildings
450 Tilton Rd, Northfield, NJ 08225-1256
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US59-0097401
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
2.53 ac (110,111 SF)
Zoning code
R-C
APN
18 00016- 01-00049
UPID
US59-0097401
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
-
Lentz Frank J Law Firm
-
Burnham Douglass Attorneys At Law Law Firm
-
Bellucci Law Law Firm
-
Biel & Stiles, P.A. Law Firm
-
Castellani Law Firm Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
450 Tilton Road Northfield LLC · 19 yrs held
450 Tilton Road Northfield LLC
since 2006
7 recorded transactions
Zoning & alternative use
R-C · Northfield, 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 Northfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northfield 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$83,808
Tax year 2022
Assessed value
$2,000,000
Assessed 2023
Previous assessed
$2,000,000
+0.0% YoY
Effective rate
4.19%
On assessed value
Assessed land
$865,000
Assessed improvement
$1,135,000
Land market value
$865,000
Improvement market value
$1,135,000
Total market value
$2,000,000
Applied tax rate
18.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Stories
2
Units
1
Lot
2.53 ac (110,111 SF)
Zoning code
R-C
APN
18 00016- 01-00049
UPID
US59-0097401
Jurisdiction
ATLANTIC
Zoning & alternative use
R-C · Northfield, NJ
Zoning R-C · permitted uses
R-C · Northfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
2
Units
1
Lot
2.53 ac
Current owner
From public records · entity-resolved
450 Tilton Road Northfield LLC
Entity
Mailing address
PO BOX 229, NORTHFIELD, NJ 08225-0229
Ownership since
2006
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
Apr 17, 2024
—
450 Tilton Road Northfield LLC
—
Deed
related
$350,000 · Fulton Bank NA
Jun 3, 2021
—
450 Tilton Road Northfield LLC
—
Deed
related
$2,700,000 · Fulton Bank NA
Jan 17, 2018
—
450 Tilton Rd Northfield LLC
—
Deed
related
$80,000 · M & T Bank
Dec 12, 2016
—
Tilton Rpad Northfield LLC
—
Deed
related
$2,650,000 · M & T Bank
Dec 29, 2006
$3,820,000
450 Tilton Road Northfield LLC
Sjs-450 Tilton Road
Grant Deed
related
$3,472,000 · Sun National Bank
Jun 7, 1999
—
Tilton Road LP
—
Deed Of Trust
related
$1,900,000 · Artesia Mortgage Capital Corp
Apr 14, 1998
$2,200,000
Tilton Rd Limeted Partners 450
Bonetti,clark P
Grant Deed
—
—
—
450 Tilton Road Northfield LLC
—
Deed Of Trust
related
$304,000 · Sun National 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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