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Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Office buildings
51 Park St 57, Bloomfield, NJ 07003-2531
Individually Owned
4-yr Hold
Free & Clear
Property ID
US59-1319400
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Lot
0.36 ac (15,655 SF)
Zoning code
BCR2
APN
02 00253-0000-00033
UPID
US59-1319400
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.42M
Owner & transaction history
International Mgmt & Fin Consulting · 4 yrs held
International Mgmt & Fin Consulting
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
BCR2 · Bloomfield, 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 Bloomfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomfield 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
$2,765,000
ML approach
$2,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±10% · vs last sale $2.05M (Oct 21 2021)
Last sale anchor
$2.05M
Oct 21 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
$68,508
Tax year 2022
Assessed value
$2,020,300
Assessed 2023
Previous assessed
$2,020,300
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$456,700
Assessed improvement
$1,563,600
Land market value
$456,700
Improvement market value
$1,563,600
Total market value
$2,020,300
Applied tax rate
2.0000
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
Year built
1953
Heating
NONE
Units
1
Lot
0.36 ac (15,655 SF)
Zoning code
BCR2
APN
02 00253-0000-00033
UPID
US59-1319400
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
BCR2 · Bloomfield, NJ
Zoning BCR2 · permitted uses
BCR2 · Bloomfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bloomfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
International Mgmt & Fin Consulting
Individual
Free & Clear · 4 yrs held
Mailing address
41 WATCHUNG PLZ #204, MONTCLAIR, NJ 07042-4117
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2021
—
International Mgmt & Fin Consulting
Leonardo Da Vinci Intl Academy LLC
Intrafamily Transfer
related
—
Dec 27, 2018
$2,050,000
Leonardo Da Vinci Intl Academy
51 Pk Mgmt LLC
Grant Deed
—
Nov 1, 2016
—
51 Park Management LLC
—
Deed
related
$700,000 · Agatha Uberoi
Oct 12, 2016
$745,000
21 Park Management LLC
57 Park LLC
Grant Deed
—
Oct 12, 2016
—
51 Park Management LLC
—
Deed
related
—
Nov 5, 1999
$1
51 Park St Associates LLC
Mauriello,mark
Grant Deed
related
—
—
—
51 Park Management LLC
—
Deed Of Trust
related
$700,000 · Agatha Uberoi
—
—
51 Park Management LLC
—
Deed Of Trust
related
—
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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