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Property profile & analytics
OFF-MARKET
Commercial real estate
605 Sherwood Pkwy Mountainside, NJ 07092-2518
Individually Owned
26-yr Hold
Free & Clear
Property ID
US59-1806732
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
FRAME
Total area
2,284 SF
Lot
0.21 ac (9,300 SF)
Zoning code
R-2
APN
10 00020-0000-00001
UPID
US59-1806732
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
-
Theodore S. Biniaris, DC Alternative Medicine Practice
-
Sherwood Chiropractic Alternative Medicine Practice
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
THEODORE BINIARIS
THEODORE BINIARIS
Zoning & alternative use
R-2 · Mountainside, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
um Lot Area 20,000 Square Feet Minimum Lot Width 110 ft. Front Yard Setback 30 Ft. Rear Yard Setback 30 Ft. Side Yard Setback 10% of lot width or 10 ft. min Maximum Ground Projections 3.75% of lot Residential 2 Zoning / R-2 Calculation Sheet Minimum Lot Area 15,000 Square Feet Minimum Lot Width 100 Ft. Front Yard Setback 30 Ft. Rear Yard Setback 30 Ft. Side…
Zone name
One Family Residence
General category
RESIDENTIAL
Zone area
1,329.91 ac
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 Mountainside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountainside 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
$12,282
Tax year 2022
Assessed value
$615,000
Assessed 2023
Previous assessed
$615,000
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$213,800
Assessed improvement
$401,200
Land market value
$213,800
Improvement market value
$401,200
Total market value
$615,000
Applied tax rate
10.0000
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
1950
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Total area
2,284 SF
Lot
0.21 ac (9,300 SF)
Zoning code
R-2
APN
10 00020-0000-00001
UPID
US59-1806732
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-2 · Mountainside, NJZoning R-2 · permitted uses
R-2 · Mountainside, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
um Lot Area 20,000 Square Feet Minimum Lot Width 110 ft. Front Yard Setback 30 Ft. Rear Yard Setback 30 Ft. Side Yard Setback 10% of lot width or 10 ft. min Maximum Ground Projections 3.75% of lot Residential 2 Zoning / R-2 Calculation Sheet Minimum Lot Area 15,000 Square Feet Minimum Lot Width 100 Ft. Front Yard Setback 30 Ft. Rear Yard Setback 30 Ft. Side Yard Setback 10% of lot width or 10 ft. min Maximum Building Height 35 Ft. Maximum
Zone name
One Family Residence
General category
RESIDENTIAL
Zone area
1,329.91 ac
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
THEODORE BINIARIS
Individual
Free & Clear · 0 yrs held
Mailing address
605 SHERWOOD PKWY, MOUNTAINSIDE, NJ 07092-2518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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