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Property profile & analytics
OFF-MARKET
Commercial real estate
637 Lafayette Rd Lafayette, NJ 07848-2227
Individually Owned
9-yr Hold
Free & Clear
Property ID
US59-3047195
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1956
Total area
1,648 SF
Lot
2.75 ac (119,790 SF)
Zoning code
RR
APN
18 13002-0000-00004
UPID
US59-3047195
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
-
Jim's Automotive & Classic Cars Auto Repair Shop
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
James Malaro SR · 9 yrs held
James Malaro SR
since 2016
7 recorded transactions
Zoning & alternative use
RR · Lafayette, 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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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
$11,994
Tax year 2022
Assessed value
$359,900
Assessed 2023
Previous assessed
$359,900
+0.0% YoY
Effective rate
3.33%
On assessed value
Assessed land
$158,800
Assessed improvement
$201,100
Land market value
$158,800
Improvement market value
$201,100
Total market value
$359,900
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
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
1956
Heating
NONE
Stories
1
Total area
1,648 SF
Lot
2.75 ac (119,790 SF)
Zoning code
RR
APN
18 13002-0000-00004
UPID
US59-3047195
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
RR · Lafayette, NJ
Zoning RR · permitted uses
RR · Lafayette, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Stories
1
Lot
2.75 ac
Current owner
From public records · entity-resolved
James Malaro SR
Individual
Free & Clear · 9 yrs held
Mailing address
637 LAFAYETTE RD, LAFAYETTE, NJ 07848-2227
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2021
—
James V Malaro SR.
—
Deed
related
$400,000 · First Hope Bank
Jan 17, 2017
—
James Malaro SR
—
Deed
related
$367,500 · Highlands St Bk
Jul 26, 2016
—
James Malaro SR
Malaro,james SR
Quit Claim Deed
related
—
Feb 3, 2016
—
James Malaro SR
Malaro,james SR
Quit Claim Deed
related
—
Apr 10, 2012
$275,000
James Malaro SR.
Makris,anthony
Grant Deed
$235,000 · Anthony Makris
Jun 6, 2011
—
Anthony Makris
Makris,thomas
Quit Claim Deed
related
—
Sep 5, 2006
$430,000
Anthony Makris
Garcia,robert
Grant Deed
$344,000 · Lakeland Bank
Aug 5, 1998
$168,000
Robert Garcia
Kedala,samuel & Joanne
Grant Deed
$123,000 · Pmcc Mortgage Corp
—
—
James Malaro SR.
—
Deed Of Trust
related
$270,000 · Highlands St Bk
—
—
James Malaro SR
—
Deed Of Trust
related
$367,500 · Highlands St Bk
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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