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Property profile & analytics
OFF-MARKET
Estimated value
$13,235,000
Commercial real estate
67 Walnut Ave Clark, NJ 07066-1640
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US59-1527449
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1974
Lot
2.94 ac (127,936 SF)
Zoning code
COH
APN
02 00155-0000-00008
UPID
US59-1527449
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
-
Craig R. Maschal, Esq. Law Firm
-
Marianne Zembryski, LLC Law Firm
-
Shail Patel, DPM, FACFAS Physician
-
Kelner Periodontics Dental Office
-
Dr. Kelner Richard M DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.24M
Owner & transaction history
Clark Equities LLC · 6 yrs held
Clark Equities LLC
since 2020
Last sale
$13.1M
7 recorded transactions
Zoning & alternative use
COH · Clark, 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 Clark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clark 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
by Request
ML approach
$13,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.24M
Range $11.91M – $14.56M · ±10% · vs last sale $13.08M (Jan 6 2020)
Last sale anchor
$13.08M
Jan 6 2020
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
$210,408
Tax year 2022
Assessed value
$9,934,300
Assessed 2023
Previous assessed
$9,688,700
+2.5% YoY
Effective rate
2.12%
On assessed value
Assessed land
$2,202,800
Assessed improvement
$7,731,500
Land market value
$2,202,800
Improvement market value
$7,731,500
Total market value
$9,934,300
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1974
Heating
NONE
Stories
4
Lot
2.94 ac (127,936 SF)
Zoning code
COH
APN
02 00155-0000-00008
UPID
US59-1527449
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
COH · Clark, NJ
Zoning COH · permitted uses
COH · Clark, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clark. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Stories
4
Lot
2.94 ac
Current owner
From public records · entity-resolved
Clark Equities LLC
Entity
Mailing address
PO BOX 190796, BROOKLYN, NY 11219-0796
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
$13,075
Clark Equities LLC
182 South St Morristown LLC
Grant Deed
—
Nov 9, 2018
$10,525,000
182 South St Morristown LLC
67 Walnut Avenue LLC
Deed
—
Jun 1, 2015
$5,490,000
67 Walnut Avenue LLC
General Elec Cr Equities
Grant Deed
$2,900,000 · Bukiet Building & Management C
Jul 9, 2014
$4,306,487
Elec Cr Equities
Clark/67 Associates LP
Grant Deed
—
May 20, 2008
—
Clark/67 Associates
—
Deed Of Trust
related
$105,000,000 · General Electric Capital Corp
Jan 17, 2008
—
Clark/67 Associates
—
Deed Of Trust
related
$105,000,000 · General Electric Capital Corp
—
—
67 Walnut Avenue LLC
—
Deed Of Trust
related
$4,500,000 · Provident 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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