Entity Owned Property summary
AI-generated overview
This property at 701 Ford Road in Rockaway, New Jersey provides renovated office space totaling 8,712 square feet, configured as office units intended for office use. The site is positioned with convenient access to major roadways, including Interstate 80 approximately 0.3 miles away and Route 46 approximately 2.0 miles away (via Route 46 + 237).
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
88,180 SF
Lot
13.51 ac (588,670 SF)
Zoning code
I
APN
35 22103-0000-00001
UPID
US59-0352342
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Repair Shop Auto Parts Store
-
Business Management Consultant
-
Consultant
-
Electronics & Wireless Store Computer & Electronic Repair
-
Construction Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.94M
Owner & transaction history
since 2017
6 recorded transactions
Zoning & alternative use
I · Rockaway, NJ
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$8.94M
Value range
$8.05M – $9.83M
±10% around blend
Estimated value / SF
$101 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
30
$8.05M
blend $8.94M
$9.83M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
88,180 SF
Lot area
13.51 ac
Stories
1
APN
35 22103-0000-00001
Zoning
I
Assessed value
$9,013,400
Annual tax
$216,867
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$15.90M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.0 mi away · 66,780 SF
18.5 mi away · 82,829 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.94M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 85 sales
$179
-43%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $101/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$9.01M
Move the market yield to see immediate price impact.
Value / SF
$102
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$568k
$11.36M
$8.11M
$6.31M
$631k
$12.62M
$9.01M
$7.01M
$694k
$13.88M
$9.91M
$7.71M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$12.79M
5.6 mi · Dec 2025 · $150/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$216,867
Tax year 2022
Assessed value
$9,013,400
Assessed 2023
Previous assessed
$7,967,200
+13.1% YoY
Effective rate
2.41%
On assessed value
Assessed land
$2,054,100
Assessed improvement
$6,959,300
Land market value
$2,054,100
Improvement market value
$6,959,300
Total market value
$9,013,400
Applied tax rate
35.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
88,180 SF
Lot
13.51 ac (588,670 SF)
Zoning code
I
APN
35 22103-0000-00001
UPID
US59-0352342
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
I · Rockaway, NJZoning I · permitted uses
I · Rockaway, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
13.51 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I
Jurisdiction
Rockaway, NJ
Recorded code
I
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I in Rockaway, NJ.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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