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Property profile & analytics
FOR SALE
Commercial real estate
71 Unionville Ave Sussex, NJ 07461
Entity Owned
3-yr Hold
Free & Clear
Property ID
US59-2767191
For Sale
1 / 4
$325,000
71 Unionville Ave, Sussex, NJ 07461
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
5,500 SF
Lot
0.17 ac (7,601 SF)
Zoning code
R-2
APN
21 00604-0000-00027
UPID
US59-2767191
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
M & J Sibling Realty LLC · 3 yrs held
M & J Sibling Realty LLC
since 2023
5 recorded transactions
Zoning & alternative use
R-2 · Sussex, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Signs Permitted in Other Than R-1 A1933 and R-2 (Residential). § 19-18.10 Fences. § 19-19 ADMINISTRATION AND ENFORCEMENT. § 19-19.1 Enforcement by Zoning Officer. § 19-19.2 Zoning Permits. § 19-20 VIOLATIONS AND PENALTIES.
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
44.41 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 Sussex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sussex 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
$7,257
Tax year 2022
Assessed value
$212,500
Assessed 2023
Previous assessed
$212,500
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$75,000
Assessed improvement
$137,500
Land market value
$75,000
Improvement market value
$137,500
Total market value
$212,500
Applied tax rate
21.0000
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
For Sale
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Total area
5,500 SF
Lot
0.17 ac (7,601 SF)
Zoning code
R-2
APN
21 00604-0000-00027
UPID
US59-2767191
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-2 · Sussex, NJZoning R-2 · permitted uses
R-2 · Sussex, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Signs Permitted in Other Than R-1 A1933 and R-2 (Residential). § 19-18.10 Fences. § 19-19 ADMINISTRATION AND ENFORCEMENT. § 19-19.1 Enforcement by Zoning Officer. § 19-19.2 Zoning Permits. § 19-20 VIOLATIONS AND PENALTIES.
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
44.41 ac
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
M & J Sibling Realty LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7717 BERGENLINE AVE, NORTH BERGEN, NJ 07047-4966
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2023
—
M & J Sibling Realty LLC
Joseph Morales
Deed
—
Dec 13, 2017
—
Joseph Morales
Morales,jose & Cynthia
Quit Claim Deed
related
—
Nov 7, 2008
$175,000
Jose Morales
Singh,balwinder
Grant Deed
—
Jan 14, 2003
$128,500
Balwinder Singh
Stefkovich,olga
Grant Deed
—
—
—
Lawrence R Fredericks
—
Deed Of Trust
related
$50,000 · Lakeland Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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