Back to Search
Property profile & analytics
FOR LEASE
Commercial real estate
8 King Rd Rockleigh, NJ 07647
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0550014
For Lease
1 / 2
Contact for pricing
8 King Rd, Rockleigh, NJ 07647
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
6.72 ac (292,723 SF)
APN
55 00105-0000-00003
UPID
US59-0550014
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
-
Spectra Clinical Research Research Institute
-
Spectra Laboratories Laboratory
-
FedEx Drop Box Postal Service Courier Service
-
Spectra Diagnostics Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$52.06M
Owner & transaction history
Bsf1 Rockleigh LLC · 4 yrs held
Bsf1 Rockleigh LLC
since 2022
Last sale
$50.0M
7 recorded transactions
Zoning & alternative use
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 Rockleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockleigh 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
$56,165,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$52.06M
Range $46.85M – $57.26M · ±10% · vs last sale $50.00M (Jul 18 2022)
Last sale anchor
$50.00M
Jul 18 2022
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
$176,447
Tax year 2022
Assessed value
$23,844,200
Assessed 2023
Previous assessed
$23,844,200
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$6,720,000
Assessed improvement
$17,124,200
Land market value
$6,720,000
Improvement market value
$17,124,200
Total market value
$23,844,200
Applied tax rate
55.0000
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 Lease
Heating
NONE
Stories
2
Lot
6.72 ac (292,723 SF)
APN
55 00105-0000-00003
UPID
US59-0550014
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Stories
2
Lot
6.72 ac
Current owner
From public records · entity-resolved
Bsf1 Rockleigh LLC
Entity
Mailing address
12400 WILSHIRE BLVD STE #1450, LOS ANGELES, CA 90025-1043
Ownership since
2022
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
Jul 18, 2022
$50,000,000
Bsf1 Rockleigh LLC
Tucc Medical Center Joint Venture L
Deed
$189,033,294 · Bmo Harris Bank NA
Apr 11, 2016
$40,000,000
Tucc Medical Center Jv LLC
Mcp 8 King Road LLC
Grant Deed
$28,000 · Other Institutional Lenders
Dec 12, 2013
—
Mcp 8 King Road LLC
Mcp 8 King Road LLC
Quit Claim Deed
related
—
May 14, 2013
$15,553,271
Mcp 8 King Road LLC
8 King Road LLC
Grant Deed
—
Jan 24, 2006
—
8 King Road LLC
—
Trustees Deed
related
$14,000,000 · Artesia Mortgage Capital Corp
—
—
Mcp 8 King Road LLC
—
Deed Of Trust
related
$12,000,000 · Cambridge Svgs Bk
—
—
8 King Road LLC
—
Deed Of Trust
related
$1,000,000 · Banco Popular NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
