Entity Owned Property summary
AI-generated overview
Located at 825 Bloomfield Ave in Verona, this property is configured to support medical office use and has convenient access to major highways and public transportation. It is positioned near healthcare services and amenities, including nearby medical groups and hospitals, and provides ample parking. A 2,250-square-foot suite within the building was designed for clinical operations and includes two exam rooms, two procedure rooms with plumbing and cabinetry, and three private offices. The suite also contains a laboratory area and a nursing station, three private areas include two private balconies, and it has windows throughout. ADA accessibility features include one ADA restroom within the suite. Shared/common areas include a waiting room, a break room/kitchen with sink and cabinetry, a photo room, a delivery/storage area, and a private restroom.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1988
Total area
14,078 SF
Lot
1.27 ac (55,321 SF)
APN
20 01601-0000-00001
UPID
US59-1668002
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
-
Physician
-
Physician
-
Physician
-
Physician
-
Hospital
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.11M
CAP Approach
CAP
$2.99M
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$4.03M
Owner & transaction history
since 2021
Last sale
$3.2M
5 recorded transactions
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 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.03M
Value range
$3.62M – $4.43M
±10% around blend
Estimated value / SF
$286 / SF
Confidence
High
6 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
60
$3.62M
blend $4.03M
$4.43M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,078 SF
Lot area
1.27 ac
Year built
1988
APN
20 01601-0000-00001
Assessed value
$3,145,700
Annual tax
$94,151
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.99M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.24M
@ 6.5% CAP return
$2.99M
@ 7% CAP return
$2.78M
4
Sales comparison
Partial preview
Sales approach indication
$2.67M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.4 mi away · 10,326 SF
7.3 mi away · 12,503 SF
7.9 mi away · 12,000 SF
8.2 mi away · 17,538 SF
9.9 mi away · 10,547 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.03M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$352
-19%
Submarket 28 sales
$352
-19%
County 734 sales
$295
-3%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $286/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
Not available
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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 · 6 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
4.80%
Implied, in-place cap rate for this other commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.80%
9.0%
NOI (est.)
$224k *
Last sale · Jul 2021
$3.20M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.67M
Move the market yield to see immediate price impact.
Value / SF
$331
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
4.30%4.80%5.30%
$202k
$4.69M
$4.20M
$3.80M
$224k
$5.21M
$4.67M
$4.23M
$246k
$5.73M
$5.13M
$4.65M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$2.20M
2.3 mi · Jan 2026 · $202/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$94,151
Tax year 2022
Assessed value
$3,145,700
Assessed 2023
Previous assessed
$3,145,700
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$873,400
Assessed improvement
$2,272,300
Land market value
$873,400
Improvement market value
$2,272,300
Total market value
$3,145,700
Applied tax rate
20.0000
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 commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1988
Heating
NONE
Units
1
Total area
14,078 SF
Lot
1.27 ac (55,321 SF)
APN
20 01601-0000-00001
UPID
US59-1668002
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Units
1
Lot
1.27 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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.
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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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