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Property profile & analytics
OFF-MARKET
Estimated value
$2,780,000
Commercial real estate
861 State Rte 10 Randolph, NJ 07869-1906
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1760962
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1942
Construction
CONCRETE BLOCKS
Total area
1,304 SF
Lot
8 ac (348,480 SF)
Zoning code
OL
APN
32 00044-0000-00011
UPID
US59-1760962
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
$2.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.78M
Owner & transaction history
Stack Randolph & Route 10 LLC · 3 yrs held
Stack Randolph & Route 10 LLC
since 2022
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
OL · Randolph, 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 Randolph submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randolph 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
$2,925,000
ML approach
$2,990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.78M
Range $2.50M – $3.06M · ±10% · vs last sale $2.60M (Aug 4 2022)
Last sale anchor
$2.60M
Aug 4 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
$2,132 / SF
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
$32,076
Tax year 2022
Assessed value
$2,200,000
Assessed 2023
Previous assessed
$1,200,000
+83.3% YoY
Effective rate
1.46%
On assessed value
Assessed land
$2,120,000
Assessed improvement
$80,000
Land market value
$2,120,000
Improvement market value
$80,000
Total market value
$2,200,000
Applied tax rate
32.0000
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
1942
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
1,304 SF
Lot
8 ac (348,480 SF)
Zoning code
OL
APN
32 00044-0000-00011
UPID
US59-1760962
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
OL · Randolph, NJ
Zoning OL · permitted uses
OL · Randolph, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Randolph. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
8 ac
Current owner
From public records · entity-resolved
Stack Randolph & Route 10 LLC
Entity
Mailing address
2801 N THANKSGIVING WAY, LEHI, UT 84043-5296
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2023
—
Stack Randolph & Route 10 LLC
—
Deed
related
$15,590,000 · Washington Federal Bank
Aug 4, 2022
$2,600,000
Stack Randolph & Route 10 LLC
Salerno Duane Randolph Realty LLC
Deed
—
Jul 6, 2017
—
Salernoduane Denville Realty L
—
Deed
related
$8,350,000 · Ally Cap
Mar 3, 2010
—
Duane Denville Realty Salerno
—
Deed Of Trust
related
$4,750,000 · Valley National Bank
Jan 22, 2010
$1,450,000
Salerno Duane Randolph Realty
Schwarz Carolin M Trust
Grant Deed
related
—
Feb 9, 2006
$1,450,000
Salerno-duane Randolph Realty
Schwarz,roy
Grant Deed
$1,087,500 · Daimler Chrisler Fin'l Svc
—
—
Salernoduane Denville Realty L
—
Loan Modification
related
$8,350,000 · Ally Cap
—
—
Duane Denville Realty Salerno
—
Deed Of Trust
related
$4,708,994 · Daimler-chrysler Fin'l Svcs 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.
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