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Property profile & analytics
OFF-MARKET
Commercial real estate
946 Owassa Rd Newton, NJ 07860-4015
Individually Owned
Free & Clear
Property ID
US59-2039228
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
64.89 ac (2,826,565 SF)
Zoning code
CR
APN
20 01501-0000-00002- 01
UPID
US59-2039228
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
Patricia Pawelak
Patricia Pawelak
since 2025
7 recorded transactions
Zoning & alternative use
CR · Newton, 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 Newton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newton 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 2023Property tax & assessments
Tax year 2023
Tax billed
$71,697
Tax year 2023
Assessed value
$2,041,500
Assessed 2024
Previous assessed
$2,041,500
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$1,395,000
Assessed improvement
$646,500
Land market value
$1,395,000
Improvement market value
$646,500
Total market value
$2,041,500
Applied tax rate
20.0000
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
Heating
NONE
Lot
64.89 ac (2,826,565 SF)
Zoning code
CR
APN
20 01501-0000-00002- 01
UPID
US59-2039228
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
CR · Newton, NJ
Zoning CR · permitted uses
CR · Newton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
64.89 ac
Current owner
From public records · entity-resolved
Patricia Pawelak
Individual
Free & Clear · 0 yrs held
Mailing address
17 DON BOSCO AVE, PATERSON, NJ 07502-1896
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
68 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
—
Patricia Pawelak
Alfredo Jimenez
Deed
—
Oct 29, 2025
—
Jonathan Estrada
Thomas Blakeney
Deed
—
Aug 27, 2025
—
Aleyda Valderrama
Aleyda Valderrama
Deed
related
—
Aug 25, 2025
$5,000
Carlos Navia
Carlos Navia
Deed
—
Aug 25, 2025
—
Julian Leon
Luis A Duval Hidalgo
Deed
—
May 20, 2025
—
Pedro Martinez
Pedro Martinez
Deed
related
—
May 14, 2025
$5,000
Anna Nainggolan
Mountain Shadows Lake Association I
Deed
—
Oct 9, 2024
—
Ennio Alberto Guzman
Johanna Jimenez Trujillo
Assignment Of Lease (leasehold Sale)
—
Sep 3, 2024
—
Anna Mahmoud
Edin Jarovic
Assignment Of Lease (leasehold Sale)
—
Aug 21, 2024
—
Segundo Waldo Romero
Carol Spirko
Assignment Of Lease (leasehold Sale)
—
Jun 17, 2024
—
Myung H Lee
Michael T Weir
Assignment Of Lease (leasehold Sale)
—
Jun 5, 2024
—
Yolanda Rodriguez
Collette Ellerman
Assignment Of Lease (leasehold Sale)
—
May 3, 2024
—
Jason Ortiz
Jason Ortiz
Assignment Of Lease (leasehold Sale)
—
Feb 20, 2024
—
Martha Liliana Pedraza
Rosa N Martinez
Assignment Of Lease (leasehold Sale)
—
Feb 16, 2024
—
Brian Boyce
Verdi L Reaves
Assignment Of Lease (leasehold Sale)
—
Dec 1, 2023
—
Mountain Shadows Lake Association I
Jadwiga Sikorska
Assignment Of Lease (leasehold Sale)
—
Nov 13, 2023
—
Carlos Calderon Mendoza
Jeimy Castro
Assignment Of Lease (leasehold Sale)
—
Nov 3, 2023
—
Meyer Bermello
Lisandra Leon
Lease
—
Sep 1, 2023
—
Angele Diana
131 Mountain Shadows Lake Assn INC
Assignment Of Lease (leasehold Sale)
—
Aug 2, 2023
—
Carlos Joel Apaza
Joseph J Patasso
Assignment Of Lease (leasehold Sale)
—
Jul 27, 2023
—
Ramon Alvarez
Ramon Alvarez
Assignment Of Lease (leasehold Sale)
—
Jul 7, 2023
—
Galo A Montes
Saig Golahek
Assignment Of Lease (leasehold Sale)
—
Jun 30, 2023
—
Angel Tomala
Alexander Rivera
Assignment Of Lease (leasehold Sale)
—
Jun 23, 2023
—
Susan Garcia
Katarzyna Golabek
Assignment Of Lease (leasehold Sale)
—
May 31, 2023
$5,000
Joseph Patasso
Jean Yves Daouphars
Assignment Of Lease (leasehold Sale)
—
May 10, 2023
—
Jose Miranda
Gerardo C Fraga
Assignment Of Lease (leasehold Sale)
—
May 8, 2023
—
Carlos Calderon Mendoza
Robert Byrnes
Assignment Of Lease (leasehold Sale)
—
Apr 11, 2023
—
Cristian Orlando
Robert Byrenes
Assignment Of Lease (leasehold Sale)
—
Apr 3, 2023
—
Adam Szczubelek
Mariana Vilela
Assignment Of Lease (leasehold Sale)
—
Feb 27, 2023
—
Diego Clavijo
Marisol Ocasio
Assignment Of Lease (leasehold Sale)
—
Nov 23, 2022
—
Dora Pulgarin
Carol Tirador
Assignment Of Lease (leasehold Sale)
—
Nov 14, 2022
—
Jackeline Mora Salinas
Francisco Carmona
Assignment Of Lease (leasehold Sale)
—
Oct 21, 2022
—
Holly Morgan
Francisco Maciel
Assignment Of Lease (leasehold Sale)
—
Oct 7, 2022
—
Mayoryn Matos
Carmen Loran
Intrafamily Transfer
related
—
Sep 13, 2022
$5,000
Diego Ellas Espinoza Naranjo
Michelle Quagliato
Assignment Of Lease (leasehold Sale)
—
Sep 1, 2022
—
Cristina M Torres
Oscar Moreno
Assignment Of Lease (leasehold Sale)
—
Aug 11, 2022
$5,000
Oscar F Moreno
Fred Windecker
Assignment Of Lease (leasehold Sale)
—
Jul 15, 2022
—
Jason Ortiz
Myrna Ortiz
Intrafamily Transfer
related
—
Jul 13, 2022
—
Jackeline Mora Salinas
Mirjana Popovic
Assignment Of Lease (leasehold Sale)
—
Jun 14, 2022
—
Ana N Perez
Veronica Garzon
Assignment Of Lease (leasehold Sale)
—
Jun 8, 2022
—
Lesley S Zamora
Claudia C Castano
Assignment Of Lease (leasehold Sale)
—
May 25, 2022
—
Michael Diaz
Mountain Shadows Lake INC
Assignment Of Lease (leasehold Sale)
—
Feb 24, 2022
—
Jose N Rivas
Jose Diaz
Assignment Of Lease (leasehold Sale)
—
Jan 18, 2022
—
Cesar M Morales
Nelson Gonzalez
Assignment Of Lease (leasehold Sale)
—
Dec 10, 2021
—
Claudia Hernandez
Ibrahim Sedmanovic
Assignment Of Lease (leasehold Sale)
—
Nov 18, 2021
—
Cristian Cabrera
Dorian Londono Martinez
Assignment Of Lease (leasehold Sale)
—
Nov 8, 2021
$5,000
Rigoberto Lopez
Madeline Echevarria
Assignment Of Lease (leasehold Sale)
—
Nov 8, 2021
—
Rigoberto Lopez
Amarilis Espinal
Assignment Of Lease (leasehold Sale)
—
Oct 22, 2021
—
Maryelena Vargas
Claudia Sarria
Assignment Of Lease (leasehold Sale)
—
Oct 7, 2021
—
Peter Martinez
Jonathan Sanchez
Assignment Of Lease (leasehold Sale)
—
Sep 30, 2021
—
Collado Colas
Marisol Rodriguez
Assignment Of Lease (leasehold Sale)
—
Sep 21, 2021
—
Nelson Gonzalez
Amanda Hannon
Assignment Of Lease (leasehold Sale)
—
Sep 9, 2021
—
William Lozano Mercado
Gonzalo Gonzalez
Assignment Of Lease (leasehold Sale)
—
Aug 13, 2021
—
Dorian Londono Martinez
Armando D Bedoya
Assignment Of Lease (leasehold Sale)
—
Sep 22, 2020
$5,000
Luz Velasquez
Daniel Velasquez
Grant Deed
related
—
Aug 27, 2020
$5,000
Albert F Shopp
Mountain Shadows Lake INC
Grant Deed
—
Jul 14, 2020
$5,000
Milton Zarzuela
Rigoberto Capote
Grant Deed
—
Jul 10, 2020
$5,000
Jonathan Sanchez
Richard Ruocco
Grant Deed
—
Dec 5, 2019
$5,000
Jonathan Sanchez
Hany Abdalla
Grant Deed
—
Aug 27, 2019
$5,000
Edgar H D Navarro
Alvarez,ray
Grant Deed
—
Aug 22, 2019
$5,000
Inirida Casas
Ivey,leticia L G
Grant Deed
—
Jun 13, 2019
$5,000
Jhonathan Sonza
Gojlik,mariusz & Joanna
Grant Deed
—
Sep 14, 2018
$5,000
Lucille Dateno
Hannon,charles W III
Grant Deed
—
Jun 26, 2018
$5,000
Alfredo Jimenez
Peribanez,miguel
Grant Deed
—
May 8, 2018
—
Collette Ellerman
Byrnes,robert
Grant Deed
related
—
Feb 28, 2018
$5,000
Gonzalo D Manzano
Rodriguez,edith
Grant Deed
—
Dec 12, 2006
—
Rigoberto Capote
Villalta,victor & Yolanda
Grant Deed
related
—
Jul 21, 1989
$133,000
Shadows Lake Assn Mountain
Unknown
Grant Deed
—
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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