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Property profile & analytics
OFF-MARKET
Estimated value
$16,365,000
Commercial real estate
99 Mulford Rd Lafayette, NJ 07848-3614
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US59-1837558
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1979
Total area
121,008 SF
Lot
16.69 ac (727,104 SF)
Zoning code
I
APN
02 00108-0000-00001- 05
UPID
US59-1837558
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
$18.43M
Comparable Approach
Comparable
$17.45M
Blend (final)
Blend
$16.37M
Owner & transaction history
Bnjd Mulford Property LLC · 8 yrs held
Bnjd Mulford Property LLC
since 2017
5 recorded transactions
Zoning & alternative use
I · Lafayette, 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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$19,965,000
6.5%
$18,430,000
7%
$17,115,000
Blend value · Realmo final
$16.37M
Range $14.73M – $18.00M · ±10%
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
$135 / 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
$1,035,260
Tax year 2022
Assessed value
$17,327,200
Assessed 2023
Previous assessed
$17,327,200
+0.0% YoY
Effective rate
5.97%
On assessed value
Assessed land
$5,007,000
Assessed improvement
$12,320,200
Land market value
$5,007,000
Improvement market value
$12,320,200
Total market value
$17,327,200
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1979
Heating
NONE
Total area
121,008 SF
Lot
16.69 ac (727,104 SF)
Zoning code
I
APN
02 00108-0000-00001- 05
UPID
US59-1837558
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
I · Lafayette, NJ
Zoning I · permitted uses
I · Lafayette, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
16.69 ac
Current owner
From public records · entity-resolved
Bnjd Mulford Property LLC
Entity
Mailing address
2201 MAIN ST, EVANSTON, IL 60202-1519
Ownership since
2017
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
Dec 9, 2019
—
Bnjd Mulford Property LLC
—
Loan Modification
related
$71,100,000 · Manufacturers & Traders Tr
Aug 25, 2017
$53,255,770
Bnjd Mulford Property LLC
Andover Subacute & Rehab Cente
Trustees Deed
related
$64,800,000 · Manufacturers & Traders Tr
Jun 20, 2005
$1
Andover Subacute & Rehab Ctr T
Jeryl Industries INC
Grant Deed
related
—
—
—
Andover Subacute & Rehab Cente
—
Deed Of Trust
related
$8,500,000 · Wells Fargo Bk
—
—
Andover Subacute & Rehab Ctr T
—
Deed Of Trust
related
$600,000 · North Fork 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.
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