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Property profile & analytics
FOR SALE
Commercial real estate
990 Raritan Rd Clark, NJ 07066
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-0519039
For Sale
1 / 13
$680,000
990 Raritan Rd, Clark, NJ 07066
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1954
Construction
FRAME
Total area
3,937 SF
Lot
0.24 ac (10,415 SF)
Zoning code
CO
APN
02 00054-0000-00011
UPID
US59-0519039
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
-
Arias & Partners Wealth Advisors - Ameriprise Financial Services, LLC Financial Advisor
-
Carlos F Arias - Private Wealth Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
DENTURE LABORATORY Dental Office
-
Mark Mazzei - Associate Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$680k
Owner & transaction history
990 Raritan Road Clark LLC · 12 yrs held
990 Raritan Road Clark LLC
since 2014
5 recorded transactions
Zoning & alternative use
CO · Clark, 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 Clark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clark 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
$460,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$740,000
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$173 / 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
$23,436
Tax year 2022
Assessed value
$1,106,500
Assessed 2023
Previous assessed
$1,106,500
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$275,100
Assessed improvement
$831,400
Land market value
$275,100
Improvement market value
$831,400
Total market value
$1,106,500
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
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 Sale
Year built
1954
Construction
FRAME
Heating
NONE
Stories
2
Total area
3,937 SF
Lot
0.24 ac (10,415 SF)
Zoning code
CO
APN
02 00054-0000-00011
UPID
US59-0519039
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
CO · Clark, NJ
Zoning CO · permitted uses
CO · Clark, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clark. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Construction
FRAME
Heating
NONE
Stories
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
990 Raritan Road Clark LLC
Entity
Mailing address
7900 SEQUOIA LN, PARKLAND, FL 33067-2388
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Oct 13, 2022
—
Arias Realty LLC
—
Deed
related
$972,700 · Univest Bank & Trust Co
Mar 19, 2021
—
Arias Realty LLC
—
Deed
related
$342,000 · Trenton Business Assistance Corporation
Sep 28, 2018
—
Arias Realty LLC
—
Deed
related
$414,250 · Zb NA
Apr 22, 2014
$186,000
990 Raritan Road Clark LLC
Sheriff Of County Of Union
Trustees Deed
related
—
—
—
Robert A Kanterman
—
Deed Of Trust
related
$100,000 · Thomas Ameen
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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