Commercial real estate
Entity Owned
17-yr Hold
~
Est. High Equity
Entity Owned 
For Lease
1 / 3
$2,500/Mo
435 Hollywood Ave, Fairfield, NJ 07004
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Property summary
AI-generated overview
This exceptional 2nd-floor retail space, located at 435-437 Hollywood Avenue, Unit 7, in Fairfield, NJ, presents a fantastic opportunity for a discerning business. Situated within a bustling shopping center, this unit offers high visibility and convenient access for customers. The space boasts approximately 0.94 acres of land and features a well-designed layout ideal for a variety of retail uses. The interior includes a dedicated office, providing a private workspace for administrative tasks or client meetings. A separate storage room offers ample space for inventory or supplies, ensuring efficient organization. A private bathroom adds to the convenience and comfort of the space. The large open workspace is bathed in natural light, creating a welcoming and productive environment for employees and customers alike. The unit also includes additional water and sewer provisions. This property is perfectly positioned to capitalize on the high foot traffic and strong commercial activity in the heart of Fairfield. Its versatile layout and prime location make it an attractive option for businesses seeking a thriving retail environment. The asking price is $1300. Don't miss this chance to secure a prominent retail presence in a desirable Fairfield location. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
FRAME
Total area
14,283 SF
Lot
0.94 ac (40,951 SF)
Zoning code
HD
APN
07 03802-0000-00001
UPID
US59-2152621
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.03M
Comparable Approach
Comparable
$2.73M
Blend (final)
Blend
$2.93M
Owner & transaction history
since 2009
5 recorded transactions
Zoning & alternative use
HD · Fairfield, NJ
Top alternative use upside
Apartment house (5+ units)
$3.9M
+3.1%
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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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.93M
Value range
$2.63M – $3.22M
±10% around blend
Estimated value / SF
$205 / SF
Confidence
High
6 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
60
$2.63M
blend $2.93M
$3.22M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,283 SF
Lot area
0.94 ac
Stories
2
APN
07 03802-0000-00001
Assessed value
$3,921,800
Annual tax
$78,554
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.03M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.29M
@ 6.5% CAP return
$3.03M
@ 7% CAP return
$2.82M
4
Sales comparison
Partial preview
Sales approach indication
$1.99M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.9 mi away · 12,503 SF
7.2 mi away · 11,414 SF
9.0 mi away · 17,538 SF
9.6 mi away · 10,326 SF
10.0 mi away · 15,946 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.93M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 31 sales
$265
-23%
Submarket 31 sales
$265
-23%
County 734 sales
$295
-31%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $205/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+3%
vs current-use indication
Commercial (general) · current use
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
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
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.92M
Move the market yield to see immediate price impact.
Value / SF
$275
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
5.00%7.00%9.00%
$247k
$4.94M
$3.53M
$2.75M
$275k
$5.49M
$3.92M
$3.05M
$302k
$6.04M
$4.31M
$3.36M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$2.20M
5.8 mi · Jan 2026 · $202/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$78,554
Tax year 2022
Assessed value
$3,921,800
Assessed 2023
Previous assessed
$3,921,800
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$648,000
Assessed improvement
$3,273,800
Land market value
$648,000
Improvement market value
$3,273,800
Total market value
$3,921,800
Applied tax rate
7.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
14,283 SF
Lot
0.94 ac (40,951 SF)
Zoning code
HD
APN
07 03802-0000-00001
UPID
US59-2152621
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
HD · Fairfield, NJZoning HD · permitted uses
HD · Fairfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.94 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
HD
Jurisdiction
Fairfield, NJ
Recorded code
HD
Ownership Intelligence
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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
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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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