Financial
Distress signals
Property profile

215 Old Tappan Rd Old Tappan, NJ 07675

FOR LEASE
Commercial real estate
Property ID
US59-1349075
8,300 SF 1.5 ac lot
Last sale Jul 2025 · $3,281,529
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased, 10,650 square foot medical office building situated in Old Tappan, New Jersey. Located at 215 Old Tappan Road, this single-story, 2017-renovated building boasts six tenants and offers a stabilized investment profile as a fully leased property. The property sits on one acre of land and is zoned B1. The building features convenient amenities including an elevator and basement storage accessible via both elevator and an exterior

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$35k
Tax billed · 2022
Assessed value · 2023$1.67M
Assessed land$776k
Assessed improvement$891k
Effective rate2.13%

Value estimate

· Sep 2026
$3.37M
$3.03M – $3.71M
AI approach$3.27M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 855 recorded sales of this use type
Observed band · Q1–Q3$197 – $418
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.7
Wholesale Shop12.0
Hair Salon11.9

Location

215 Old Tappan Rd Old Tappan, NJ 07675
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
691 Rivervale, River Vale, NJ 07675-6449 $4,400,000 Mar 2025 5,300 SF
680 Westwood, River Vale, NJ 07675-6307 $8,000,000 Oct 2024 28,551 SF
234 Rivervale, River Vale, NJ 07675-6291 $885,000 Aug 2023 2,644 SF
358 Kinderkamack, Westwood, NJ 07675-1660 $637,000 May 2023 3,153 SF
184 Central, Old Tappan, NJ 07675-7360 $4,400,000 Apr 2023 29,942 SF
655 Westwood, River Vale, NJ 07675-6287 $2,710,000 Mar 2023 5,304 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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