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    40 Tillman St Westwood, NJ 07675

    • Industrial properties
    • 0.20 lot acres
    For Sale
    View listing
    $2,000
    Value Estimation
    Last Sale
    Oct 05, 2022
    $735,000
    Location Intelligence
    Property ID
    US59-3082793
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Events Registration LLC / Event Planner
    • Sobeck Co / Private Investigator
    • Rolloffer / Software Company
    • DeLalla Carting Dumpster Rental / Garbage Collection Service / Sanitation Service
    • DeLalla Carting / Garbage Collection Service / Waste Management Service

    Property Details for 40 Tillman St

    Year built
    1961
    Construction
    CONCRETE BLOCKS
    Lot size
    0.20 lot acres
    Property type
    Industrial properties
    APN
    67 02111-0000-00005
    APU
    6702111000000005

    Description

    This exceptional executive office suite, located at 40 Tillman St #2nd Floor in Westwood, New Jersey (07675), offers 2,332 square feet of move-in ready space. The property features a thoughtfully designed layout encompassing two floors. The second floor includes a main area with cubicles, a spacious conference room (approximately 19x22 feet), and a half-bath. The third floor provides a large open area (approximately 53x22 feet) with 7-foot ceilings and wall-mounted air conditioning. While the listed square footage is 2,332, additional unfinished storage space is available. The property is a single-tenant occupancy. Utilities are the tenant's responsibility, including gas heat and electricity. Convenient parking is available on the side of the building and on the street. The property's APN is 026702111 00005. This turnkey solution is perfect for businesses seeking immediate occupancy in a prime Westwood location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $815,000

    • CAP approach

      CAP return
      Estimation
      6%
      $815,000
      6.5%
      $820,000
      7%
      $695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $735,000
      Geo Method
      $835,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $700,000
      Retail
      $740,000
      Mixed-Use
      $705,000
      Hospitality
      $760,000
      Educational
      $750,000
      Residential Income
      $685,000
      Energy
      $845,000
      Income-Based Land
      $720,000
      Food Service
      $700,000

    Location Insight

    • Map
    • Local Demand
    City
    Westwood
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0101
    Latitude
    40.9807
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $18,270
    $311,400
    $434,700
    $746,100
    -
    $311,400
    $434,700
    $746,100

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    40 Tillman St
    Westwood, NJ 07675
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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