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Property profile & analytics
FOR LEASE
Industrial properties
1 Remsen Pl Ridgefield, NJ 07657
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-3189336
For Lease
1 / 11
$1,000/Mo
1 Remsen Pl, Ridgefield, NJ 07657
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
62,557 SF
Lot
2.75 ac (119,786 SF)
APN
49 03501-0000-00001
UPID
US59-3189336
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
by Request
Comparable Approach
Comparable
$4.53M
Blend (final)
Blend
$7.15M
Owner & transaction history
1 & 9 Ridgefield Corp · 22 yrs held
1 & 9 Ridgefield Corp
since 2004
7 recorded transactions
Zoning & alternative use
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 Ridgefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgefield 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.15M
Range $6.43M – $7.86M · ±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
$114 / 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
$134,958
Tax year 2022
Assessed value
$8,329,500
Assessed 2023
Previous assessed
$8,329,500
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$1,287,000
Assessed improvement
$7,042,500
Land market value
$1,287,000
Improvement market value
$7,042,500
Total market value
$8,329,500
Applied tax rate
49.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Heating
NONE
Stories
1
Total area
62,557 SF
Lot
2.75 ac (119,786 SF)
APN
49 03501-0000-00001
UPID
US59-3189336
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Stories
1
Lot
2.75 ac
Current owner
From public records · entity-resolved
1 & 9 Ridgefield Corp
Entity
Mailing address
6211 35TH AVE, WOODSIDE, NY 11377-2140
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
1 & 9 Ridgefield Corp
—
Deed
related
$7,351,653 · East West Bank
Oct 1, 2021
—
Concord Estates Of Ridgefield LLC
—
Deed
related
$7,270,000 · Oceanfirst Bank
Jan 28, 2020
—
1&9 Ridgefield Corp
—
Deed
related
$9,700,000 · East West Bank
Aug 14, 2006
—
1 & 9 Ridgefield Corp
—
Trustees Deed
related
$4,500,000 · Nara Bank
Jun 10, 2004
$4,608,000
1 & 9 Ridgefield Corp
Ruhle & Sons
Grant Deed
$3,400,000 · Woori America Bank
—
—
1 & 9 Ridgefield Corp
—
Deed Of Trust
related
$250,000 · Bankasiana
—
—
1 & 9 Ridgefield Corp
—
Deed Of Trust
related
$9,425,000 · Bank Of East Asia
—
—
1 & 9 Ridgefield Corp
—
Deed Of Trust
related
$750,000 · Bankasiana
—
—
1 & 9 Ridgefield Corp
—
Deed Of Trust
related
$3,500,000 · Hanmi Bk
—
—
1 & 9 Ridgefield Corp
—
Deed Of Trust
related
$750,000 · Bankasiana
—
—
1 & 9 Ridgefield Corp
—
Deed Of Trust
related
$700,000 · Noah Bank
—
—
1 & 9 Ridgefield Corp
—
Deed Of Trust
related
$2,600,000 · Noah Bank
—
—
1 & 9 Ridgefield Corp
—
Deed Of Trust
related
$210,000 · Bankasiana
—
—
1 & 9 Ridgefield Corp
—
Deed Of Trust
related
$8,700,000 · Shinhan 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.
Try Rey
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