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Property profile & analytics

1 Tice Rd Franklin Lakes, NJ 07417-1322

  • Commercial real estate
  • 1.27 lot acres
OFF-MARKET
Value Estimation
$3,800,000
Last Sale
May 23, 2024
$3,800,000
Location Intelligence
Property ID
US59-2117460
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

  • National Veterinary Laboratory / Veterinarian
  • Ultimate Track and Field Training / Personal Trainer
  • Elite Training Academy / Soccer Practice
  • Sports Conditioning Institute / Personal Trainer / Gym
  • NJ Heat FC / Soccer Club

Property Details for 1 Tice Rd

Year built
1970
Lot size
1.27 lot acres
Zone code
I-2
Property type
Commercial real estate
APN
20 01517-0000-00002
APU
2001517000000002

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $3,800,000
  • CAP approach

    CAP return
    Estimation
    6%
    $3,470,000
    6.5%
    $3,910,000
    7%
    $3,795,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $3,290,000
    Geo Method
    $3,945,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $3,750,000
    Retail
    $4,285,000
    Mixed-Use
    $4,120,000
    Hospitality
    $3,605,000
    Educational
    $4,410,000
    Residential Income
    $3,745,000
    Energy
    $3,810,000
    Income-Based Land
    $4,190,000
    Food Service
    $3,885,000

Location Insight

  • Map
  • Local Demand
City
Franklin Lakes
County
Bergen
State
New Jersey
Longitude
-74.2027
Latitude
41.0228
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
$25,956
$508,000
$1,031,500
$1,539,500
-
$508,000
$1,031,500
$1,539,500
More about this property
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