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Property profile & analytics
FOR LEASE
Super regional malls
10-16 River Rd E Fair Lawn, NJ 07470
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US59-0992273
For Lease
1 / 3
$3,500/Mo
10-16 River Rd,Unit E, Fair Lawn, NJ 07470
View Listing →
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1925
Total area
6,328 SF
Lot
0.38 ac (16,426 SF)
Zoning code
B-5
APN
17 05506-0000-00010
UPID
US59-0992273
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
Current use
Occupant on record · Public records
-
Lala Mart Grocery & Convenience Store Food Market
-
Zevy's Pizza Restaurant
-
Western Union Bank Credit Union
-
Puppies & Tattoos Pet Grooming Service
-
Laurine's Locksmith Service Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bergen Plaza LLC · 13 yrs held
Bergen Plaza LLC
since 2012
4 recorded transactions
Zoning & alternative use
B-5 · Fair Lawn, NJ
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 Fair Lawn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Lawn 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$37,475
Tax year 2022
Assessed value
$875,000
Assessed 2023
Previous assessed
$875,000
+0.0% YoY
Effective rate
4.28%
On assessed value
Assessed land
$605,500
Assessed improvement
$269,500
Land market value
$605,500
Improvement market value
$269,500
Total market value
$875,000
Applied tax rate
17.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
1925
Heating
NONE
Units
1
Total area
6,328 SF
Lot
0.38 ac (16,426 SF)
Zoning code
B-5
APN
17 05506-0000-00010
UPID
US59-0992273
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B-5 · Fair Lawn, NJ
Zoning B-5 · permitted uses
B-5 · Fair Lawn, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Lawn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
NONE
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Bergen Plaza LLC
Entity
Mailing address
169 ALPINE DR, CLOSTER, NJ 07624-2811
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2012
$1,000,000
Bergen Plaza LLC
10-16 River Road Plaza LLC
Grant Deed
$300,000 · Sun W Oh
Jul 26, 2010
$1,525,000
10-16 River Road Plaza LLC
10-16 River Road LLC
Grant Deed
—
Mar 30, 2006
$1
County Of Bergen
10-16 River Road LLC
Grant Deed
related
—
—
—
10-16 River Road LLC
—
Deed Of Trust
related
$950,000 · Mariners 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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