Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    100 W Forest Ave Englewood, NJ 07631

    • Industrial properties
    • 69,160 SF
    • 4.60 lot acres
    For Lease
    View listing
    Last Sale
    Aug 19, 2021
    $24,000,000
    Value Estimations
    $25,375,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-0946104
    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

    • Paragon Group USA Inc. / Wholesaler
    • Ermenegildo Zegna New Jersey Corporate Office / Corporate Office
    • DaVita South Dean Dialysis / Dialysis Center / Local Medical Services
    • Metro Community Church Office / Church
    • ABLE C&C US, INC. (MISSHA, A'PIEU) / Beauty Product Supplier

    Property Details for 100 W Forest Ave

    Year built
    2000
    Lot size
    4.60 lot acres
    Property size
    69,160 SF
    Zone code
    OI
    Property type
    Industrial properties
    APN
    15 02516-0000-00001- 03
    APU
    150251600000000103

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $29,555,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $23,938,000
      Market price range: $7.68M - $24.1M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $15,530,000
      Current use
      COMMERCIAL (GENERAL)
      $25,395,000
      Change: +64% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $22,720,000
      Change: +46% Conversion: Difficult
      OFFICE BUILDING
      $16,705,000
      Change: +8% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9852
    Latitude
    40.8868
    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
    $303,322
    $3,496,000
    $6,789,600
    $10,285,600
    -
    $3,496,000
    $6,789,600
    $10,285,600

    Comparable in this City

    • Value Estimation
      $5,020,000
      35,895 SF

      400 Dean St

      INDUSTRIAL (GENERAL) • 35,895 SF
      400 Dean St, Englewood, NJ 07631-4138
      View Details
    • Value Estimation
      $8,475,000
      94,080 SF

      500 Nordhoff Pl

      INDUSTRIAL (GENERAL) • 94,080 SF
      500 Nordhoff Pl, Englewood, NJ 07631-4815
      View Details
    • Value Estimation by Request
      2,400 SF

      166 Van Brunt St, Unit 180

      INDUSTRIAL (GENERAL) • 2,400 SF
      166 Van Brunt St, Englewood, NJ 07631-3438
      View Details
    • Value Estimation
      $545,000
      4,496 SF

      145 Coolidge Ave

      INDUSTRIAL (GENERAL) • 4,496 SF
      145 Coolidge Ave, Englewood, NJ 07631-4523
      View Details
    • Value Estimation
      $3,600,000
      28,604 SF

      520 Dean St

      INDUSTRIAL (GENERAL) • 28,604 SF
      520 Dean St, Englewood, NJ 07631-4931
      View Details
    • Value Estimation
      $9,525,000
      30,513 SF

      205 Jackson St

      INDUSTRIAL (GENERAL) • 30,513 SF
      205 Jackson St, Englewood, NJ 07631-4025
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,900 SF

      Englewood Industrial Space Available

      15,900 SF Flex Space, NNN Lease
      210 Van Brunt St, Englewood, NJ 07631
      View Details
    • $799,000

      Corner Industrial Building For Sale

      Industrial building with ground level space and additional second floor.
      17 Grant St, Englewood, NJ 07631
      View Details
    • $4,200,000
      15,900 SF

      Englewood Industrial Space - NJ

      Prime 15,900 SF industrial building, sale or lease.
      210 South Van Brunt Street, Englewood, NJ 07631
      View Details
    • $4,995,000

      Englewood Land with Development Potential

      Spacious, partially cleared lot in Englewood with development opportunities.
      206 Central Ave, Englewood, NJ 07631
      View Details
    • $3,999,999

      Englewood Mixed-Use Development Opportunity

      Four contiguous mixed-use lots in up-and-coming Englewood location.
      201 Englewood Ave, Englewood, NJ 07631
      View Details
    • $1,100,000

      Englewood Mixed-Use Investment Opportunity

      Mixed-use property with retail and residential income potential in Englewood.
      227-229 W Englewood Ave, Englewood, NJ 07631
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      15,900 SF

      Englewood Industrial Space For Lease

      15,900 SF Manufacturing/Warehouse in NJ
      210 Van Brunt St, Englewood, NJ 07631
      View Details
    • Contact for pricing
      67,510 SF

      Englewood Warehouse Space Available

      67,510 SF warehouse with easy access to major routes.
      9 Smith St, Englewood, NJ 07631
      View Details
    • Contact for pricing
      43,540 SF

      Renovated Warehouse Space Available

      43,540 SF freestanding warehouse for lease in Englewood, NJ.
      475 South Dean St, Englewood, NJ 07631
      View Details
    • $20 SF/Yr

      Flex Space with Office/Warehouse Mix

      5,000 SF flex space with office and warehouse areas.
      14 W Forest Ave, Englewood, NJ 07631
      View Details
    • Contact for pricing
      7,500 SF

      Englewood Warehouse Space Available

      67,510 SF warehouse with easy access to major routes.
      10-38 W Forest Ave, Englewood, NJ 07631
      View Details
    • Contact for pricing
      6,618 SF

      Englewood Flex Space Available

      Flex space with tailboard loading, easy access to GWB.
      100 W Forest Ave, Englewood, NJ 07631
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 W Forest Ave
    Englewood, NJ 07631
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.