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Property profile & analytics
FOR LEASE
Industrial properties
100 W Forest Ave Englewood, NJ 07631
Entity Owned
4-yr Hold
Free & Clear
Property ID
US59-0946104
For Lease
1 / 3
$25,375,000
100 W Forest Ave, Englewood, NJ 07631
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Total area
69,160 SF
Lot
4.6 ac (200,376 SF)
Zoning code
OI
APN
15 02516-0000-00001- 03
UPID
US59-0946104
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
-
Paragon Group USA Inc. Big Box & Wholesale Store
-
Ermenegildo Zegna New Jersey Corporate Office Corporate Office
-
DaVita South Dean Dialysis Medical Clinic
-
Metro Community Church Office Church
-
ABLE C&C US, INC. (MISSHA, A'PIEU) Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.94M
Blend (final)
Blend
$25.38M
Owner & transaction history
83r S1 Forest Owner LLC · 4 yrs held
83r S1 Forest Owner LLC
since 2021
Last sale
$24.0M
2 recorded transactions
Zoning & alternative use
OI · Englewood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$25.4M
+63.5%
Apartment house (5+ units)
$22.7M
+46.3%
Office building
$16.7M
+7.6%
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
$29,555,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
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
Blend value · Realmo final
$25.38M
Range $22.84M – $27.91M · ±10% · vs last sale $24.00M (Aug 19 2021)
Last sale anchor
$24.00M
Aug 19 2021
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
$367 / 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
$303,322
Tax year 2022
Assessed value
$10,285,600
Assessed 2023
Previous assessed
$10,285,600
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$3,496,000
Assessed improvement
$6,789,600
Land market value
$3,496,000
Improvement market value
$6,789,600
Total market value
$10,285,600
Applied tax rate
15.0000
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
Year built
2000
Heating
NONE
Stories
1
Units
1
Total area
69,160 SF
Lot
4.6 ac (200,376 SF)
Zoning code
OI
APN
15 02516-0000-00001- 03
UPID
US59-0946104
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
OI · Englewood, NJ
Zoning OI · permitted uses
OI · Englewood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Englewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$15.5M
COMMERCIAL (GENERAL)
Est. value
$25.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$22.7M
OFFICE BUILDING
Est. value
$16.7M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Stories
1
Units
1
Lot
4.6 ac
Current owner
From public records · entity-resolved
83r S1 Forest Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
7121 FAIRWAY DR STE #410, PALM BEACH GARDENS, FL 33418-3776
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2021
$24,000,000
83r S1 Forest Owner LLC
Forest Sg LLC
Deed
—
Dec 28, 2018
$16,000,000
Forest Sg LLC
Sss Urban Renewal Corp
Grant Deed
—
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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