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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Commercial real estate
112 Un St Palisades Park, NJ 07650-1219
Entity Owned
~
Est. High Equity
Property ID
US59-0437962
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.17 ac (7,501 SF)
APN
45 00107-0000-00005
UPID
US59-0437962
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
by Request
Blend (final)
Blend
$3.40M
Owner & transaction history
Hlc Development LLC
Hlc Development LLC
since 2025
Last sale
$3.4M
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 Palisades Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palisades Park 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
$9,042
Tax year 2022
Assessed value
$614,500
Assessed 2023
Previous assessed
$614,500
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$587,500
Assessed improvement
$27,000
Land market value
$587,500
Improvement market value
$27,000
Total market value
$614,500
Applied tax rate
45.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.17 ac (7,501 SF)
APN
45 00107-0000-00005
UPID
US59-0437962
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
Lot
0.17 ac
Current owner
From public records · entity-resolved
Hlc Development LLC
Entity
Mailing address
416 E CENTRAL BLVD, PALISADES PARK, NJ 07650-2240
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2025
$3,400,000
Hlc Development LLC
118 Union Associates LLC
Deed
—
Jun 25, 2024
—
118 Union Associates LLC
112 Union Street LLC
Deed
—
Apr 30, 2018
—
321 Nj Commercial Realty LLC
—
Grant Deed
related
$4,500,000 · Lotus Partners LLC
Apr 12, 2018
—
321 Nj Commercial Realty LLC
—
Grant Deed
related
$3,000,000 · Lotus Partners LLC
Apr 4, 2018
—
112 Union Street LLC
—
Grant Deed
related
$1,250,000 · Jp Morgan Chase Bk
Nov 27, 2017
$775,000
112 Union Street LLC
321 Nj Commercial Realty
Deed
—
Jul 18, 2005
$100
321 Nj Commercial Realty LLC
321 Nj Commercial Realty LLC
Grant Deed
related
—
Apr 7, 2005
$3,500,000
321 Nj Commercial Realty LLC
321 Commercial Avenue LLC
Grant Deed
related
—
—
—
321 Nj Commercial Realty LLC
—
Deed Of Trust
related
$4,000,000 · Industrial Bk/korea
—
—
321 Nj Commercial Realty LLC
—
Deed Of Trust
related
$2,000,000 · Fd Capital INC
—
—
321 Commercial Avenue LLC
—
Deed Of Trust
related
$5,600,000 · Nara 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.
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