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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office buildings
1157 Main Ave Clifton, NJ 07011-2243
Entity Owned
11-yr Hold
Free & Clear
Property ID
US59-0092914
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1860
Total area
3,474 SF
Lot
0.06 ac (2,523 SF)
Zoning code
B-C
APN
02 00012- 04-00007
UPID
US59-0092914
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
-
M & S Psychotherapy and Counseling LLC Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$570k
Blend (final)
Blend
$575k
Owner & transaction history
Tadla & Shah LLC · 11 yrs held
Tadla & Shah LLC
since 2015
7 recorded transactions
Zoning & alternative use
B-C · Clifton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$760,000
+18.9%
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 Clifton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clifton 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
by Request
ML approach
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$640,000
Current use
COMMERCIAL (GENERAL)
$760,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±10%
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
$166 / 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
$17,570
Tax year 2022
Assessed value
$307,700
Assessed 2023
Previous assessed
$307,700
+0.0% YoY
Effective rate
5.71%
On assessed value
Assessed land
$76,300
Assessed improvement
$231,400
Land market value
$76,300
Improvement market value
$231,400
Total market value
$307,700
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1860
Heating
NONE
Stories
2
Total area
3,474 SF
Lot
0.06 ac (2,523 SF)
Zoning code
B-C
APN
02 00012- 04-00007
UPID
US59-0092914
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B-C · Clifton, NJ
Zoning B-C · permitted uses
B-C · Clifton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clifton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$640,000
COMMERCIAL (GENERAL)
Est. value
$760,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1860
Heating
NONE
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Tadla & Shah LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1157 MAIN AVE, CLIFTON, NJ 07011-2243
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
—
M&s Passaic Real Estate Holdings Ll
—
Deed
related
$1,050,000 · M&s Real Estate Holdings LLC
Jun 29, 2016
—
Tadla And Shah LLC
—
Deed
related
$468,000 · Habib American Bank
Jan 26, 2015
$480,000
Tadla & Shah LLC
Wells Fargo Bk NA
Grant Deed
—
Feb 14, 2005
$325,000
1157 J & J Realty LLC
Rodgriguez,jose L
Grant Deed
$260,000 · Wachovia Bank NA
Oct 19, 2000
$235,000
Jose Rodriguez
Rupani,vishal J
Grant Deed
$176,250 · Liberty Bank
Feb 5, 1999
$170,000
Vishal J Rupani
Kostiuk,george & Carmel
Grant Deed
$170,000 · Valley National Bank
—
—
Jose Rodriguez
—
Deed Of Trust
related
$242,250 · Commercial Funding Corp
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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