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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Auto shops
117 Main St Little Falls, NJ 07424-1410
Entity Owned
Free & Clear
Property ID
US59-2071183
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Total area
5,977 SF
Lot
0.4 ac (17,380 SF)
APN
05 00093-0000-00003
UPID
US59-2071183
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
$990k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
R E M 117 LLC
R E M 117 LLC
since 2026
Last sale
$900,000
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 Little Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little Falls 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
$920,000
ML approach
$990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$955,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$845,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$750,000
Change: 0% · Conversion: Moderate
RESTAURANT
$700,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $900k (May 13 2022)
Last sale anchor
$900k
May 13 2022
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
$154 / 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
$26,748
Tax year 2022
Assessed value
$814,000
Assessed 2023
Previous assessed
$814,000
+0.0% YoY
Effective rate
3.29%
On assessed value
Assessed land
$521,400
Assessed improvement
$292,600
Land market value
$521,400
Improvement market value
$292,600
Total market value
$814,000
Applied tax rate
5.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
NONE
Units
1
Total area
5,977 SF
Lot
0.4 ac (17,380 SF)
APN
05 00093-0000-00003
UPID
US59-2071183
Jurisdiction
PASSAIC
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$955,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$750,000
RESTAURANT
Est. value
$700,000
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
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
Heating
NONE
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
R E M 117 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3 UNIVERSITY PLZ STE #207, HACKENSACK, NJ 07601-6219
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
$950,000
R E M 117 LLC
Jsl Properties LLC
Deed
—
May 13, 2022
$900,000
Jsl Properties LLC
Mcdonough Realty Limited INC
Deed
$720,000 · Vast Bank NA
Nov 20, 1997
$90,000
Fausto Tatis
De Angelo,
Grant Deed
$89,928 · First National Funding Group
Feb 19, 1997
$47,000
Cassandra Leach
Paterson,habitat
Grant Deed
$48,410 · Seller
Jan 15, 1993
$45,000
Patricia Williams
Human,pt Habitat
Grant Deed
$45,000 · Sellers Financed
Oct 21, 1992
$45,000
Patricia Williams
Unknown
Grant Deed
—
—
—
Mcdonough Realty Ltd INC
—
Deed Of Trust
related
$830,000 · First Hope Bank
—
—
Mcdonough Realty Limited INC
—
Deed Of Trust
related
$780,000 · First Hope 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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