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Property profile & analytics
OFF-MARKET
Estimated value
$4,070,000
Office buildings
1195 Hamburg Tpke Wayne, NJ 07470-5055
Entity Owned
2-yr Hold
Free & Clear
Property ID
US59-1494163
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
18,384 SF
Lot
1.46 ac (63,510 SF)
Zoning code
B
APN
14 02711-0000-00106
UPID
US59-1494163
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
-
Top Garage door repair Building Supply General Contractor
-
Raymond James Financial Services Financial Advisor
-
New Century Asset Management Financial Advisor
-
Robert Thomas Securities Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.19M
CAP Approach
CAP
$4.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.07M
Owner & transaction history
1195 1207 Hamburg Tpke LLC · 2 yrs held
1195 1207 Hamburg Tpke LLC
since 2024
Last sale
$4.0M
4 recorded transactions
Zoning & alternative use
B · Wayne, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.0M
+92.7%
Industrial (general)
$3.2M
+1.1%
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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
$4,095,000
ML approach
$4,190,000
CAP Approach
CAP Return
Estimation
6%
$5,000,000
6.5%
$4,615,000
7%
$4,285,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,135,000
Current use
COMMERCIAL (GENERAL)
$6,045,000
Change: +93% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,170,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$4.07M
Range $3.66M – $4.48M · ±10% · vs last sale $4.00M (Nov 2 2022)
Last sale anchor
$4.00M
Nov 2 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
$221 / 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
$67,492
Tax year 2022
Assessed value
$1,193,700
Assessed 2023
Previous assessed
$1,193,700
+0.0% YoY
Effective rate
5.65%
On assessed value
Assessed land
$510,300
Assessed improvement
$683,400
Land market value
$510,300
Improvement market value
$683,400
Total market value
$1,193,700
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1971
Heating
NONE
Total area
18,384 SF
Lot
1.46 ac (63,510 SF)
Zoning code
B
APN
14 02711-0000-00106
UPID
US59-1494163
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B · Wayne, NJ
Zoning B · permitted uses
B · Wayne, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wayne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$6.0M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1971
Heating
NONE
Lot
1.46 ac
Current owner
From public records · entity-resolved
1195 1207 Hamburg Tpke LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1015 HIGH MTN RD, FRANKLIN LAKES, NJ 07417-1247
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2024
—
1195 1207 Hamburg Tpke LLC
1195 1207 Hamburg Tpke LLC
Intrafamily Transfer
related
—
Nov 2, 2022
$4,000,000
1195 & 1207 Hamburg Tpke LLC
Valley National Bank
Deed
$2,000,000 · Provident Bank
Oct 18, 1988
$1,700,000
Wayne Savings & Loan Association
Unknown
Grant Deed
related
—
—
—
Timothy Ryan
—
Deed Of Trust
related
$100,000 · Wayne Savings 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.
Try Rey
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