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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Office buildings
12-45 Riv Rd, Fair Lawn, NJ 07410-1812
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-1166490
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1957
Total area
3,833 SF
Lot
0.26 ac (11,204 SF)
Zoning code
B-4
APN
17 05611-0000-00061
UPID
US59-1166490
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
-
JERSEYSLEEP SLEEP CENTER SERVICES Medical Clinic
-
Sales Team Staffing, Inc. Employment Agency
-
Love Scents Candle® Department Store
-
Zachary Lemonade Stand Cafe & Coffee Shop Take-out & Catering
-
Alba CPA & Associates Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$842k
Blend (final)
Blend
$920k
Owner & transaction history
River Rd Realty LLC · 4 yrs held
River Rd Realty LLC
since 2022
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
B-4 · Fair Lawn, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+21.2%
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 Fair Lawn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Lawn 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
$1,000,000
ML approach
$1,055,000
CAP Approach
CAP Return
Estimation
6%
$1,045,000
6.5%
$960,000
7%
$895,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$925,000
Current use
COMMERCIAL (GENERAL)
$1,120,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $900k (May 26 2022)
Last sale anchor
$900k
May 26 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
$240 / 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
$23,199
Tax year 2022
Assessed value
$650,000
Assessed 2023
Previous assessed
$650,000
+0.0% YoY
Effective rate
3.57%
On assessed value
Assessed land
$467,400
Assessed improvement
$182,600
Land market value
$467,400
Improvement market value
$182,600
Total market value
$650,000
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1957
Heating
NONE
Units
1
Total area
3,833 SF
Lot
0.26 ac (11,204 SF)
Zoning code
B-4
APN
17 05611-0000-00061
UPID
US59-1166490
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B-4 · Fair Lawn, NJ
Zoning B-4 · permitted uses
B-4 · Fair Lawn, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Lawn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$925,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
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
1957
Heating
NONE
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
River Rd Realty LLC
Entity
Mailing address
12-45 RIV RD, FAIR LAWN, NJ 07410-1812
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Oct 11, 2022
—
Jwcc River Road LLC
—
Deed
related
$800,000 · Columbia Bank
May 26, 2022
$900,000
River Rd Realty LLC
Gold Circle Investments II LLC
Deed
—
Jan 7, 2021
$775,000
Gold Circle Investments II LLC
Wallace Property Group LLC
Grant Deed
$136,500 · Wallace Property Group LLC
Dec 27, 2004
$635,000
Wallace Property Group LLC
Kornheimer LLC
Grant Deed
—
Mar 12, 1997
$346,000
Kornheimer,llc
Mella,lorraine B
Grant Deed
—
—
—
Wallace Property Group LLC
—
Deed Of Trust
related
$50,000 · Pnc Bank
—
—
Wallace Property Group LLC
—
Deed Of Trust
related
$100,000 · Pnc 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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