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Property profile & analytics
FOR LEASE
Industrial properties
1207 Tonnelle Ave North Bergen, NJ 07047
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-1047213
For Lease
1 / 2
$14,740,000
1207 Tonnelle Ave, North Bergen, NJ 07047
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1945
Construction
TYPE NOT SPECIFIED
Total area
25,413 SF
Lot
4 ac (174,240 SF)
Zoning code
I
APN
08 00035-0000-00003
UPID
US59-1047213
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
$11.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.74M
Owner & transaction history
Rlf III Tonnelle Ave Spe LLC · 4 yrs held
Rlf III Tonnelle Ave Spe LLC
since 2021
Last sale
$19.0M
4 recorded transactions
Zoning & alternative use
I · North Bergen, NJ
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 North Bergen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bergen 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
$11,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.74M
Range $13.27M – $16.21M · ±10% · vs last sale $19.00M (Aug 17 2021)
Last sale anchor
$19.00M
Aug 17 2021
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
$580 / 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
$272,704
Tax year 2022
Assessed value
$17,270,700
Assessed 2023
Previous assessed
$17,270,700
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$12,318,700
Assessed improvement
$4,952,000
Land market value
$12,318,700
Improvement market value
$4,952,000
Total market value
$17,270,700
Applied tax rate
8.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1945
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Total area
25,413 SF
Lot
4 ac (174,240 SF)
Zoning code
I
APN
08 00035-0000-00003
UPID
US59-1047213
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
I · North Bergen, NJ
Zoning I · permitted uses
I · North Bergen, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Bergen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Lot
4 ac
Current owner
From public records · entity-resolved
Rlf III Tonnelle Ave Spe LLC
Entity
Mailing address
1717 ARCH ST STE #3820, PHILADELPHIA, PA 19103-2761
Ownership since
2021
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
Aug 17, 2021
$19,000,000
Rlf III Tonnelle Ave Spe LLC
Dalor LLC
Bargain And Sale Deed
—
Apr 24, 2017
—
Dalor LLC
—
Deed
related
$4,900,000 · Capital One NA
Jun 18, 2004
$4,500,000
Dalor LLC
Imper Realty Corp
Grant Deed
$3,000,000 · Washington Mutual Fsb
—
—
Imper Realty Corp
—
Deed Of Trust
related
$1,700,000 · Palisades Regional Inv Fund
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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