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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Banks
123 Rdg Rd 133, Lyndhurst, NJ 07071-1235
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US59-1775738
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1959
Total area
7,135 SF
Lot
0.46 ac (20,003 SF)
APN
32 00034-0000-00019
UPID
US59-1775738
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
-
Citizens Bank Loan Service
-
Citizens ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$641k
Blend (final)
Blend
$570k
Owner & transaction history
Manzo Doren Organization LLC · 14 yrs held
Manzo Doren Organization LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$870,000
+47.0%
Neighborhood: shopping center
$675,000
+13.4%
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 Lyndhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lyndhurst 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$595,000
Current use
COMMERCIAL (GENERAL)
$870,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$675,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$80 / 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
$44,877
Tax year 2022
Assessed value
$1,960,400
Assessed 2023
Previous assessed
$1,960,400
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$1,100,800
Assessed improvement
$859,600
Land market value
$1,100,800
Improvement market value
$859,600
Total market value
$1,960,400
Applied tax rate
32.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1959
Heating
NONE
Stories
1
Units
1
Total area
7,135 SF
Lot
0.46 ac (20,003 SF)
APN
32 00034-0000-00019
UPID
US59-1775738
Jurisdiction
BERGEN
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
FINANCIAL BUILDING Current
Est. value
$595,000
COMMERCIAL (GENERAL)
Est. value
$870,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$675,000
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1959
Heating
NONE
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Manzo Doren Organization LLC
Entity
Mailing address
351 W BROADWAY, PATERSON, NJ 07522-1978
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2022
—
Manzo Doren Organization Of Lyndhur
—
Deed
related
$1,610,000 · Unity Bank
Feb 7, 2020
—
Manzo Of Doren Org & Lyndhurst LLC
—
Deed
related
$1,475,000 · Sb One Bk
Jan 3, 2017
—
Manzo Doren Organization Of Lyndhur
—
Deed
related
$2,050,000 · Sussex Bank
Jan 26, 2012
$990,000
Manzo Doren Organization LLC
123 Ridge Road Corporation
Deed
$1,055,000 · Investors Bank & Trust Co
—
—
123 Ridge Rd Corp
—
Deed Of Trust
related
$500,000 · Carmen Rea
—
—
Manzo Of Doren Organization/lyndh
—
Deed Of Trust
related
$650,000 · Investors Bank & Trust
—
—
Manzo Of Doren Organization/lyndh
—
Deed Of Trust
related
$1,055,000 · Investors Bank & Trust
—
—
Manzo Of Doren Org & Lyndhurst LLC
—
Deed Of Trust
related
$1,475,000 · Sb One Bk
—
—
123 Ridge Road Corp
—
Deed Of Trust
related
$510,000 · Wawel Savings Bank
—
—
123 Ridge Road Corp
—
Deed Of Trust
related
$350,000 · Wawel 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.
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