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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Industrial properties
128 Railroad Ave Hackensack, NJ 07601-3404
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-0063519
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
CONCRETE BLOCKS
Total area
7,920 SF
Lot
0.14 ac (6,199 SF)
APN
23 00221-0000-00011- 01
UPID
US59-0063519
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
$1.63M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.62M
Owner & transaction history
128 Rr Ave LLC · 3 yrs held
128 Rr Ave LLC
since 2023
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.6M
+59.4%
Office building
$1.9M
+17.2%
Commercial (general)
$1.7M
+6.1%
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 Hackensack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hackensack 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
$1,630,000
ML approach
$1,625,000
CAP Approach
CAP Return
Estimation
6%
$1,480,000
6.5%
$1,370,000
7%
$1,270,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,635,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,600,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$1,915,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,735,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10% · vs last sale $1.60M (Jun 27 2023)
Last sale anchor
$1.60M
Jun 27 2023
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
$204 / 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
$35,300
Tax year 2022
Assessed value
$1,492,000
Assessed 2023
Previous assessed
$1,492,000
+0.0% YoY
Effective rate
2.37%
On assessed value
Assessed land
$290,000
Assessed improvement
$1,202,000
Land market value
$290,000
Improvement market value
$1,202,000
Total market value
$1,492,000
Applied tax rate
23.0000
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
Off-Market
Year built
1986
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
7,920 SF
Lot
0.14 ac (6,199 SF)
APN
23 00221-0000-00011- 01
UPID
US59-0063519
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
OFFICE BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1986
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
128 Rr Ave LLC
Entity
Mailing address
128 RAILROAD AVE, HACKENSACK, NJ 07601-3404
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2023
$1,600,000
128 Rr Ave LLC
Daniel Anthony Cubicciotti
Deed
$1,150,000 · Cubicciotti Charitable Remainder Annuity
Jan 27, 2023
—
Daniel Anthony Cubicciotti JR
Daniel A Cubicciotti JR
Intrafamily Transfer
related
—
Nov 29, 2004
$1
Daniel A Cubicciotti JR.
Cubicciotti,judith
Grant Deed
related
—
—
—
Daniel A Cubicciotti JR.
—
Loan Modification
related
$547,595 · Valley Nat'l Bk
—
—
Daniel A Cubicciotti JR.
—
Deed Of Trust
related
$150,000 · Valley National Bank
—
—
Daniel Cubicciotti JR.
—
Deed Of Trust
related
$150,000 · Interchange Bank
—
—
Danson Sheet Motel INC
—
Deed Of Trust
related
$600,000 · Greater Community Bank
—
—
Dansons Sheet Metal INC
—
Deed Of Trust
related
$55,000 · Greater Community Bank
—
—
Dansons Sheet Metal INC
—
Deed Of Trust
related
$150,000 · Interchange Bank
—
—
Daniel A Cubicciotti JR.
—
Deed Of Trust
related
$150,000 · Interchange Bank
—
—
Dansons Sheet Metal INC
—
Deed Of Trust
related
$600,000 · Greater Community 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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