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Property profile & analytics
OFF-MARKET
Estimated value
$9,905,000
Industrial properties
13 Division St Fairview, NJ 07022-1564
Entity Owned
5-yr Hold
Free & Clear
Property ID
US59-2089250
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1961
Construction
BRICK
Lot
2.13 ac (92,783 SF)
Zoning code
I
APN
18 00501-0000-00013
UPID
US59-2089250
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
$11.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.91M
Owner & transaction history
Fairview Spe LLC · 5 yrs held
Fairview Spe LLC
since 2021
Last sale
$8.9M
3 recorded transactions
Zoning & alternative use
I · Fairview, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ermitted for in the following districts, and as regulated herein. a. R-D - Medium Density Garden Apartment Zone District b. R-E - Senior Housing Zone District c. R-F - High Density High Rise Residential Zone District d. I - Industry Zone District e. The following requirements shall be applicable to lots with more than one principal building: 1. The front, si…
Zone name
Industry
General category
INDUSTRIAL
Zone area
78.91 ac
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 Fairview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairview 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
$10,910,000
ML approach
$11,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.91M
Range $8.91M – $10.90M · ±10% · vs last sale $8.86M (Apr 19 2021)
Last sale anchor
$8.86M
Apr 19 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
—
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
$164,252
Tax year 2022
Assessed value
$7,723,200
Assessed 2023
Previous assessed
$7,723,200
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$1,065,000
Assessed improvement
$6,658,200
Land market value
$1,065,000
Improvement market value
$6,658,200
Total market value
$7,723,200
Applied tax rate
18.0000
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
1961
Construction
BRICK
Heating
NONE
Stories
1
Lot
2.13 ac (92,783 SF)
Zoning code
I
APN
18 00501-0000-00013
UPID
US59-2089250
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
I · Fairview, NJZoning I · permitted uses
I · Fairview, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ermitted for in the following districts, and as regulated herein. a. R-D - Medium Density Garden Apartment Zone District b. R-E - Senior Housing Zone District c. R-F - High Density High Rise Residential Zone District d. I - Industry Zone District e. The following requirements shall be applicable to lots with more than one principal building: 1. The front, side and rear yard requirements shall be complied with for all buildings; 2. The of
Zone name
Industry
General category
INDUSTRIAL
Zone area
78.91 ac
Building & site characteristics
From public records
Year built
1961
Construction
BRICK
Heating
NONE
Stories
1
Lot
2.13 ac
Current owner
From public records · entity-resolved
Fairview Spe LLC
Entity
Free & Clear · 5 yrs held
Mailing address
7501 WISCONSIN AVE STE 1300W, BETHESDA, MD 20814-6569
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2021
$8,860,000
Fairview Spe LLC
13 Division Street LLC
Deed
—
Apr 19, 2021
—
13 Division Street LLC
15 Division Street LLC
Correction Deed
related
—
Nov 30, 2017
—
13 Division Street LLC
Bonanno R/e Group II LP
Grant Deed
related
—
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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