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Property profile & analytics
OFF-MARKET
Estimated value
$1,940,000
Commercial real estate
130-134 Sussex St 134, Hackensack, NJ 07601-4106
Entity Owned
3-yr Hold
Free & Clear
Property ID
US59-1856041
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1907
Construction
FRAME
Total area
2,166 SF
Lot
0.85 ac (37,200 SF)
Zoning code
M-1
APN
23 00219-0000-00009
UPID
US59-1856041
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
$1.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
Westnorm Development INC · 3 yrs held
Westnorm Development INC
since 2023
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
M-1 · Hackensack, 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 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
$1,875,000
ML approach
$1,885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10% · vs last sale $2.00M (Dec 3 2025)
Last sale anchor
$2.00M
Dec 3 2025
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
$896 / 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
$33,492
Tax year 2022
Assessed value
$753,200
Assessed 2023
Previous assessed
$753,200
+0.0% YoY
Effective rate
4.45%
On assessed value
Assessed land
$600,000
Assessed improvement
$153,200
Land market value
$600,000
Improvement market value
$153,200
Total market value
$753,200
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
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1907
Construction
FRAME
Heating
NONE
Stories
2
Total area
2,166 SF
Lot
0.85 ac (37,200 SF)
Zoning code
M-1
APN
23 00219-0000-00009
UPID
US59-1856041
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Hackensack, NJ
Zoning M-1 · permitted uses
M-1 · Hackensack, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hackensack. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1907
Construction
FRAME
Heating
NONE
Stories
2
Lot
0.85 ac
Current owner
From public records · entity-resolved
Westnorm Development INC
Entity
Free & Clear · 3 yrs held
Mailing address
28 SMT AVE, HACKENSACK, NJ 07601-1263
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2023
—
Westnorm Development INC
Falcon Management Group INC
Quit Claim Deed
related
—
May 24, 2022
$1,750,000
Falcon Management Group INC
Hhh Properties LLC
Deed
—
Jun 19, 2020
$400,000
Hhh Properties LLC
Sussex Of Myer LLC
Grant Deed
$400,000 · Sussex/myer LLC
Mar 4, 2020
—
Sussex Of Myer LLC
Sussex Of Myer LLC
Quit Claim Deed
related
—
Aug 13, 2008
—
Sussex Of Myer LLC
Carrino,adeline
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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