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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Commercial real estate
140 Palisade Ave Bogota, NJ 07603-1616
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US59-2819342
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1920
Construction
TYPE NOT SPECIFIED
Total area
5,211 SF
Lot
0.17 ac (7,501 SF)
Zoning code
R1
APN
04 00099-0000-00014
UPID
US59-2819342
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
-
Petrik Funeral Home Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Petrik Funeral Property LLC · 18 yrs held
Petrik Funeral Property LLC
since 2007
2 recorded transactions
Zoning & alternative use
R1 · Bogota, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
[Ord. #1007, A7; Ord. #1091, SII; Ord. #1256, S1; Ord. #1268, S1; Ord. #1282, S6] For the purpose of this chapter, the Borough of Bogota is hereby divided into use districts as follows: Zone Designation Zone Description R-1 One-Family Residential R-1A One-Family Residential/Multi-Family, Senior Citizen R-2 One- and Two-Family Residential R-3 Multi-Family Res…
Zone name
One Family Residential
General category
RESIDENTIAL
Zone area
306.65 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 Bogota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bogota 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$139 / 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
$22,333
Tax year 2022
Assessed value
$528,600
Assessed 2023
Previous assessed
$528,600
+0.0% YoY
Effective rate
4.22%
On assessed value
Assessed land
$135,000
Assessed improvement
$393,600
Land market value
$135,000
Improvement market value
$393,600
Total market value
$528,600
Applied tax rate
4.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1920
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
5,211 SF
Lot
0.17 ac (7,501 SF)
Zoning code
R1
APN
04 00099-0000-00014
UPID
US59-2819342
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R1 · Bogota, NJZoning R1 · permitted uses
R1 · Bogota, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
[Ord. #1007, A7; Ord. #1091, SII; Ord. #1256, S1; Ord. #1268, S1; Ord. #1282, S6] For the purpose of this chapter, the Borough of Bogota is hereby divided into use districts as follows: Zone Designation Zone Description R-1 One-Family Residential R-1A One-Family Residential/Multi-Family, Senior Citizen R-2 One- and Two-Family Residential R-3 Multi-Family Residential R-4 Residential/Multi-Family Senior Citizen PD Planned Development AR Age
Zone name
One Family Residential
General category
RESIDENTIAL
Zone area
306.65 ac
Building & site characteristics
From public records
Year built
1920
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Petrik Funeral Property LLC
Entity
Mailing address
140 PALISADE AVE, BOGOTA, NJ 07603-1616
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2007
$500,000
Petrik Funeral Property LLC
Schmitt,james & Irene
Grant Deed
$500,000 · James & Irene Schmitt
Apr 4, 2007
$500,000
James Schmitt
Petrik,shirley B
Grant Deed
$500,000 · Shirley B Petrik
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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