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Property profile & analytics
OFF-MARKET
Estimated value
$15,690,000
Office buildings
1445 Vly Rd Wayne, NJ 07470-8438
Entity Owned
2-yr Hold
Free & Clear
Property ID
US59-1303883
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
59,000 SF
Lot
5 ac (217,800 SF)
APN
14 03103-0000-00019
UPID
US59-1303883
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
-
Marc Lordi Financial Advisor
-
Alphonse Danubio Financial Advisor
-
Pat Butler Financial Advisor
-
Metro Title and Settlement Insurance Agency
-
Valley Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.70M
CAP Approach
CAP
$14.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.69M
Owner & transaction history
Avb Wayne Valley LLC · 2 yrs held
Avb Wayne Valley LLC
since 2023
Last sale
$17.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$19.4M
+92.7%
Industrial (general)
$10.2M
+1.1%
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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
$17,725,000
ML approach
$11,700,000
CAP Approach
CAP Return
Estimation
6%
$16,050,000
6.5%
$14,815,000
7%
$13,755,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,065,000
Current use
COMMERCIAL (GENERAL)
$19,395,000
Change: +93% · Conversion: Easy
INDUSTRIAL (GENERAL)
$10,180,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$15.69M
Range $14.12M – $17.26M · ±10% · vs last sale $17.10M (Sep 28 2023)
Last sale anchor
$17.10M
Sep 28 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
$266 / 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
$248,776
Tax year 2022
Assessed value
$4,400,000
Assessed 2023
Previous assessed
$4,400,000
+0.0% YoY
Effective rate
5.65%
On assessed value
Assessed land
$2,500,000
Assessed improvement
$1,900,000
Land market value
$2,500,000
Improvement market value
$1,900,000
Total market value
$4,400,000
Applied tax rate
14.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Total area
59,000 SF
Lot
5 ac (217,800 SF)
APN
14 03103-0000-00019
UPID
US59-1303883
Jurisdiction
PASSAIC
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
OFFICE BUILDING Current
Est. value
$10.1M
COMMERCIAL (GENERAL)
Est. value
$19.4M
INDUSTRIAL (GENERAL)
Est. value
$10.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (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
Heating
NONE
Lot
5 ac
Current owner
From public records · entity-resolved
Avb Wayne Valley LLC
Entity
Free & Clear · 2 yrs held
Mailing address
105 ELM ST STE #1, WESTFIELD, NJ 07090-3143
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2023
$17,100,000
Avb Wayne Valley LLC
Valley National Bank
Deed
—
Apr 21, 2014
$4,250,000
Valley Natl Bk
Elmwood Park Investment Assocs
Grant Deed
—
Apr 12, 2005
$2,440,000
Educare Holding LLC
Kinder Care Real Estate LLC
Grant Deed
—
—
—
Narendra B Rana
—
Deed Of Trust
related
$160,000 · Valley National 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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