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Property profile & analytics
FOR SALE
Banks
1475 Bergen Blvd Fort Lee, NJ 07024
Entity Owned
14-yr Hold
Free & Clear
Property ID
US59-1410592
For Sale
1 / 15
$370,000
1475 Bergen Blvd, Fort Lee, NJ 07024
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1981
Construction
TYPE NOT SPECIFIED
Total area
91,890 SF
Lot
9.48 ac (412,949 SF)
Zoning code
C5
APN
19 02651-0000-00001
UPID
US59-1410592
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.41M
Owner & transaction history
Makatto Com LLC · 14 yrs held
Makatto Com LLC
since 2011
3 recorded transactions
Zoning & alternative use
C5 · Fort Lee, 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 Fort Lee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lee 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
$37 / 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
$460,569
Tax year 2022
Assessed value
$18,548,900
Assessed 2023
Previous assessed
$18,548,900
+0.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$11,850,000
Assessed improvement
$6,698,900
Land market value
$11,850,000
Improvement market value
$6,698,900
Total market value
$18,548,900
Applied tax rate
19.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
For Sale
Year built
1981
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
91,890 SF
Lot
9.48 ac (412,949 SF)
Zoning code
C5
APN
19 02651-0000-00001
UPID
US59-1410592
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C5 · Fort Lee, NJ
Zoning C5 · permitted uses
C5 · Fort Lee, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
9.48 ac
Current owner
From public records · entity-resolved
Makatto Com LLC
Entity
Free & Clear · 14 yrs held
Mailing address
2600 MAIN ST, SAYREVILLE, NJ 08872-1462
Ownership since
2011
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
Jul 28, 2011
$27,750,000
Makatto Com LLC
Creamer,j Fletcher & Katherine I
Grant Deed
—
Jul 31, 2006
$1
J Fletcher Creamer
Creamer,j Fletcher
Quit Claim Deed
related
—
—
—
J L Creamer
—
Deed Of Trust
related
$11,500,000 · Variable Annuity Life Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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