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    156 Ramapo Vly Rd Mahwah, NJ 07430-1199
    Property profile & analytics

    156 Ramapo Vly Rd, Mahwah, NJ 07430-1199

    View on Map

    • Commercial real estate
    • 10,562 SF
    • 2.00 lot acres
    Off-Market
    Last Sale Mar 5, 2024
    $1,900,000
    Property ID
    US59-1291852
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,900,000
    Show details
    Cap Rate Potential
    7.8%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Dr. Armand Cuppi, DMD / Dental Office
    • Cohen Orthodontics / Dental Office
    • Ramapo Mountain / Park
    • Ann Marie Hembrough / Physician
    • Cuppi Armon DDS / Dental Office

    Property Details for 156 Ramapo Vly Rd

    Year built
    1960
    Lot size
    2.00 lot acres
    Zone code
    B40
    Property type
    Commercial real estate
    APN
    33 00051-0000-00008
    APU
    3300051000000008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 5, 2024 — 156 Rvrcom LLC — Deed · related $792k · Trenton Business Assistance Corporation
    Mar 5, 2024 $1,900,000 156 Rvrcom LLC Ramapo River Associates LLC Deed $967k · First Citizens Bank & Trust Co
    Nov 27, 2017 — Ramapo River Associates LLC — Deed · related $150k · Lakeland Bk
    — — Ramapo River Associates LLC — Deed Of Trust · related $500k · Lakeland Bank
    — — Ramapo River Associates LLC — Deed Of Trust · related $700k · Provident Savings Bank
    — — Ramapo River Associates LLC — Deed Of Trust · related $150k · Lakeland Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,900,000
      ML approach
      $1,900,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,455,000
      6.5%
      $2,265,000
      7%
      $2,105,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,113,000
      Market price range: $2.08M - $4.41M
      AI Estimate
      $1,303,000
      Market price range: $966k - $2.77M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,090,000
      Current use
      OFFICE BUILDING
      $2,550,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mahwah
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1583
    Latitude
    41.1004
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,153
    $1,154,300
    $620,500
    $1,774,800
    -
    $1,154,300
    $620,500
    $1,774,800
    More about this property
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