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Property profile & analytics
OFF-MARKET
Estimated value
$6,165,000
Industrial properties
159 Paris Ave Northvale, NJ 07647-2029
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0938110
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1956
Construction
TYPE NOT SPECIFIED
Lot
3.63 ac (158,123 SF)
APN
40 00902-0000-00004
UPID
US59-0938110
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
$6.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.17M
Owner & transaction history
Northvale Business Park LLC · 4 yrs held
Northvale Business Park LLC
since 2022
Last sale
$5.9M
6 recorded transactions
Zoning & alternative use
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 Northvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northvale 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
$6,490,000
ML approach
$6,480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.17M
Range $5.55M – $6.78M · ±10% · vs last sale $5.85M (Jan 14 2022)
Last sale anchor
$5.85M
Jan 14 2022
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
—
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
$90,570
Tax year 2022
Assessed value
$2,999,000
Assessed 2023
Previous assessed
$2,999,000
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$1,152,000
Assessed improvement
$1,847,000
Land market value
$1,152,000
Improvement market value
$1,847,000
Total market value
$2,999,000
Applied tax rate
40.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1956
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
3.63 ac (158,123 SF)
APN
40 00902-0000-00004
UPID
US59-0938110
Jurisdiction
BERGEN
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
Building & site characteristics
From public records
Year built
1956
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
3.63 ac
Current owner
From public records · entity-resolved
Northvale Business Park LLC
Entity
Mailing address
10 LENORE AVE, MONSEY, NY 10952-2705
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2022
—
Northvale Business Park LLC
—
Deed
related
$3,800,000 · Oceanfirst Bank
Jan 14, 2022
$5,850,000
Northvale Business Park LLC
Legend Holdings LLC
Bargain And Sale Deed
—
Jun 26, 2019
—
Us Legend Hldg LLC
—
Deed
related
$630,000 · Us Metro Bank
Jun 28, 2017
—
Legend Holding LLC
—
Deed
related
$2,300,000 · Haven Savings Bank
Apr 5, 2012
$2,465,000
Legend Holdings LLC
Aerco Intl INC
Grant Deed
$1,250,000 · First Constitution Bank
—
—
Legend Holdings LLC
—
Deed Of Trust
related
$630,000 · Us Metro Bk
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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