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Property profile & analytics
OFF-MARKET
Estimated value
$9,420,000
Commercial real estate
17-17 Riv Rd, Fair Lawn, NJ 07410-1205
Entity Owned
Absentee Owner
Free & Clear
Property ID
US59-1648008
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1999
Total area
50,792 SF
Lot
6.45 ac (280,962 SF)
Zoning code
B-4
APN
17 05722-0000-00002
UPID
US59-1648008
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
$8.35M
CAP Approach
CAP
$10.90M
Comparable Approach
Comparable
$10.09M
Blend (final)
Blend
$9.42M
Owner & transaction history
Baps Clifton Fair Lawn LLC
Baps Clifton Fair Lawn LLC
since 2025
4 recorded transactions
Zoning & alternative use
B-4 · Fair Lawn, 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 Fair Lawn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Lawn 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
$8,350,000
ML approach
$8,350,000
CAP Approach
CAP Return
Estimation
6%
$11,810,000
6.5%
$10,900,000
7%
$10,120,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$14,870,000
Current use
OFFICE BUILDING
$12,270,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$9.42M
Range $8.48M – $10.36M · ±10%
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
$185 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$648,156
Tax year 2023
Assessed value
$17,964,400
Assessed 2024
Previous assessed
$17,964,400
+0.0% YoY
Effective rate
3.61%
On assessed value
Land market value
$11,029,500
Improvement market value
$6,970,500
Total market value
$18,000,000
Applied tax rate
17.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1999
Heating
NONE
Units
1
Total area
50,792 SF
Lot
6.45 ac (280,962 SF)
Zoning code
B-4
APN
17 05722-0000-00002
UPID
US59-1648008
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B-4 · Fair Lawn, NJ
Zoning B-4 · permitted uses
B-4 · Fair Lawn, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Lawn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$14.9M
OFFICE BUILDING
Est. value
$12.3M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
Year built
1999
Heating
NONE
Units
1
Lot
6.45 ac
Current owner
From public records · entity-resolved
Baps Clifton Fair Lawn LLC
Entity
Free & Clear · 0 yrs held
Mailing address
399 MONMOUTH ST, EAST WINDSOR, NJ 08520-5003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Aug 27, 2025
—
Baps Clifton Fair Lawn LLC
Bochasanwaski Shri Akshar Purushott
Deed
—
Jul 18, 2025
$14,000,000
Bocuasanwasi Shri Akshar Purushotta
17 77 River LLC
Deed
—
Sep 6, 2024
$316,704
Marc A Goldschmidt
Bon Marc Realty Co LLC
Deed
—
Sep 6, 2024
$8,350,000
17 77 River LLC
Robert E Goldschmidt
Deed
—
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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