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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Commercial real estate
185 State Rt 17 Mahwah, NJ 07430-1212
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-2105929
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Total area
10,744 SF
Lot
0.67 ac (29,098 SF)
Zoning code
B40
APN
33 00053-0000-00019- 01
UPID
US59-2105929
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
$1.04M
Blend (final)
Blend
$1.50M
Owner & transaction history
Anthony Sodono III · 3 yrs held
Anthony Sodono III
since 2022
5 recorded transactions
Zoning & alternative use
B40 · Mahwah, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Conditional Uses. 1. See Attachment 4 - Schedule of District Use Regulations. e. Off-street parking requirements. 1. Parking shall comply with § 24-3.7 . f. Signs. 1. Signage shall comply with § 24-6 , signs. § 24-4.16 B40. Highway Business. [Amended 10-15-2020 by Ord. No. 1916 ; 3-10-2022 by Ord. No. 1958 ] Editor's Note: The schedules are included as attac…
Zone name
Highway Business
General category
COMMERCIAL
Zone area
137.12 ac
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 Mahwah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mahwah 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±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
$139 / 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
$27,947
Tax year 2022
Assessed value
$1,417,200
Assessed 2023
Previous assessed
$1,417,200
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$658,800
Assessed improvement
$758,400
Land market value
$658,800
Improvement market value
$758,400
Total market value
$1,417,200
Applied tax rate
33.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1976
Heating
NONE
Stories
2
Total area
10,744 SF
Lot
0.67 ac (29,098 SF)
Zoning code
B40
APN
33 00053-0000-00019- 01
UPID
US59-2105929
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B40 · Mahwah, NJZoning B40 · permitted uses
B40 · Mahwah, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Conditional Uses. 1. See Attachment 4 - Schedule of District Use Regulations. e. Off-street parking requirements. 1. Parking shall comply with § 24-3.7 . f. Signs. 1. Signage shall comply with § 24-6 , signs. § 24-4.16 B40. Highway Business. [Amended 10-15-2020 by Ord. No. 1916 ; 3-10-2022 by Ord. No. 1958 ] Editor's Note: The schedules are included as attachments to this chapter . a. Permitted Uses. 1. See Attachment 4 - Schedule of Dist
Zone name
Highway Business
General category
COMMERCIAL
Zone area
137.12 ac
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
2
Lot
0.67 ac
Current owner
From public records · entity-resolved
Anthony Sodono III
Individual
Mailing address
75 LIVINGSTON AVE, ROSELAND, NJ 07068-3737
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
Anthony Sodono III
Godding Transport LLC
Assignment Of Deed
—
May 8, 2018
—
Wja Associates LLC
Wja Associates LLC
Quit Claim Deed
related
—
Aug 12, 2015
$1,250,000
Wja Associates LLC
185 Route 17 LLC
Grant Deed
—
Aug 7, 2013
—
185 Route 17 LLC
Eibert,erwin
Grant Deed
—
—
—
Eibert,erwin R
—
Deed Of Trust
related
$360,000 · Emigrant Fndg
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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