Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Commercial real estate
187 Shr Ave Bogota, NJ 07603-1432
Entity Owned
6-yr Hold
Free & Clear
Property ID
US59-2130207
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1925
Construction
BRICK
Lot
0.13 ac (5,519 SF)
Zoning code
B2
APN
04 00060-0000-00001
UPID
US59-2130207
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
Current use
Occupant on record · Public records
-
Paper and Plastic Needs Inc. Big Box & Wholesale Store
-
Ultra Garage Door Repairs Building Supply General Contractor
-
Lift Garage Doors Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
187 West Shore LLC · 6 yrs held
187 West Shore LLC
since 2020
Last sale
$500,000
1 recorded transaction
Zoning & alternative use
B2 · Bogota, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Residential/Multi-Family, Senior Citizen R-2 One- and Two-Family Residential R-3 Multi-Family Residential R-4 Residential/Multi-Family Senior Citizen PD Planned Development AR Age Restricted Housing B-1 Business, Retail B-2 Business B-3 Business, Office I Industrial P Parkland § 21A-7.2 Zoning Map. [Ord. #1007, A-7; Ord. No. 1247 , S1; Ord. #1256, S1; Ord. #…
Zone name
Business
General category
INDUSTRIAL
Zone area
4.07 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 Bogota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bogota 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
$585,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $500k (Jan 28 2020)
Last sale anchor
$500k
Jan 28 2020
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
$23,614
Tax year 2022
Assessed value
$475,000
Assessed 2023
Previous assessed
$475,000
+0.0% YoY
Effective rate
4.97%
On assessed value
Assessed land
$165,500
Assessed improvement
$309,500
Land market value
$165,500
Improvement market value
$309,500
Total market value
$475,000
Applied tax rate
4.0000
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
1925
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.13 ac (5,519 SF)
Zoning code
B2
APN
04 00060-0000-00001
UPID
US59-2130207
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B2 · Bogota, NJZoning B2 · permitted uses
B2 · Bogota, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Residential/Multi-Family, Senior Citizen R-2 One- and Two-Family Residential R-3 Multi-Family Residential R-4 Residential/Multi-Family Senior Citizen PD Planned Development AR Age Restricted Housing B-1 Business, Retail B-2 Business B-3 Business, Office I Industrial P Parkland § 21A-7.2 Zoning Map. [Ord. #1007, A-7; Ord. No. 1247 , S1; Ord. #1256, S1; Ord. #1268, S1; Ord. #1282, S6] The location and boundaries of said districts are hereby
Zone name
Business
General category
INDUSTRIAL
Zone area
4.07 ac
Building & site characteristics
From public records
Year built
1925
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
187 West Shore LLC
Entity
Free & Clear · 6 yrs held
Mailing address
44 OLYMPIA LN, MONSEY, NY 10952-2836
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2020
$500,000
187 West Shore LLC
Hildebrandt Properties LLC
Grant 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.
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?”
You own 187 Shr Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
