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Property profile

189 Greenwood Ave Midland Park, NJ 07432

FOR LEASE
Other industrial properties
View Listing
Property ID
US59-1501690
8,489 SF 0.17 ac lot Built 2000
Last sale Aug 2017 · $885,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A renovated flex property located at 189 Greenwood Avenue, comprising approximately 8,000 square feet across two floors. The first level integrates warehouse and showroom space and includes a loading-dock-connected room, storage areas, a private office, and one bathroom. The second floor spans approximately 2,500 square feet with an open-plan area suited to showroom, workshop, or office uses, along with four private offices, a full kitchen, a full bathroom, two large storage rooms, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$29k
Tax billed · 2022
Assessed value · 2023$899k
Assessed land$498k
Assessed improvement$400k
Effective rate3.25%

Value estimate

· Oct 2026
$1.17M
$1.05M – $1.28M
CAP approach$1.47M
Submarket $/SF estimate$765k
NOI build-up
Gross scheduled income$170k
Vacancy & credit loss−$10k
Operating expenses−$48k
NOI · 1,403.03% cap applied$112k

Realmo valuation models over county records and 26 qualifying comparable sales.

Recently sold

What actually traded nearby?
$224/SF
County average, outlier-cleaned · 207 recorded sales of this use type
Observed band · Q1–Q3$160 – $337
Qualifying comparables26

Cap rate analysis

How does the asset earn?
1,403.03%
$112k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.4
Restaurant20.7
Hair Salon17.5

Location

189 Greenwood Ave Midland Park, NJ 07432
County assessor Recorded deeds · 1 transfer 26 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
231 Greenwood, Midland Park, NJ 07432-1494 $1,477,000 Mar 2022 21,340 SF
95 Greenwood, Midland Park, NJ 07432-1569 $1,226,640 Feb 2022 13,509 SF
268 Greenwood, Midland Park, NJ 07432-1445 $990,000 Apr 2020 8,784 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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