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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Commercial real estate
205 Fairview Ave, Westwood, NJ 07675-2224
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0087286
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1913
Construction
FRAME
Total area
1,826 SF
Lot
0.17 ac (7,501 SF)
APN
67 00811-0000-00005
UPID
US59-0087286
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
-
Magestic Systems Inc (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$390k
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$585k
Owner & transaction history
205 Fairview LLC · 4 yrs held
205 Fairview LLC
since 2021
Last sale
$592,500
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 Westwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westwood 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
$715,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$425,000
6.5%
$390,000
7%
$365,000
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $593k (Sep 23 2021)
Last sale anchor
$593k
Sep 23 2021
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
$320 / 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
$13,995
Tax year 2022
Assessed value
$594,100
Assessed 2023
Previous assessed
$594,100
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$337,500
Assessed improvement
$256,600
Land market value
$337,500
Improvement market value
$256,600
Total market value
$594,100
Applied tax rate
67.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1913
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
1,826 SF
Lot
0.17 ac (7,501 SF)
APN
67 00811-0000-00005
UPID
US59-0087286
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
1913
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
205 Fairview LLC
Entity
Mailing address
187 FAIRVIEW AVE, WESTWOOD, NJ 07675-2224
Ownership since
2021
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
Sep 23, 2021
$592,500
205 Fairview LLC
Msi Properties LLC
Deed
—
Aug 20, 2007
—
Msi Properties LLC
—
Trustees Deed
related
$491,176 · Wachovia Bank NA
Aug 29, 2005
$549,900
Msi Properties LLC
205 Fairview Ave LLC
Deed
—
—
—
Msi Properties LLC
—
Deed Of Trust
related
$360,922 · Pnc Bank
—
—
Msi Properties LLC
—
Deed Of Trust
related
$219,000 · New Jersey Business Fin Co
—
—
205 Fairview Ave LLC
—
Deed Of Trust
related
$50,000 · Interchange Bank
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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