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Property profile & analytics
FOR LEASE
Community centers
216 Bergen Blvd Fairview, NJ 07022
Entity Owned
17-yr Hold
Free & Clear
Property ID
US59-1211129
For Lease
1 / 2
$25 SF/Yr
216 Bergen Blvd, Fairview, NJ 07022
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1997
Lot
0.3 ac (13,251 SF)
Zoning code
B
APN
18 00309-0000-00001
UPID
US59-1211129
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
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Fairview Bergen Properties LLC · 17 yrs held
Fairview Bergen Properties LLC
since 2008
6 recorded transactions
Zoning & alternative use
B · Fairview, 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 Fairview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairview 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
—
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
$71,331
Tax year 2022
Assessed value
$3,209,600
Assessed 2023
Previous assessed
$3,209,600
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$943,100
Assessed improvement
$2,266,500
Land market value
$943,100
Improvement market value
$2,266,500
Total market value
$3,209,600
Applied tax rate
18.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1997
Heating
NONE
Stories
1
Lot
0.3 ac (13,251 SF)
Zoning code
B
APN
18 00309-0000-00001
UPID
US59-1211129
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B · Fairview, NJ
Zoning B · permitted uses
B · Fairview, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairview. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Fairview Bergen Properties LLC
Entity
Free & Clear · 17 yrs held
Mailing address
2035 STATE RTE 27TH STE #2150, EDISON, NJ 08817-3351
Ownership since
2008
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
Jun 22, 2022
—
Fairview Bergen Properties LLC
—
Deed
related
$75,000,000 · Ctbc Bank Corp USA
Dec 14, 2017
—
Fairview Bergen Properties LLC
—
Deed
related
$5,914,659 · Cathay Bk
Jul 18, 2008
$3,500,000
Fairview Bergen Properties LLC
Tpk Realty Corp
Grant Deed
—
—
—
Fairview Bergen Properties LLC
—
Loan Modification
related
$5,914,659 · Cathay Bk
—
—
Tpk Realty Corp
—
Deed Of Trust
related
$3,300,000 · Paragon FCU
—
—
Tpk Realty Corp
—
Deed Of Trust
related
$1,800,000 · Paragon FCU
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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