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Property profile & analytics
OFF-MARKET
Estimated value
$3,150,000
Commercial real estate
219 Ramapo Vly Rd Mahwah, NJ 07430-1637
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-0637257
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1946
Construction
STONE
Total area
9,104 SF
Lot
2.6 ac (113,212 SF)
APN
33 00132-0000-00003- 01
UPID
US59-0637257
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
-
Mason Jar Family Restaurant and Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.15M
CAP Approach
CAP
$1.96M
Comparable Approach
Comparable
$3.23M
Blend (final)
Blend
$3.15M
Owner & transaction history
Ramapo Mahwah LLC · 2 yrs held
Ramapo Mahwah LLC
since 2024
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.0M
+12.2%
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
$3,150,000
ML approach
$3,150,000
CAP Approach
CAP Return
Estimation
6%
$2,115,000
6.5%
$1,955,000
7%
$1,815,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,665,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,990,000
Change: +12% · Conversion: Moderate
OFFICE BUILDING
$2,200,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$3.15M
Range $2.84M – $3.47M · ±10% · vs last sale $3.15M (Jan 31 2024)
Last sale anchor
$3.15M
Jan 31 2024
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
$346 / 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
$53,530
Tax year 2022
Assessed value
$2,714,500
Assessed 2023
Previous assessed
$2,714,500
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$1,329,500
Assessed improvement
$1,385,000
Land market value
$1,329,500
Improvement market value
$1,385,000
Total market value
$2,714,500
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
1946
Construction
STONE
Heating
NONE
Stories
2
Total area
9,104 SF
Lot
2.6 ac (113,212 SF)
APN
33 00132-0000-00003- 01
UPID
US59-0637257
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1946
Construction
STONE
Heating
NONE
Stories
2
Lot
2.6 ac
Current owner
From public records · entity-resolved
Ramapo Mahwah LLC
Entity
Mailing address
6 WESTBELT, WAYNE, NJ 07470-6810
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2024
$3,150,000
Ramapo Mahwah LLC
Brew Land Limited Liability Company
Deed
—
Mar 27, 2020
—
Brew Land LLC
—
Deed
related
$1,067,000 · Pursuit Cdc
Mar 9, 2016
—
Brew Land LLC
Brew Land LLC
Quit Claim Deed
—
Dec 8, 2009
$2,900,000
Brew Land LLC
Belisonzi,robert M
Grant Deed
—
Dec 8, 2009
—
Brew Land LLC
—
Trustees Deed
related
$800,000 · Fort Lee Fsb
—
—
Brew Land LLC
—
Deed Of Trust
related
$1,574,000 · Td Bk NA
—
—
Brew Land LLC
—
Deed Of Trust
related
$1,067,000 · Pursuit Cdc
—
—
Bre Land Ltd Liability Compnay
—
Deed Of Trust
related
$1,036,000 · Td Bk NA
—
—
Brew Land LLC
—
Deed Of Trust
related
$230,000 · Joel Weiss
—
—
Brew Land LLC
—
Deed Of Trust
related
$808,000 · New Jersey Busn Fin
—
—
Belisonzi,robert
—
Deed Of Trust
related
$1,250,000 · Bergen Com'l Bk
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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