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Property profile & analytics
OFF-MARKET
Estimated value
$23,000,000
Industrial properties
231 Main St 235, Little Falls, NJ 07424-1346
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-1409564
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
TYPE NOT SPECIFIED
Total area
5,520 SF
Lot
2 ac (87,120 SF)
Zoning code
L1
APN
05 00079-0000-00001- 02
UPID
US59-1409564
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
$23.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.00M
Owner & transaction history
Ta Hampshire Fairfalls Jv LLC · 1 yrs held
Ta Hampshire Fairfalls Jv LLC
since 2024
Last sale
$23.0M
3 recorded transactions
Zoning & alternative use
L1 · Little Falls, 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 Little Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little Falls 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
$23,000,000
ML approach
$23,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$23.00M
Range $20.70M – $25.30M · ±10% · vs last sale $23.00M (Sep 5 2024)
Last sale anchor
$23.00M
Sep 5 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
$4,167 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$94,358
Tax year 2023
Assessed value
$2,875,000
Assessed 2024
Previous assessed
$2,875,000
+0.0% YoY
Effective rate
3.28%
On assessed value
Assessed land
$700,000
Assessed improvement
$2,175,000
Land market value
$700,000
Improvement market value
$2,175,000
Total market value
$2,875,000
Applied tax rate
5.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
TYPE NOT SPECIFIED
Heating
NONE
Units
1
Total area
5,520 SF
Lot
2 ac (87,120 SF)
Zoning code
L1
APN
05 00079-0000-00001- 02
UPID
US59-1409564
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
L1 · Little Falls, NJ
Zoning L1 · permitted uses
L1 · Little Falls, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Little Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
TYPE NOT SPECIFIED
Heating
NONE
Units
1
Lot
2 ac
Current owner
From public records · entity-resolved
Ta Hampshire Fairfalls Jv LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1 FEDERAL ST STE #750, BOSTON, MA 02110-2012
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2024
$23,000,000
Ta Hampshire Fairfalls Jv LLC
Colfin 2019 4 Industrial Owner LLC
Grant Deed
—
Jun 21, 2019
$14,500,000
Colfin 2019-4 Indl Owner LLC
231 Main Street Huh LLC
Grant Deed
—
—
—
2 Stewart Place Huh LLC
—
Deed Of Trust
$34,800,000 · Swiss Re Life & Health America
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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