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Property profile & analytics
FOR LEASE
Commercial real estate
260 W Crescent Ave, Allendale, NJ 07401
Entity Owned
14-yr Hold
Free & Clear
Property ID
US59-0527103
For Lease
$3,615,000
260 W Crescent Ave, Allendale, NJ 07401
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
27,783 SF
Lot
2 ac (87,120 SF)
APN
01 01005-0000-00001
UPID
US59-0527103
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
-
Complete Game Sports Field & Court Sports School
-
Borst Landscape & Design | Design, Maintenance & Organic Lawncare | Northern NJ Landscaping
-
Taejoon Han Physician
-
The Firehouse Softball Training Center Training Center
-
The Epic Spine and Sports Center of Physical Therapy and Chiropractor in Bergen County NJ Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$3.62M
Owner & transaction history
County Of Bergen · 14 yrs held
County Of Bergen
since 2012
7 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 Allendale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allendale 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.62M
Range $3.25M – $3.98M · ±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
$130 / 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
$101,415
Tax year 2022
Assessed value
$4,869,100
Assessed 2023
Previous assessed
$4,869,100
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$760,000
Assessed improvement
$4,109,100
Land market value
$760,000
Improvement market value
$4,109,100
Total market value
$4,869,100
Applied tax rate
1.0000
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
For Lease
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
27,783 SF
Lot
2 ac (87,120 SF)
APN
01 01005-0000-00001
UPID
US59-0527103
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
County Of Bergen
Entity
Free & Clear · 14 yrs held
Mailing address
260 W CRES AVE STE #1, ALLENDALE, NJ 07401-1532
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2012
—
County Of Bergen
Bilmar Properties LLC
Grant Deed
related
—
Mar 29, 2010
—
Bilmar Properties LLC
—
Deed Of Trust
related
$1,470,000 · Atlantic Stewardship Bank
—
—
Bilmar Properties LLC
—
Deed Of Trust
related
$800,000 · Pascack Community Bank
—
—
Bilmar Properties LLC
—
Deed Of Trust
related
$2,700,000 · Pascack Community Bank
—
—
Bilmar Properties LLC
—
Deed Of Trust
related
$3,576,586 · Lakeland Bk
—
—
Howard C Hutt
—
Deed Of Trust
related
$335,000 · First Keystone Fsb
—
—
Bilmar Properties LLC
—
Deed Of Trust
related
$480,000 · Atlantic Stewardship 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.
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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