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Property profile & analytics
FOR SALE
Commercial real estate
263 Us Highway 46 Wayne, NJ 07470
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US59-1862811
For Sale
1 / 6
Contact for pricing
263 Us Highway 46, Wayne, NJ 07470
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
3 ac (130,680 SF)
Zoning code
B20
APN
14 00300-0000-00006- 01
UPID
US59-1862811
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Concord Wayne Hotel LLC
Concord Wayne Hotel LLC
since 2025
5 recorded transactions
Zoning & alternative use
B20 · Wayne, 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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$500,834
Tax year 2023
Assessed value
$7,398,600
Assessed 2024
Previous assessed
$7,398,600
+0.0% YoY
Effective rate
6.77%
On assessed value
Assessed land
$527,900
Assessed improvement
$6,870,700
Land market value
$527,900
Improvement market value
$6,870,700
Total market value
$7,398,600
Applied tax rate
14.0000
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
For Sale
Heating
NONE
Lot
3 ac (130,680 SF)
Zoning code
B20
APN
14 00300-0000-00006- 01
UPID
US59-1862811
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B20 · Wayne, NJZoning B20 · permitted uses
B20 · Wayne, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
3 ac
Current owner
From public records · entity-resolved
Concord Wayne Hotel LLC
Entity
Mailing address
536 HAIGHT AVE, POUGHKEEPSIE, NY 12603-2465
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2025
$17,250,000
Concord Wayne Hotel LLC
263 Hotel Group LLC
Deed
$16,460,000 · M & T Bank
Sep 9, 2019
—
263 Hotel Group LLC
—
Deed
related
$11,000,000 · United States Small Business Admin
Aug 8, 2019
—
263 Hotel Group LLC
—
Deed
related
$3,838,000 · Eastern American Certifed Dev
Jul 3, 2019
—
263 Hotel Group LLC
—
Deed
related
$11,000,000 · Mahopac Bank
—
—
263 Hotel Group LLC
—
Deed Of Trust
related
$3,838,000 · Eastern American Certifed Dev
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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