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    Property profile & analytics

    28 Park Way Upper Saddle River, NJ 07458-2311

    • Commercial real estate
    • 31,200 SF
    • 2.08 lot acres
    OFF-MARKET
    Value Estimation
    $715,000
    Location Intelligence
    Property ID
    US59-1728437
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 3rd Party Logistics Group Inc / Warehouse
    • Star Buds Recreational Marijuana Dispensary / Cannabis Store

    Property Details for 28 Park Way

    Year built
    1980
    Lot size
    2.08 lot acres
    Property size
    31,200 SF
    Property type
    Commercial real estate
    APN
    63 01301-0000-00001- 19
    APU
    630130100000000119

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $695,000

    • CAP approach

      CAP return
      Estimation
      6%
      $745,000
      6.5%
      $765,000
      7%
      $755,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $780,000
      Geo Method
      $880,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $920,000
      Retail
      $690,000
      Mixed-Use
      $820,000
      Hospitality
      $855,000
      Educational
      $900,000
      Residential Income
      $925,000
      Energy
      $690,000
      Income-Based Land
      $950,000
      Food Service
      $695,000

    Location Insight

    • Map
    • Local Demand
    City
    Upper Saddle River
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1219
    Latitude
    41.0503
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,214
    $729,400
    $448,600
    $1,178,000
    -
    $729,400
    $448,600
    $1,178,000

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      379 State Rt 17

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    • Value Estimation by Request
      3.27 Acres

      200 State Rt 17

      COMMERCIAL (GENERAL) • 3.27 Acres
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    • Value Estimation by Request
      41,448 SF

      26 Park Way

      COMMERCIAL (GENERAL) • 41,448 SF
      26 Park Way, Saddle River, NJ 07458
      View Details
    • Value Estimation by Request
      6,272 SF

      335 State Rt 17

      COMMERCIAL (GENERAL) • 6,272 SF
      335 State Rt 17, Upper Saddle River, NJ 07458-2307
      View Details
    • Value Estimation
      $475,000
      7,384 SF

      76 Brookside Dr

      COMMERCIAL (GENERAL) • 7,384 SF
      76 Brookside Dr, Upper Saddle River, NJ 07458-1921
      View Details
    • Value Estimation
      $1,260,000
      1.50 Acres

      640 Cres Ave

      COMMERCIAL (GENERAL) • 1.50 Acres
      640 Cres Ave, Saddle River, NJ 07458
      View Details

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    28 Park Way
    Upper Saddle River, NJ 07458-2311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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