Entity Owned 
For Lease
1 / 5
$550-$2,000/Mo
302 Main St, Fort Lee, NJ 07024
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Property summary
AI-generated overview
This property is a multi-tenant office building with available office space located on the second floor. The building is situated at the corner of Main Street and Center Avenue in Fort Lee, with the entrance on Main Street. The second-floor offices are configured in multiple unit sizes of approximately 125, 200, 300, and 800 square feet. The units can be combined to form a larger office space of approximately 1,825 square feet, and the offices have carpeted floors.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Construction
FRAME
Total area
8,022 SF
Lot
0.11 ac (5,001 SF)
Zoning code
C1
APN
19 04151-0000-00029
UPID
US59-2758667
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Specialty Food Shop (Bike/Boat/Book/etc) Store
-
(Bike/Boat/Book/etc) Store
-
Cafe & Coffee Shop
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.72M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
since 2012
5 recorded transactions
Zoning & alternative use
C1 · Fort Lee, NJ
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 32 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.52M
Value range
$1.36M – $1.67M
±10% around blend
Estimated value / SF
$189 / SF
Confidence
High
32 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$1.36M
blend $1.52M
$1.67M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,022 SF
Lot area
0.11 ac
Year built
1910
Stories
4
APN
19 04151-0000-00029
Zoning
C1
Assessed value
$1,595,800
Annual tax
$39,624
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.72M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.87M
@ 6.5% CAP return
$1.72M
@ 7% CAP return
$1.60M
4
Sales comparison
Partial preview
Sales approach indication
$4.90M
Weighted, 20 comps · high confidence
Evidence
32 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.7 mi away · 7,548 SF
2.4 mi away · 7,562 SF
2.8 mi away · 7,064 SF
3.8 mi away · 6,600 SF
4.2 mi away · 9,333 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.52M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 43 sales
$455
-58%
Submarket 42 sales
$462
-59%
County 855 sales
$293
-35%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $189/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 32 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.60M
Move the market yield to see immediate price impact.
Value / SF
$199
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$101k
$2.01M
$1.44M
$1.12M
$112k
$2.23M
$1.60M
$1.24M
$123k
$2.46M
$1.76M
$1.37M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
32 found
High confidence · county-verified
Closest comparable
$4.20M
0.3 mi · Oct 2025 · $429/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$39,624
Tax year 2022
Assessed value
$1,595,800
Assessed 2023
Previous assessed
$1,595,800
+0.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$750,000
Assessed improvement
$845,800
Land market value
$750,000
Improvement market value
$845,800
Total market value
$1,595,800
Applied tax rate
19.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1910
Construction
FRAME
Heating
NONE
Stories
4
Total area
8,022 SF
Lot
0.11 ac (5,001 SF)
Zoning code
C1
APN
19 04151-0000-00029
UPID
US59-2758667
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C1 · Fort Lee, NJZoning C1 · permitted uses
C1 · Fort Lee, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
NONE
Stories
4
Lot
0.11 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C1
Jurisdiction
Fort Lee, NJ
Recorded code
C1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Fort Lee, NJ.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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