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Property profile & analytics
OFF-MARKET
Estimated value
$4,045,000
Office buildings
307 Hamburg Tpke Wayne, NJ 07470-2175
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-0278698
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1958
Total area
30,504 SF
Lot
1.46 ac (63,554 SF)
Zoning code
R-B
APN
14 02901-0000-00104
UPID
US59-0278698
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
-
Elite Surgical Center Medical Clinic
-
Labcorp Blood Testing Service Diagnostic Center
-
TONY WANICH Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.87M
Blend (final)
Blend
$4.05M
Owner & transaction history
Passaic County (nj) · 22 yrs held
Passaic County (nj)
since 2003
7 recorded transactions
Zoning & alternative use
R-B · Wayne, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$5.3M
+1.1%
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
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
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,205,000
Current use
INDUSTRIAL (GENERAL)
$5,265,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$4.05M
Range $3.64M – $4.45M · ±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
$133 / 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
$110,451
Tax year 2022
Assessed value
$1,953,500
Assessed 2023
Previous assessed
$1,953,500
+0.0% YoY
Effective rate
5.65%
On assessed value
Assessed land
$364,800
Assessed improvement
$1,588,700
Land market value
$364,800
Improvement market value
$1,588,700
Total market value
$1,953,500
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1958
Heating
NONE
Units
1
Total area
30,504 SF
Lot
1.46 ac (63,554 SF)
Zoning code
R-B
APN
14 02901-0000-00104
UPID
US59-0278698
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R-B · Wayne, NJ
Zoning R-B · permitted uses
R-B · Wayne, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wayne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.2M
INDUSTRIAL (GENERAL)
Est. value
$5.3M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Units
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Passaic County (nj)
Entity
Mailing address
8 CHIMNEY LN, WAYNE, NJ 07470-2002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2020
—
B & D Inv Props LLC
—
Deed
related
$1,195,599 · Bank Of America
Nov 24, 2003
—
Passaic County (nj)
B D Investment Properties LLC
Grant Deed
related
—
Jan 9, 2001
—
B Properties
Thomas,benard
Grant Deed
related
—
Oct 31, 2000
$375,000
Benard Thomas
Torbet,grace L
Grant Deed
—
Oct 31, 2000
—
Grace Torbet
Platt,diane
Grant Deed
related
—
—
—
B Ll
—
Deed Of Trust
related
$2,100,000 · Atlantic Stewardship Bank
—
—
B Ll
—
Deed Of Trust
related
$2,100,000 · Atlantic Stewardship Bank
—
—
B & D Inv Props LLC
—
Loan Modification
related
$1,195,599 · Bank Of America
—
—
B & D Investment Properties LLC
—
Deed Of Trust
related
$1,993,232 · 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.
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