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    Property profile & analytics

    318 Broad Ave Leonia, NJ 07605-1820

    • Office buildings
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $2,965,000
    Last Sale
    Feb 07, 2024
    $2,950,000
    Location Intelligence
    Property ID
    US59-2013223
    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

    • Wedding Baby Family Portrait Photography Studio | Zoene Photo / Photography Studio
    • The Zoene Studio / Photography Studio / Photographer
    • Top-Best Chimney's & Fireplace Center DFHW / Carpenter

    Property Details for 318 Broad Ave

    Year built
    1935
    Construction
    BRICK
    Lot size
    0.13 lot acres
    Property type
    Office buildings
    APN
    29 01208-0000-00003
    APU
    2901208000000003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,205,000
      6.5%
      $2,680,000
      7%
      $3,010,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,860,000
      Geo Method
      $2,730,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,965,000
      Retail
      $3,490,000
      Mixed-Use
      $3,130,000
      Hospitality
      $3,670,000
      Educational
      $3,340,000
      Residential Income
      $3,275,000
      Energy
      $3,525,000
      Income-Based Land
      $3,080,000
      Food Service
      $2,840,000

    Location Insight

    • Map
    • Local Demand
    City
    Leonia
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9883
    Latitude
    40.8618
    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
    2022
    $50,944
    $340,400
    $1,259,600
    $1,600,000
    -
    $340,400
    $1,259,600
    $1,600,000

    Comparable in this City

    • Value Estimation
      $390,000
      0.14 Acres

      310 Broad Ave

      OFFICE BUILDING • 0.14 Acres
      310 Broad Ave, Leonia, NJ 07605-1871
      View Details
    • Value Estimation by Request
      0.54 Acres

      120 Schor Ave

      OFFICE BUILDING • 0.54 Acres
      120 Schor Ave, Leonia, NJ 07605-2208
      View Details
    • Value Estimation by Request
      0.31 Acres

      345 Grand Ave

      OFFICE BUILDING • 0.31 Acres
      345 Grand Ave, Leonia, NJ 07605-2238
      View Details
    • Value Estimation
      $405,000
      0.18 Acres

      390 Broad Ave

      OFFICE BUILDING • 0.18 Acres
      390 Broad Ave, Leonia, NJ 07605
      View Details
    • Value Estimation
      $4,790,000
      0.16 Acres

      382 Broad Ave

      COMMERCIAL (GENERAL) • 0.16 Acres
      382 Broad Ave, Leonia, NJ 07605-1731
      View Details
    • Value Estimation by Request
      3.36 Acres

      2 Christie Hts

      COMMERCIAL (GENERAL) • 3.36 Acres
      2 Christie Hts, Leonia, NJ 07605-2233
      View Details

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    Similar Nearby for Lease

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      Office space for lease in mixed-use building, various sizes.
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      Well-maintained office space in Leonia's downtown business district.
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      370 SF office space with utilities included in rent.
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      Office space for rent near the George Washington Bridge.
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      Office Space in Leonia Business Center

      Office space for rent in Leonia, utilities included.
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    • $1,300 /Mo

      Prime Office Space in Leonia

      370 SF office space in central Leonia, utilities included.
      353 Broad Ave, Leonia, NJ 07605
      View Details
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    318 Broad Ave
    Leonia, NJ 07605-1820
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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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