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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Commercial real estate
341 Rdg Rd, Lyndhurst, NJ 07071-2246
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0189194
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
BRICK
Total area
4,188 SF
Lot
0.12 ac (5,306 SF)
APN
32 00087-0000-00006
UPID
US59-0189194
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
-
Monica's Sass N Frass Discount Store
-
Lem Investment Group Llc Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$926k
Blend (final)
Blend
$930k
Owner & transaction history
341 Ridge Bsd LLC · 1 yrs held
341 Ridge Bsd LLC
since 2025
Last sale
$945,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+14.8%
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 Lyndhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lyndhurst 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
$705,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$880,000
Current use
OFFICE BUILDING
$1,010,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $945k (Jan 30 2025)
Last sale anchor
$945k
Jan 30 2025
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
$222 / 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
$20,472
Tax year 2022
Assessed value
$1,064,300
Assessed 2023
Previous assessed
$1,064,300
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$294,000
Assessed improvement
$770,300
Land market value
$294,000
Improvement market value
$770,300
Total market value
$1,064,300
Applied tax rate
32.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Construction
BRICK
Heating
NONE
Stories
3
Total area
4,188 SF
Lot
0.12 ac (5,306 SF)
APN
32 00087-0000-00006
UPID
US59-0189194
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$880,000
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
Construction
BRICK
Heating
NONE
Stories
3
Lot
0.12 ac
Current owner
From public records · entity-resolved
341 Ridge Bsd LLC
Entity
Mailing address
235 S HARRISON STSTE100, EAST ORANGE, NJ 07018-1463
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2026
—
341 Ridge Bsd LLC
—
Deed
related
$1,400,000 · Five Rivers Bank
Jun 23, 2025
—
341 Ridge Bsd LLC
—
Deed
related
$1,050,000 · Broadview Capital LLC
Jun 13, 2025
—
341 Ridge Bsd LLC
Pl Acquisition Five LLC
Deed
$1,050,000 · Broadview Capital LLC
Jan 30, 2025
$14,656
Pl Acquisition Five LLC
County Of Bergen
Deed
related
—
Jan 10, 2025
—
341 Ridge Bsd LLC
—
Deed
related
$1,050,000 · Broadview Capital LLC
Nov 14, 2024
$14,656
Pl Acquisition Five LLC
County Of Bergen
Deed
related
—
May 6, 2021
—
Pl Acquisition Five LLC
—
Deed
related
$8,558,840 · Icecap Real Estate Loan Fund I LLC
Dec 18, 2020
—
Pl Acquisition Five LLC
—
Deed
related
$11,500,000 · Skw Nj Mf Portfolio Lender LLC
Nov 13, 2020
$945,000
Pl Acquisition Five LLC
Stefan Malyniak
Grant Deed
—
—
—
Pl Acquisition Five LLC
—
Deed Of Trust
related
$11,500,000 · Skw Nj Mf Portfolio Lender LLC
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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