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Property profile & analytics
OFF-MARKET
Estimated value
$2,480,000
Commercial real estate
35 Palisade Ave Englewood, NJ 07631-2901
Entity Owned
3-yr Hold
Free & Clear
Property ID
US59-1210470
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Construction
TYPE NOT SPECIFIED
Total area
8,653 SF
Lot
0.2 ac (8,899 SF)
Zoning code
CBD1
APN
15 01206-0000-00015
UPID
US59-1210470
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
-
Mardo's Gifts at Buckley's Drug Store Pharmacy
-
Gilbert Dominguez, R Pharmacy
-
Richard H. Moskin, RPH Pharmacy
-
Buckley's Drug Store Inc Pharmacy
-
Antioch Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.86M
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$2.48M
Owner & transaction history
1 5 E Palisade Ave LLC · 3 yrs held
1 5 E Palisade Ave LLC
since 2023
Last sale
$2.5M
2 recorded transactions
Zoning & alternative use
CBD1 · Englewood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
$2,680,000
ML approach
$2,860,000
CAP Approach
CAP Return
Estimation
6%
$2,010,000
6.5%
$1,855,000
7%
$1,725,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,175,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,845,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$2.48M
Range $2.23M – $2.73M · ±10% · vs last sale $2.50M (Jun 12 2023)
Last sale anchor
$2.50M
Jun 12 2023
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
$287 / 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
$70,319
Tax year 2022
Assessed value
$2,384,500
Assessed 2023
Previous assessed
$2,384,500
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$1,644,900
Assessed improvement
$739,600
Land market value
$1,644,900
Improvement market value
$739,600
Total market value
$2,384,500
Applied tax rate
15.0000
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
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
Year built
2000
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Units
1
Total area
8,653 SF
Lot
0.2 ac (8,899 SF)
Zoning code
CBD1
APN
15 01206-0000-00015
UPID
US59-1210470
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
CBD1 · Englewood, NJ
Zoning CBD1 · permitted uses
CBD1 · Englewood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Englewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
2000
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Units
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
1 5 E Palisade Ave LLC
Entity
Free & Clear · 3 yrs held
Mailing address
35 E PALISADE AVE #105, ENGLEWOOD, NJ 07631-2901
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$2,500,000
1 5 E Palisade Ave LLC
Amen Realty INC
Deed
—
Oct 28, 2004
—
Amen Realty INC
—
Trustees Deed
related
$775,000 · Wachovia Bank NA
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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