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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Commercial real estate
369 Midland Ave, Paramus, NJ 07652-5721
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1993745
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1953
Construction
FRAME
Total area
1,875 SF
Lot
0.26 ac (11,500 SF)
APN
46 05812-0000-00008
UPID
US59-1993745
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
-
Midland Deli & Grill Food Market Restaurant
-
Midland Deli Food Market Restaurant
-
Bitcoin ATM Paramus - Coinhub Atm Currency Exchange Service
-
PureCoin Bitcoin ATM Atm
-
Empire ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
$400k
Comparable Approach
Comparable
$797k
Blend (final)
Blend
$620k
Owner & transaction history
Jc Midland Realty LLC · 2 yrs held
Jc Midland Realty LLC
since 2023
Last sale
$600,000
1 recorded transaction
Zoning & alternative use
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 Paramus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paramus 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
$645,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
$435,000
6.5%
$400,000
7%
$375,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $600k (Aug 17 2023)
Last sale anchor
$600k
Aug 17 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
$331 / 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
$13,585
Tax year 2022
Assessed value
$915,700
Assessed 2023
Previous assessed
$915,700
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$337,900
Assessed improvement
$577,800
Land market value
$337,900
Improvement market value
$577,800
Total market value
$915,700
Applied tax rate
46.0000
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
1953
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Total area
1,875 SF
Lot
0.26 ac (11,500 SF)
APN
46 05812-0000-00008
UPID
US59-1993745
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
Building & site characteristics
From public records
Year built
1953
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Jc Midland Realty LLC
Entity
Mailing address
414 ACORN DR, PARAMUS, NJ 07652-4144
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2023
$600,000
Jc Midland Realty LLC
Ramridge Corporation
Deed
$300,000 · Td 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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