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Property profile & analytics
OFF-MARKET
Commercial real estate
37 Park Ave 39 Park Ridge, NJ 07656-1232
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US59-0115500
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.23 ac (10,001 SF)
APN
47 01505-0000-00004
UPID
US59-0115500
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
-
Astro Auto Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Nail Plus PR Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
37-39 Park LLC · 8 yrs held
37-39 Park LLC
since 2018
7 recorded transactions
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 Park Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Park Ridge 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$19,541
Tax year 2022
Assessed value
$632,600
Assessed 2023
Previous assessed
$632,600
+0.0% YoY
Effective rate
3.09%
On assessed value
Assessed land
$350,000
Assessed improvement
$282,600
Land market value
$350,000
Improvement market value
$282,600
Total market value
$632,600
Applied tax rate
47.0000
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
Heating
NONE
Stories
2
Lot
0.23 ac (10,001 SF)
APN
47 01505-0000-00004
UPID
US59-0115500
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
Heating
NONE
Stories
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
37-39 Park LLC
Entity
Mailing address
40 SUNRISE DR, MONTVALE, NJ 07645-1030
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Apr 16, 2018
$925,000
37-39 Park LLC
Rch Vi-nj LLC
Grant Deed
—
Mar 24, 2017
—
Rch Vi-nj LLC
Sheriff Of Bergen County|37 Park Ridge LLC
Trustees Deed
related
—
Feb 26, 2007
$625,000
37 Park Ridge LLC
Lucia,jeffrey W
Grant Deed
—
Jan 9, 2006
$1
Jeffrey W Lucia
Lucia,florence A
Quit Claim Deed
related
—
—
—
37 Park Ridge LLC
—
Deed Of Trust
related
$500,000 · Royal Asian Bank
—
—
37 Park Ridge LLC
—
Deed Of Trust
related
$400,000 · Pong Kyu Kim
—
—
37 Park Ridge LLC
—
Deed Of Trust
related
$120,000 · Gihong Lee
—
—
37 Park Ridge LLC
—
Deed Of Trust
related
$880,000 · Shinhan Bank
—
—
37 Park Ridge LLC
—
Deed Of Trust
related
$200,000 · Bankasiana
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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