Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
375 State Rt 17 Mahwah, NJ 07430-2137
Entity Owned
7-yr Hold
Free & Clear
Property ID
US59-1569838
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Lot
0.59 ac (25,657 SF)
Zoning code
B40
APN
33 00063-0000-00003
UPID
US59-1569838
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
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
375 17 Fahmie LLC · 7 yrs held
375 17 Fahmie LLC
since 2019
2 recorded transactions
Zoning & alternative use
B40 · Mahwah, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Conditional Uses. 1. See Attachment 4 - Schedule of District Use Regulations. e. Off-street parking requirements. 1. Parking shall comply with § 24-3.7 . f. Signs. 1. Signage shall comply with § 24-6 , signs. § 24-4.16 B40. Highway Business. [Amended 10-15-2020 by Ord. No. 1916 ; 3-10-2022 by Ord. No. 1958 ] Editor's Note: The schedules are included as attac…
Zone name
Highway Business
General category
COMMERCIAL
Zone area
137.12 ac
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 Mahwah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mahwah 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
$26,594
Tax year 2022
Assessed value
$1,348,600
Assessed 2023
Previous assessed
$1,348,600
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$560,500
Assessed improvement
$788,100
Land market value
$560,500
Improvement market value
$788,100
Total market value
$1,348,600
Applied tax rate
33.0000
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
1960
Heating
NONE
Stories
1
Lot
0.59 ac (25,657 SF)
Zoning code
B40
APN
33 00063-0000-00003
UPID
US59-1569838
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B40 · Mahwah, NJZoning B40 · permitted uses
B40 · Mahwah, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Conditional Uses. 1. See Attachment 4 - Schedule of District Use Regulations. e. Off-street parking requirements. 1. Parking shall comply with § 24-3.7 . f. Signs. 1. Signage shall comply with § 24-6 , signs. § 24-4.16 B40. Highway Business. [Amended 10-15-2020 by Ord. No. 1916 ; 3-10-2022 by Ord. No. 1958 ] Editor's Note: The schedules are included as attachments to this chapter . a. Permitted Uses. 1. See Attachment 4 - Schedule of Dist
Zone name
Highway Business
General category
COMMERCIAL
Zone area
137.12 ac
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
375 17 Fahmie LLC
Entity
Free & Clear · 7 yrs held
Mailing address
322 BUCHANAN ST APT #604, HOLLYWOOD, FL 33019-1225
Ownership since
2019
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
Feb 13, 2019
—
375 17 Fahmie LLC
375 RT 17 Fahmie LLC
Quit Claim Deed
related
—
May 7, 2009
—
375 RT 17 Fahmie LLC
Fahmie,elias JR
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 375 State Rt 17?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
