Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3814 Bergenline Ave Union City, NJ 07087-4849

    • Banks
    • 3,534 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-2068094
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wells Fargo Bank / Bank / Atm
    • Wells Fargo ATM / Atm

    Property Details for 3814 Bergenline Ave

    Year built
    1928
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.08 lot acres
    Property size
    3,534 SF
    Property type
    Banks
    APN
    10 00225-0000-00018
    APU
    1000225000000018

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $575,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $575,000
      Market price range: $296k - $575k

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $380,000
      Current use
      COMMERCIAL (GENERAL)
      $405,000
      Change: +6% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0262
    Latitude
    40.7756
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,596
    $666,000
    $2,524,700
    $3,190,700
    -
    $666,000
    $2,524,700
    $3,190,700

    Comparable in this City

    • Value Estimation by Request
      0.35 Acres

      614 Smt Ave

      FINANCIAL BUILDING • 0.35 Acres
      614 Smt Ave, Union City, NJ 07087-3450
      View Details
    • Value Estimation
      $2,300,000
      4,468 SF

      4200 Bergenline Ave

      FINANCIAL BUILDING • 4,468 SF
      4200 Bergenline Ave, Union City, NJ 07087-4924
      View Details
    • Value Estimation
      $575,000
      8,280 SF

      800 Smt Ave

      FINANCIAL BUILDING • 8,280 SF
      800 Smt Ave, Union City, NJ 07087-5508
      View Details
    • Value Estimation by Request
      0.17 Acres

      4800 Bergenline Ave, Unit 04

      FINANCIAL BUILDING • 0.17 Acres
      4800 Bergenline Ave, Union City, NJ 07087-5113
      View Details
    • Value Estimation by Request
      4,950 SF

      1020 Smt Ave

      FINANCIAL BUILDING • 4,950 SF
      1020 Smt Ave, Union City, NJ 07087-5512
      View Details
    • Value Estimation
      $2,185,000
      0.10 Acres

      3201 Bergenline Ave

      FINANCIAL BUILDING • 0.10 Acres
      3201 Bergenline Ave, Union City, NJ 07087-3918
      View Details

    Similar Nearby for Sale

    • $6,655,000

      Union City Retail Property

      Retail property for sale in Union City, New Jersey.
      3601 Kennedy Blvd, Union City, NJ 07087
      View Details
    • $1,400,000
      4,800 SF

      Mixed-Use Property with Income Streams

      Mixed-use property featuring residential and commercial spaces.
      1012 New York Ave, Union City, NJ 07087
      View Details
    • $1,698,000

      Union City Mixed-Use Investment

      Mixed-use property with residential and commercial units in Union City.
      814-816 Summit Ave, Union City, NJ 07087
      View Details
    • $899,000

      Mixed-Use Property in Union City

      Union City mixed-use property with apartments and commercial space.
      1011 Summit Ave, Union City, NJ 07087
      View Details
    • $699,000

      Mixed-Use Property in Union City

      Mixed-use property with commercial storefront and residential apartment near transportation.
      1303 Summit Ave, Union City, NJ 07087
      View Details
    • $1,475,000

      Retail Property on Bergenline Avenue

      Three-level retail space on Bergenline Avenue with high pedestrian traffic.
      4003 Bergenline Ave, Union City, NJ 07087
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,403 SF

      Prime Corner Retail Space Available

      High-visibility 4,403 SF commercial space on Bergenline Avenue.
      3201 Bergenline Ave, Union City, NJ 07087
      View Details
    • $24 SF/Yr
      1,900 SF

      Union City Commercial Condo - 1900 SF

      Prime Union City location, versatile space, high foot traffic.
      910 Summit Ave, Union City, NJ 07087
      View Details
    • $2,900 /Mo
      436 SF

      Retail Space in Union City

      Retail space available for rent in Union City, New Jersey.
      4306 John F. Kennedy, Union City, NJ 07087
      View Details
    • $2,000 /Mo

      Prime Retail Space on Bergenline

      High-visibility 600 sq ft retail space on Bergenline Avenue.
      4419 Bergenline Ave, Union City, NJ 07087
      View Details
    • $20 SF/Yr

      Union City Retail/Warehouse Space

      7,200 SF retail/warehouse space in Union City.
      420 34Th St, Union City, NJ 07087
      View Details
    • $11,500 /Mo

      Retail Space for Lease

      Retail space available for lease in Union City, NJ.
      4415 Park Ave, Union City, NJ 07087
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3814 Bergenline Ave
    Union City, NJ 07087-4849
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.