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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Commercial real estate
385 Fairview Ave Fairview, NJ 07022-2489
Entity Owned
1-yr Hold
Free & Clear
Property ID
US59-2714895
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1907
Construction
BRICK
Total area
1,704 SF
Lot
0.08 ac (3,550 SF)
Zoning code
RC
APN
18 00218-0000-00015
UPID
US59-2714895
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
-
San Martin Restaurant
-
Farmacia Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Kuhadi Realty LLC · 1 yrs held
Kuhadi Realty LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
RC · Fairview, 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 Fairview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairview 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
$1,300,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.30M (Aug 26 2024)
Last sale anchor
$1.30M
Aug 26 2024
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
$763 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,722
Tax year 2023
Assessed value
$499,400
Assessed 2024
Previous assessed
$499,400
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$170,800
Assessed improvement
$328,600
Land market value
$170,800
Improvement market value
$328,600
Total market value
$499,400
Applied tax rate
18.0000
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
1907
Construction
BRICK
Heating
NONE
Stories
1
Total area
1,704 SF
Lot
0.08 ac (3,550 SF)
Zoning code
RC
APN
18 00218-0000-00015
UPID
US59-2714895
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
RC · Fairview, NJ
Zoning RC · permitted uses
RC · Fairview, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairview. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1907
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Kuhadi Realty LLC
Entity
Free & Clear · 1 yrs held
Mailing address
388 KENNEDY DR, FAIRVIEW, NJ 07022-1714
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2024
$1,300,000
Kuhadi Realty LLC
Gnlf LLC
Deed
—
Jan 11, 2019
—
Gnlf LLC
—
Deed
related
$1,100,000 · Fulton Bk/nj
Jan 6, 2015
$920,000
Gnlf LLC
Nikolaos Papanikolaou
Deed
—
Sep 21, 2006
$1
Nikolaos Papanikolaou
Papanikolaou,nikolaos
Grant Deed
related
$675,000 · Dime Savings Bank Williamsburg
Nov 4, 2005
—
Nikolaos Paranikoulaou
—
Trustees Deed
related
$550,000 · Dime Savings Bank Williamsburg
Jul 20, 2004
—
Nikolaos Papanikolaou
Papanikolaou,kleopatra
Quit Claim Deed
related
—
Jul 7, 1998
$210,000
Papanikolaou,anna & Androniki
Celidonio,john & Alice
Trustees Deed
—
Jul 7, 1998
$100
John Celidonio
Salvemini,louis A
Trustees Deed
related
—
—
—
Gnlf LLC
—
Deed Of Trust
related
$1,100,000 · Fulton Bk/nj
—
—
Nikolaos Papanikolaou
—
Deed Of Trust
related
$25,000 · John Psarianos
—
—
Nikolaos Papanikolaou
—
Deed Of Trust
related
$152,670 · Rrj Capital LLC
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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