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Property profile & analytics
OFF-MARKET
Estimated value
$5,250,000
Commercial real estate
386 Franklin Ave Wyckoff, NJ 07481-1932
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1183288
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
FRAME
Lot
0.24 ac (10,395 SF)
Zoning code
B1
APN
70 00251-0000-00001- 02
UPID
US59-1183288
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
-
Kumon Math and Reading Center of Wyckoff Training Center Tutoring Service
-
Knot Too Shaggy Pet Grooming Service
-
Robert Wolf / RE/MAX Hometowne Realty Real Estate Agency
-
Patrice Cornett, Re/Max HomeTowne Realty - Sales Associate Real Estate Agency
-
Skinplicity Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.25M
Owner & transaction history
386 Franklin Ave LLC · 2 yrs held
386 Franklin Ave LLC
since 2024
Last sale
$5.3M
6 recorded transactions
Zoning & alternative use
B1 · Wyckoff, 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 Wyckoff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wyckoff 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
$5,250,000
ML approach
$5,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.25M
Range $4.73M – $5.78M · ±10% · vs last sale $5.25M (Apr 24 2024)
Last sale anchor
$5.25M
Apr 24 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
—
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
$58,985
Tax year 2022
Assessed value
$3,202,200
Assessed 2023
Previous assessed
$3,202,200
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$1,009,700
Assessed improvement
$2,192,500
Land market value
$1,009,700
Improvement market value
$2,192,500
Total market value
$3,202,200
Applied tax rate
70.0000
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
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.24 ac (10,395 SF)
Zoning code
B1
APN
70 00251-0000-00001- 02
UPID
US59-1183288
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B1 · Wyckoff, NJ
Zoning B1 · permitted uses
B1 · Wyckoff, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wyckoff. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
386 Franklin Ave LLC
Entity
Mailing address
611 BUENA VIS WAY, WYCKOFF, NJ 07481-1302
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2024
$5,250,000
386 Franklin Ave LLC
Lime Realty Company
Deed
$3,675,000 · Ion Bank
Aug 15, 2011
—
Lime Realty Co
—
Deed Of Trust
related
$2,425,000 · Atlantic Stewardship Bank
Mar 25, 2009
—
Lime Realty Co
—
Trustees Deed
related
$500,000 · Atlantic Stewardship Bank
Aug 11, 2008
—
Lime Realty Co
—
Grant Deed
related
$1,750,000 · Atlantic Stewardship Bank
May 30, 2008
—
Lime Realty Company
Lime Realty Company
Quit Claim Deed
related
—
—
—
Lime Realty Co
—
Deed Of Trust
related
$250,000 · Atlantic Stewardship Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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