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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Commercial real estate
40-26 Broadway, Fair Lawn, NJ 07410-5504
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1645319
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Total area
9,875 SF
Lot
0.31 ac (13,560 SF)
APN
17 01205-0000-00051
UPID
US59-1645319
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
$2.29M
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.12M
Owner & transaction history
40 26 Broadway LLC · 2 yrs held
40 26 Broadway LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.2M
+12.2%
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 Fair Lawn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Lawn 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
$2,210,000
ML approach
$2,290,000
CAP Approach
CAP Return
Estimation
6%
$2,295,000
6.5%
$2,120,000
7%
$1,970,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,890,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,245,000
Change: +12% · Conversion: Moderate
OFFICE BUILDING
$2,385,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±10% · vs last sale $2.06M (Oct 20 2023)
Last sale anchor
$2.06M
Oct 20 2023
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
$214 / 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
$39,358
Tax year 2023
Assessed value
$1,100,000
Assessed 2024
Previous assessed
$1,100,000
+0.0% YoY
Effective rate
3.58%
On assessed value
Assessed land
$823,700
Assessed improvement
$276,300
Land market value
$823,700
Improvement market value
$276,300
Total market value
$1,100,000
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1980
Heating
NONE
Units
1
Total area
9,875 SF
Lot
0.31 ac (13,560 SF)
APN
17 01205-0000-00051
UPID
US59-1645319
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
40 26 Broadway LLC
Entity
Mailing address
280 N MIDLAND AVE, SADDLE BROOK, NJ 07663-5708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2023
$2,060,000
40 26 Broadway LLC
Caspian Realty Of Nj LLC
Deed
$1,236,000 · Chemtov Mortgage Group Corp
Apr 13, 2017
—
Caspian Realty Of Nj LLC
—
Deed
related
$1,128,253 · Oritani Bk
Sep 4, 2007
$2,300,000
Caspian Realty Of Nj LLC
Sino Holdings INC
Dual Purpose Document
$1,725,000 · Caspina Rlty Of Nj LLC
Aug 10, 1992
$1,225,000
Valentino Maurizio INC
Unknown
Grant Deed
—
—
—
Caspian Realty Of Nj LLC
—
Loan Modification
related
$1,128,253 · Oritani Bk
—
—
Sino Holdings INC
—
Deed Of Trust
related
$715,000 · Pnc Bank
—
—
Sino Holdings INC
—
Deed Of Trust
related
$285,000 · Pnc 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.
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