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Property profile & analytics
OFF-MARKET
Commercial real estate
468 Rt 17 Hasbrouck Heights, NJ 07604
Entity Owned
9-yr Hold
Free & Clear
Property ID
US59-1696530
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1988
Lot
0.7 ac (30,492 SF)
Zoning code
B-2
APN
25 00136- 02-00003
UPID
US59-1696530
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
Public Svc Electric & Gas Co · 9 yrs held
Public Svc Electric & Gas Co
since 2017
4 recorded transactions
Zoning & alternative use
B-2 · Hasbrouck Heights, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
r are intended primarily to provide access to that deck. [Amended 2-13-2007 by Ord. No. 2151 ] § 275-19 Hours of business. [Amended 8-13-1991 by Ord. No. 1601 ; 7-11-2017 by Ord. No. 2390 ] A. In all zones except in the B-2 Highway Commercial Zone or in the I Industrial Zone, retail establishments shall not be open to the public for business between the hour…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
104.22 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 Hasbrouck Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hasbrouck Heights 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
$56,029
Tax year 2022
Assessed value
$2,111,300
Assessed 2023
Previous assessed
$2,111,300
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$1,331,300
Assessed improvement
$780,000
Land market value
$1,331,300
Improvement market value
$780,000
Total market value
$2,111,300
Applied tax rate
25.0000
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
1988
Heating
NONE
Lot
0.7 ac (30,492 SF)
Zoning code
B-2
APN
25 00136- 02-00003
UPID
US59-1696530
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Hasbrouck Heights, NJZoning B-2 · permitted uses
B-2 · Hasbrouck Heights, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
r are intended primarily to provide access to that deck. [Amended 2-13-2007 by Ord. No. 2151 ] § 275-19 Hours of business. [Amended 8-13-1991 by Ord. No. 1601 ; 7-11-2017 by Ord. No. 2390 ] A. In all zones except in the B-2 Highway Commercial Zone or in the I Industrial Zone, retail establishments shall not be open to the public for business between the hours of 12:00 midnight and 6:00 a.m., with the exception of the following uses: (1) Es
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
104.22 ac
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
0.7 ac
Current owner
From public records · entity-resolved
Public Svc Electric & Gas Co
Entity
Free & Clear · 9 yrs held
Mailing address
80 PARK PLZ, NEWARK, NJ 07102-4109
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2017
$2,200,000
Public Svc Electric & Gas Co
Nj Energy Realty LLC
Grant Deed
—
Apr 24, 2012
$128,753
Nj Energy Realty LLC
Exxon Mobil Corp
Grant Deed
$24,113,675 · Ch Realty V/cpd Bridge LLC
Apr 24, 2012
—
Nj Energy Realty LLC
—
Trustees Deed
related
$24,113,675 · Ch Realty V/cpd Bridge LLC
—
—
Nj Energy Realty LLC
—
Deed Of Trust
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.
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