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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Commercial real estate
491 Mcbride Ave, Woodland Park, NJ 07424-2823
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-3179817
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Construction
CONCRETE BLOCKS
Total area
8,714 SF
Lot
0.23 ac (10,000 SF)
APN
16 00002-0000-00001
UPID
US59-3179817
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
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$579k
Blend (final)
Blend
$670k
Owner & transaction history
Metina Enterprises LLC · 5 yrs held
Metina Enterprises LLC
since 2021
Last sale
$620,000
7 recorded transactions
Zoning & alternative use
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 Woodland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodland Park 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
$780,000
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $620k (Jan 25 2021)
Last sale anchor
$620k
Jan 25 2021
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
$77 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$22,884
Tax year 2022
Assessed value
$696,000
Assessed 2023
Previous assessed
$696,000
+0.0% YoY
Effective rate
3.29%
On assessed value
Assessed land
$243,600
Assessed improvement
$452,400
Land market value
$243,600
Improvement market value
$452,400
Total market value
$696,000
Applied tax rate
16.0000
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
1930
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Total area
8,714 SF
Lot
0.23 ac (10,000 SF)
APN
16 00002-0000-00001
UPID
US59-3179817
Jurisdiction
PASSAIC
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
Building & site characteristics
From public records
Year built
1930
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Metina Enterprises LLC
Entity
Mailing address
PO BOX 380, PATERSON, NJ 07543-0380
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2021
—
Metina Enterprises LLC
Melina Enterprises LLC
Grant Deed
related
—
Feb 23, 2018
—
Melina Ents LLC
—
Trustees Deed
related
$100,000 · Richard Sykora
Sep 25, 2008
—
Melina Ents LLC
—
Deed Of Trust
related
$420,000 · Atlantic Stewardship Bank
Mar 21, 2003
$620,000
Melina Enterprises LLC
Gavejian,john C
Grant Deed
$470,000 · John C Gavejian
Mar 21, 2003
—
John C Gavejian
Gavejian,john C & Elaine M
Quit Claim Deed
related
—
—
—
Melina Ents LLC
—
Deed Of Trust
related
$10,000 · Atlantic Stewardship Bank
—
—
Melina Ents LLC
—
Deed Of Trust
related
$750,000 · Atlantic Stewardship Bank
—
—
Melina Enterprises LLC
—
Deed Of Trust
related
$390,000 · 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.
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