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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Industrial properties
50 Hollister Rd Teterboro, NJ 07608-1117
Entity Owned
~
Est. High Equity
Property ID
US59-1255505
Property summary
AI-generated overview
This 14,600 square foot freestanding industrial building is located at 50 Hollister Road in Teterboro, New Jersey, zip code 07608, Bergen County. Built in 1966, the property features one building with two loading docks. The warehouse boasts a 17-foot clear ceiling height under the joists and includes space heaters for supplemental warmth. A monitored wet sprinkler system is installed throughout the building for fire protection. The office area received a new HVAC system in 2020. Ample parking is available with 25 spaces. The property's 2023 taxes totaled $14,746.20, equating to $1.01 per square foot. This versatile property is suitable for various industrial uses, including distribution, warehousing, and manufacturing. The property's location in Teterboro offers convenient access to major transportation routes. This is an excellent opportunity to acquire a well-maintained industrial property in a prime New Jersey location.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
13,925 SF
Lot
0.37 ac (16,117 SF)
APN
62 00303-0000-00017- 01
UPID
US59-1255505
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
-
Wortmann Machine Works Inc Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
S Platform Energen LLC
S Platform Energen LLC
since 2026
2 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 Teterboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Teterboro 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
$107 / 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
$13,705
Tax year 2022
Assessed value
$1,251,800
Assessed 2023
Previous assessed
$1,251,800
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$387,600
Assessed improvement
$864,200
Land market value
$387,600
Improvement market value
$864,200
Total market value
$1,251,800
Applied tax rate
62.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Units
1
Total area
13,925 SF
Lot
0.37 ac (16,117 SF)
APN
62 00303-0000-00017- 01
UPID
US59-1255505
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
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
S Platform Energen LLC
Entity
Mailing address
50 HOLLISTER RD, TETERBORO, NJ 07608-1117
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
$4,150,000
S Platform Energen LLC
50 Hollister Road LLC
Deed
$3,320,000 · Citizens Bank NA
Aug 29, 2008
—
50 Hollister Road LLC
Rogers George E SR
Grant Deed
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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