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Property profile & analytics
OFF-MARKET
Estimated value
$7,345,000
Industrial properties
505 Mnr Ave, Harrison, NJ 07029
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-3158160
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
179,255 SF
Lot
5.7 ac (248,292 SF)
APN
04 00189-0000-00001
UPID
US59-3158160
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
$8.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.26M
Blend (final)
Blend
$7.35M
Owner & transaction history
505 Manor Avenue LLC · 1 yrs held
505 Manor Avenue LLC
since 2025
Last sale
$6.5M
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 Harrison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrison 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
$8,580,000
ML approach
$8,890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.35M
Range $6.61M – $8.08M · ±10% · vs last sale $6.50M (Feb 19 2020)
Last sale anchor
$6.50M
Feb 19 2020
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
$41 / 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
$303,174
Tax year 2023
Assessed value
$13,187,200
Assessed 2024
Previous assessed
$13,187,200
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$7,125,000
Assessed improvement
$6,062,200
Land market value
$7,125,000
Improvement market value
$6,062,200
Total market value
$13,187,200
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Total area
179,255 SF
Lot
5.7 ac (248,292 SF)
APN
04 00189-0000-00001
UPID
US59-3158160
Jurisdiction
HUDSON
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
Lot
5.7 ac
Current owner
From public records · entity-resolved
505 Manor Avenue LLC
Entity
Mailing address
433 BERGEN AVE, KEARNY, NJ 07032-3938
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
—
505 Manor Avenue LLC
—
Deed
related
$108,400,000 · Prred Facility II LLC
Jan 29, 2025
—
505 Manor Avenue LLC
Supor Manor Realty Group LLC
Deed
—
Dec 31, 2024
—
505 Manor Avenue LLC
—
Deed
related
$108,400,000 · Prred Facility II LLC
Feb 19, 2020
—
Supor Manor Realty Group LLC
Supor Manor Realty LLC
Quit Claim Deed
related
$53,000,000 · Lmf Commercial LLC
Nov 8, 2017
—
Supor Manor Realty LLC
—
Deed
related
—
May 1, 2017
—
Supor Manor Realty LLC
Supor Joseph JR
Quit Claim Deed
related
—
Mar 21, 2012
—
Supor Joseph JR Trust
Supor,joseph JR
Quit Claim Deed
related
—
Sep 9, 2003
$6,500,000
Joseph Supor JR.
Apl Corp
Grant Deed
—
—
—
Joseph Supor JR.
—
Deed Of Trust
related
$4,200,000 · Crown Bank
—
—
Supor Manor Realty LLC
—
Deed Of Trust
related
—
—
—
Joseph Supol JR.
—
Deed Of Trust
related
$5,000,000 · Kearny Fsb
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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