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    51 State Rt 17 East Rutherford, NJ 07073-2133
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    Property profile & analytics

    51 State Rt 17, East Rutherford, NJ 07073-2133

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    • Commercial real estate
    • 96,170 SF
    • 12.85 lot acres
    Off-Market
    Property ID
    US59-1767238
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $20,265,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 51 State Rt 17

    Year built
    2004
    Lot size
    12.85 lot acres
    Property type
    Commercial real estate
    APN
    12 00091-0000-00001
    APU
    1200091000000001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 22, 2022 — Liberty Commons LLC — Deed · related $75M · Ctbc Bank Corp USA
    Nov 10, 2015 — Borough Of East Rutherford Liberty Commons LLC Grant Deed · related —
    Jan 15, 2009 — Liberty Commons LLC Liberty Commons LLC Quit Claim Deed · related $4.5M · Sovereign Bank
    Aug 26, 2005 — Liberty Commons LLC — Trustees Deed · related $4.5M · Independence Community Bank
    Jul 21, 2004 $3,100,000 E Rutherford Hote LLC Liberty Commons LLC Grant Deed · related —
    Jun 10, 2004 — Liberty Commons LLC — Deed Of Trust · related $13.5M · Independence Community Bank
    — — Liberty Commons LLC — Deed Of Trust · related $15.8M · Sovereign Bank
    — — Liberty Commons II LLC — Deed Of Trust · related $2.6M · Mariners Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $22,360,000
      6.5%
      $20,640,000
      7%
      $19,165,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $26,026,000
      Market price range: $10.9M - $28.4M
      AI Estimate
      $14,131,000
      Market price range: $5.14M - $16.2M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $19,700,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $31,595,000
      Change: +60% Conversion: Moderate
      OFFICE BUILDING
      $23,230,000
      Change: +18% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $21,540,000
      Change: +9% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    East Rutherford
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0923
    Latitude
    40.831
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $464,621
    $20,820,200
    $6,921,900
    $27,742,100
    -
    $20,820,200
    $6,921,900
    $27,742,100
    More about this property
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