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Property profile & analytics
OFF-MARKET
Estimated value
$14,950,000
Commercial real estate
520 Chestnut Rdg Rd, Woodcliff Lake, NJ 07677-8407
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US59-1056824
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
71,166 SF
Lot
7.26 ac (316,246 SF)
APN
68 00202-0000-00004
UPID
US59-1056824
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
$15.28M
Comparable Approach
Comparable
$12.50M
Blend (final)
Blend
$14.95M
Owner & transaction history
Brighton Norse Realty LLC · 13 yrs held
Brighton Norse Realty LLC
since 2013
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$23.4M
+1.8%
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 Woodcliff Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodcliff Lake 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,545,000
6.5%
$15,275,000
7%
$14,180,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$22,970,000
Current use
APARTMENT HOUSE (5+ UNITS)
$23,380,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$14.95M
Range $13.46M – $16.45M · ±10%
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
$210 / 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
$726,081
Tax year 2022
Assessed value
$34,716,300
Assessed 2023
Previous assessed
$34,716,300
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$7,385,700
Assessed improvement
$27,330,600
Land market value
$7,385,700
Improvement market value
$27,330,600
Total market value
$34,716,300
Applied tax rate
68.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Heating
NONE
Total area
71,166 SF
Lot
7.26 ac (316,246 SF)
APN
68 00202-0000-00004
UPID
US59-1056824
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$23.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$23.4M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
7.26 ac
Current owner
From public records · entity-resolved
Brighton Norse Realty LLC
Entity
Mailing address
PO BOX 800729, DALLAS, TX 75380-0729
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2021
—
Brighton Norse Realty LLC
—
Deed
related
$9,375,000 · Signature Bank
Sep 29, 2014
—
A & P Real Property LLC
—
Loan Modification
related
$270,000,000 · Wells Fargo Bk
Mar 20, 2013
$29,000,000
Brighton Norse Realty LLC
Woodcliff Grocery Owners LLC
Grant Deed
—
Feb 8, 2012
$24,800,000
Woodcliif Grocery Owners LLC
Arc International Fund II LP
Grant Deed
—
—
—
Brighton Norse Realty LLC
—
Deed Of Trust
related
$18,255,000 · New York Community Bank
—
—
Woodcliff Grocery Owners LLC
—
Deed Of Trust
related
$17,500,000 · New York Community 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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