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Property profile & analytics
FOR LEASE
Industrial properties
55 Haul Rd Wayne, NJ 07470
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-1272036
For Lease
$22,390,000
55 Haul Rd, Wayne, NJ 07470
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
206,997 SF
Lot
30.3 ac (1,319,868 SF)
APN
14 01508-0000-00002
UPID
US59-1272036
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
-
Polymeric Resources Corporation Factory Production Facility
-
Custom Resins Inc Factory Production Facility
-
STC Equipment Corporation Professional Services
-
Giga IMPORTS (Bike/Boat/Book/etc) Store
-
Driving Academy Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.00M
Blend (final)
Blend
$22.39M
Owner & transaction history
55 Hall Street Nj LLC · 4 yrs held
55 Hall Street Nj LLC
since 2021
Last sale
$23.5M
5 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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
$29,450,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$35,715,000
Current use
OFFICE BUILDING
$35,315,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$22.39M
Range $20.15M – $24.63M · ±10% · vs last sale $23.50M (Dec 1 2021)
Last sale anchor
$23.50M
Dec 1 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
$108 / 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
$271,392
Tax year 2022
Assessed value
$4,800,000
Assessed 2023
Previous assessed
$4,800,000
+0.0% YoY
Effective rate
5.65%
On assessed value
Assessed land
$2,714,900
Assessed improvement
$2,085,100
Land market value
$2,714,900
Improvement market value
$2,085,100
Total market value
$4,800,000
Applied tax rate
14.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Heating
NONE
Total area
206,997 SF
Lot
30.3 ac (1,319,868 SF)
APN
14 01508-0000-00002
UPID
US59-1272036
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$35.7M
OFFICE BUILDING
Est. value
$35.3M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
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
30.3 ac
Current owner
From public records · entity-resolved
55 Hall Street Nj LLC
Entity
Mailing address
3307 HUDSON AVE, UNION CITY, NJ 07087-7748
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2021
$23,500,000
55 Hall Street Nj LLC
Haul Road Holdings INC
Deed
$33,750,000 · American Heritage FCU
Apr 1, 2013
—
Haul Road Holdings INC
—
Deed Of Trust
related
$25,000,000 · Vfp Intermediate Holdings LLC
—
—
Polymeric Resources Corp
—
Deed Of Trust
related
$1 · Valley National Bank
—
—
Haul Road Holdings INC
—
Deed Of Trust
related
$47,000,000 · Private Individual
—
—
Haul Road Holdings INC
—
Deed Of Trust
related
$6,500,000 · Valley National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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