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Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Industrial properties
587 Getty Ave Clifton, NJ 07011-2162
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-1642572
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1910
Construction
BRICK
Total area
8,808 SF
Lot
0.11 ac (4,613 SF)
Zoning code
M-2
APN
02 00009- 07-00013
UPID
US59-1642572
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
-
Sweet House LLC Bakery Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.37M
Owner & transaction history
Ayintap LLC · 4 yrs held
Ayintap LLC
since 2022
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
M-2 · Clifton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+38.8%
Office building
$1.6M
+16.8%
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 Clifton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clifton 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
$1,380,000
ML approach
$1,395,000
CAP Approach
CAP Return
Estimation
6%
$1,650,000
6.5%
$1,520,000
7%
$1,410,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,390,000
Current use
COMMERCIAL (GENERAL)
$1,930,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$1,620,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$1.37M
Range $1.23M – $1.51M · ±10% · vs last sale $1.35M (Apr 4 2022)
Last sale anchor
$1.35M
Apr 4 2022
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
$156 / 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
$22,138
Tax year 2022
Assessed value
$387,700
Assessed 2023
Previous assessed
$387,700
+0.0% YoY
Effective rate
5.71%
On assessed value
Assessed land
$138,200
Assessed improvement
$249,500
Land market value
$138,200
Improvement market value
$249,500
Total market value
$387,700
Applied tax rate
2.0000
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
Off-Market
Year built
1910
Construction
BRICK
Heating
NONE
Stories
2
Units
2
Total area
8,808 SF
Lot
0.11 ac (4,613 SF)
Zoning code
M-2
APN
02 00009- 07-00013
UPID
US59-1642572
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M-2 · Clifton, NJ
Zoning M-2 · permitted uses
M-2 · Clifton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clifton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
Year built
1910
Construction
BRICK
Heating
NONE
Stories
2
Units
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Ayintap LLC
Entity
Mailing address
587 GETTY AVE, CLIFTON, NJ 07011-2162
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2022
$1,350,000
Ayintap LLC
Clifton Family Plaza West INC
Deed
$1,416,000 · Pacific Western National Bank
Apr 4, 2022
—
Ayintap LLC
—
Deed
related
$1,416,000 · Pacific Western National Bank
Jul 27, 2021
—
Clifton Family Plaza West INC
—
Deed
related
$299,709 · Kearny Bank
Apr 19, 2021
—
Clifton Family Plaza West INC
—
Deed
related
$600,000 · Customized Mortgage Solutions LLC
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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