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Property profile & analytics
OFF-MARKET
Estimated value
$4,705,000
Commercial real estate
60 Rockwood Pl Englewood, NJ 07631-4938
Entity Owned
3-yr Hold
Free & Clear
Property ID
US59-1459293
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Construction
CONCRETE BLOCKS
Total area
11,832 SF
Lot
0.64 ac (27,800 SF)
Zoning code
LI
APN
15 03005-0000-00002
UPID
US59-1459293
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
-
INFINITI of Englewood Car Dealership
-
INFINITI of Englewood Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$4.71M
Owner & transaction history
Vega Land Domain LLC · 3 yrs held
Vega Land Domain LLC
since 2023
Last sale
$4.5M
5 recorded transactions
Zoning & alternative use
LI · Englewood, NJ
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
$4,810,000
ML approach
$5,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,345,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,885,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$4.71M
Range $4.23M – $5.18M · ±10% · vs last sale $4.48M (Jun 29 2023)
Last sale anchor
$4.48M
Jun 29 2023
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
$398 / 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
$33,763
Tax year 2022
Assessed value
$1,144,900
Assessed 2023
Previous assessed
$1,144,900
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$875,500
Assessed improvement
$269,400
Land market value
$875,500
Improvement market value
$269,400
Total market value
$1,144,900
Applied tax rate
15.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2000
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
11,832 SF
Lot
0.64 ac (27,800 SF)
Zoning code
LI
APN
15 03005-0000-00002
UPID
US59-1459293
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · Englewood, NJ
Zoning LI · permitted uses
LI · Englewood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Englewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
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
Year built
2000
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Vega Land Domain LLC
Entity
Free & Clear · 3 yrs held
Mailing address
60 ROCKWOOD PL, ENGLEWOOD, NJ 07631-4938
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jun 29, 2023
$4,483,730
Vega Land Domain LLC
Aua Englewood LLC
Deed
—
May 31, 2018
$2,400,000
Aua Englewood LLC
William S Grimaldi
Deed
—
May 31, 2018
—
Aug Englewood LLC
—
Deed
related
$2,840,000 · Manasquan Bk
Apr 14, 2018
—
William S Grimaldi JR
Threegees
Grant Deed
related
—
—
—
Aug Englewood LLC
—
Deed Of Trust
related
$2,840,000 · Manasquan Bk
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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