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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Commercial real estate
635 Lexington Ave Clifton, NJ 07011-1232
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-3192009
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2019
Total area
13,135 SF
Lot
1.42 ac (61,681 SF)
Zoning code
B-C
APN
02 00002- 12-00019
UPID
US59-3192009
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
-
CVS Pharmacy Pharmacy
-
CVS Pharmacy
-
CVS Photo (Bike/Boat/Book/etc) Store
-
Connie Inguanti Pharmacy
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.51M
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$2.20M
Owner & transaction history
Rogers Capital Holdings Clifton LLC · 3 yrs held
Rogers Capital Holdings Clifton LLC
since 2022
7 recorded transactions
Zoning & alternative use
B-C · Clifton, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,720,000
6.5%
$2,510,000
7%
$2,330,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,875,000
Current use
OFFICE BUILDING
$2,420,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$2.20M
Range $1.98M – $2.42M · ±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
$167 / 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
$127,162
Tax year 2022
Assessed value
$2,227,000
Assessed 2023
Previous assessed
$2,227,000
+0.0% YoY
Effective rate
5.71%
On assessed value
Assessed land
$767,600
Assessed improvement
$1,459,400
Land market value
$767,600
Improvement market value
$1,459,400
Total market value
$2,227,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2019
Heating
NONE
Stories
2
Total area
13,135 SF
Lot
1.42 ac (61,681 SF)
Zoning code
B-C
APN
02 00002- 12-00019
UPID
US59-3192009
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B-C · Clifton, NJ
Zoning B-C · permitted uses
B-C · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (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
Year built
2019
Heating
NONE
Stories
2
Lot
1.42 ac
Current owner
From public records · entity-resolved
Rogers Capital Holdings Clifton LLC
Entity
Mailing address
2924 BRUSHY CRK RD, GREER, SC 29650-2657
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
—
Rogers Capital Holdings Clifton LLC
Cf Cvh 2020 5 LLC
Assignment Of Sub Lease
$10,125,000 · Citi Real Estate Funding INC
Nov 8, 2019
$7,368,421
800 Pharma Clifton LLC
Turabdin Realty LLC
Deed
$3,700,000 · Td Bank NA
Oct 4, 2018
—
Turandin Realty Co
Turabdin Realty Co
Quit Claim Deed
related
—
Nov 19, 2014
$790,000
Turabdin Realty LLC
Biase Donald V
Quit Claim Deed
—
Jan 18, 2012
—
Fadi Salim
—
Deed Of Trust
related
$1,820,000 · Federal Trade Commission
Mar 6, 2006
$1,500,000
Fadi Salim
Yee,daniel
Grant Deed
$1,000,000 · Daniel Lee
Jul 26, 2001
—
Daniel Yee
Wah Kwong Realty Corp
Grant Deed
$200,000 · Interbay Funding LLC
—
—
Fadi Salim
—
Deed Of Trust
related
$500,000 · First Bankamericano
—
—
Salim Fadi
—
Deed Of Trust
related
$500,000 · Crown 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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