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Property profile & analytics
OFF-MARKET
Estimated value
$265,000
Commercial real estate
638 Van Houten Ave Clifton, NJ 07013-2126
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-1071545
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Construction
FRAME
Total area
600 SF
Lot
0.06 ac (2,700 SF)
Zoning code
PD-2
APN
02 00037- 01-00018
UPID
US59-1071545
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
-
Lonni Cuts Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$265k
Owner & transaction history
Lonison Estate LLC · 1 yrs held
Lonison Estate LLC
since 2025
Last sale
$275,000
2 recorded transactions
Zoning & alternative use
PD-2 · Clifton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the PD-2 zone is to establish areas for Stores and retail shops, Service establishments Business and professional offices
Zone name
Planned Development Number 2
General category
PLANNED_DEVELOPMENT
Zone area
22.61 ac
Source
Realmo
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
$265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$265k
Range $239k – $292k · ±10% · vs last sale $275k (Nov 10 2024)
Last sale anchor
$275k
Nov 10 2024
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
$442 / 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
$6,247
Tax year 2022
Assessed value
$109,400
Assessed 2023
Previous assessed
$109,400
+0.0% YoY
Effective rate
5.71%
On assessed value
Assessed land
$67,500
Assessed improvement
$41,900
Land market value
$67,500
Improvement market value
$41,900
Total market value
$109,400
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
1910
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Total area
600 SF
Lot
0.06 ac (2,700 SF)
Zoning code
PD-2
APN
02 00037- 01-00018
UPID
US59-1071545
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
PD-2 · Clifton, NJZoning PD-2 · permitted uses
PD-2 · Clifton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the PD-2 zone is to establish areas for Stores and retail shops, Service establishments Business and professional offices
Zone name
Planned Development Number 2
General category
PLANNED_DEVELOPMENT
Zone area
22.61 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Lonison Estate LLC
Entity
Mailing address
5059 N HWY 1ST APT #602, HUTCHINSON ISLAND, FL 34949-8227
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
$275,000
Lonison Estate LLC
Judith P Messineo
Deed
$192,500 · Oakmont Commercial LLC
Sep 7, 2012
—
Judith P Messineo
Messineo Stephen N
Quit Claim Deed
related
—
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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