Individually Owned 
For Lease
1 / 2
$15.75 SF/Yr
65 Railroad Ave, Ridgefield, NJ 07657
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Property summary
AI-generated overview
This exceptional industrial property, located at 65 Railroad Avenue in Ridgefield, New Jersey (zip code 07657), offers a prime opportunity for businesses seeking flexible warehouse or distribution space. The property boasts a total of 320,000 square feet, with multiple tenancy options available. Units range from a minimum of 6,075 square feet to a maximum contiguous space of 8,638 square feet, providing scalability for various operational needs. Currently, 14,713 square feet of space is vacant and ready for immediate occupancy. The building is classified as Class B and underwent renovations in 2024. Ceiling heights range from 12 to 22 feet, offering ample vertical space for storage and operations. The property features two loading docks for efficient loading and unloading. Situated on a generous 19-acre lot, the property is zoned for industrial use and provides easy access to major highways, facilitating seamless transportation throughout the region. This location in Bergen County offers a strategic advantage for businesses seeking convenient access to key transportation routes.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
TYPE NOT SPECIFIED
Total area
377,200 SF
Lot
19 ac (827,640 SF)
APN
49 04014-0000-00010-0000-HM
UPID
US59-1677895
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$36.27M
Owner & transaction history
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$36.27M
Value range
$32.64M – $39.90M
±10% around blend
Estimated value / SF
$96 / SF
Confidence
Property data
75
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$32.64M
blend $36.27M
$39.90M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
377,200 SF
Lot area
19 ac
Stories
2
APN
49 04014-0000-00010-0000-HM
Assessed value
$34,018,900
Annual tax
$549,843
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$549,843
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$36.27M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 207 sales
$224
-57%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $96/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$60.17M
Move the market yield to see immediate price impact.
Value / SF
$160
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$3.79M
$75.82M
$54.16M
$42.12M
$4.21M
$84.24M
$60.17M
$46.80M
$4.63M
$92.67M
$66.19M
$51.48M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$549,843
Tax year 2023
Assessed value
$34,018,900
Assessed 2024
Previous assessed
$34,018,900
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$8,750,000
Assessed improvement
$25,268,900
Land market value
$8,750,000
Improvement market value
$25,268,900
Total market value
$34,018,900
Applied tax rate
49.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
377,200 SF
Lot
19 ac (827,640 SF)
APN
49 04014-0000-00010-0000-HM
UPID
US59-1677895
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
19 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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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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