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Property profile & analytics
OFF-MARKET
Commercial real estate
650 Ter Ave Hasbrouck Heights, NJ 07604-3103
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US59-1868404
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1974
Lot
7.54 ac (328,442 SF)
Zoning code
B-2
APN
25 00135- 02-00014
UPID
US59-1868404
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
-
Christ Celebration Center Ministries Church
-
Amazon Warehouse & Storage
-
Bistro 650 Restaurant
-
bagel Restaurant
-
650 Terrace Avenue Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
650 Terrace Ave LLC · 10 yrs held
650 Terrace Ave LLC
since 2015
7 recorded transactions
Zoning & alternative use
B-2 · Hasbrouck Heights, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
r are intended primarily to provide access to that deck. [Amended 2-13-2007 by Ord. No. 2151 ] § 275-19 Hours of business. [Amended 8-13-1991 by Ord. No. 1601 ; 7-11-2017 by Ord. No. 2390 ] A. In all zones except in the B-2 Highway Commercial Zone or in the I Industrial Zone, retail establishments shall not be open to the public for business between the hour…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
104.22 ac
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 Hasbrouck Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hasbrouck Heights 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$753,760
Tax year 2022
Assessed value
$27,884,000
Assessed 2023
Previous assessed
$27,884,000
+0.0% YoY
Effective rate
2.70%
On assessed value
Assessed land
$11,310,000
Assessed improvement
$16,574,000
Land market value
$11,310,000
Improvement market value
$16,574,000
Total market value
$27,884,000
Applied tax rate
25.0000
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
1974
Heating
NONE
Lot
7.54 ac (328,442 SF)
Zoning code
B-2
APN
25 00135- 02-00014
UPID
US59-1868404
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Hasbrouck Heights, NJZoning B-2 · permitted uses
B-2 · Hasbrouck Heights, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
r are intended primarily to provide access to that deck. [Amended 2-13-2007 by Ord. No. 2151 ] § 275-19 Hours of business. [Amended 8-13-1991 by Ord. No. 1601 ; 7-11-2017 by Ord. No. 2390 ] A. In all zones except in the B-2 Highway Commercial Zone or in the I Industrial Zone, retail establishments shall not be open to the public for business between the hours of 12:00 midnight and 6:00 a.m., with the exception of the following uses: (1) Es
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
104.22 ac
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Lot
7.54 ac
Current owner
From public records · entity-resolved
650 Terrace Ave LLC
Entity
Mailing address
650 TER AVE, HASBROUCK HEIGHTS, NJ 07604-3103
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2025
—
650 Terrace Ave LLC
—
Deed
related
$19,500,000 · Live Oak Banking Company
Jul 22, 2016
—
650 Terrace Ave LLC
—
Deed
related
$25,000,000 · Ctbc Bk Corp (usa)
Dec 4, 2015
$10,000,000
650 Terrace Ave LLC
Bre Of Prime Properties LLC
Grant Deed
$20,250,000 · Private Individual
Nov 19, 2004
$1
Bre Of Prime Properties LLC
Prime Hospitality LLC
Grant Deed
related
—
—
—
Bre Prime Properties LLC
—
Deed Of Trust
related
$175,400,000 · Bank Of America
—
—
Bre Of Prime Properties LLC
—
Deed Of Trust
related
$175,400,000 · Bear Stearns Tr 2007-bba8 (ct)
—
—
650 Terrace Ave LLC
—
Deed Of Trust
related
$25,000,000 · Ctbc Bk Corp (usa)
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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