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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Industrial properties
71 Romanelli Ave S Hackensack, NJ 07606-1426
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0116200
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1967
Lot
0.09 ac (3,999 SF)
APN
59 00052-0000-00005
UPID
US59-0116200
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
-
Harrell Print Co. Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$985k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$985k
Owner & transaction history
Lidwin Properties LLC · 1 yrs held
Lidwin Properties LLC
since 2024
Last sale
$985,000
7 recorded transactions
Zoning & alternative use
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 S Hackensack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs S Hackensack 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
$985,000
ML approach
$985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $985k (Sep 13 2024)
Last sale anchor
$985k
Sep 13 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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,027
Tax year 2023
Assessed value
$585,400
Assessed 2024
Previous assessed
$585,400
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$171,000
Assessed improvement
$414,400
Land market value
$171,000
Improvement market value
$414,400
Total market value
$585,400
Applied tax rate
59.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1967
Heating
NONE
Stories
1
Lot
0.09 ac (3,999 SF)
APN
59 00052-0000-00005
UPID
US59-0116200
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Lidwin Properties LLC
Entity
Mailing address
71 ROMANELLI AVE STE Y, SOUTH HACKENSACK, NJ 07606-1426
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Sep 13, 2024
$985,000
Lidwin Properties LLC
Ch2 Property LLC
Deed
—
Feb 26, 2021
$525,000
Ch2 Property LLC
Romanelli Management LLC
Deed
—
Sep 30, 2019
—
Romanelli Management LLC
—
Deed
related
$300,000 · Mariners Bk
Apr 9, 2012
$230,000
Romanelli Management LLC
Psnj LLC
Grant Deed
—
Jun 16, 2011
—
Psnj LLC
Mlm Properties LLC
Grant Deed
related
—
Jan 18, 2007
$400,000
Mlm Properties LLC
Garcia,hector
Grant Deed
—
Mar 2, 2004
$325,000
Hector Garcia
Berger Martin Trust
Grant Deed
$300,000 · Commerce Bank NA
—
—
Romanelli Management LLC
—
Deed Of Trust
related
$300,000 · Mariners Bk
—
—
Mlm Propierties LLC
—
Deed Of Trust
related
$500,000 · Jeffrey Wasserman
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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