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Property profile & analytics
OFF-MARKET
Estimated value
$4,330,000
Commercial real estate
764 Palisade Ave 766 Teaneck, NJ 07666-3129
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-1974640
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Construction
CONCRETE BLOCKS
Lot
0.15 ac (6,399 SF)
Zoning code
B2
APN
60 02506-0000-00004
UPID
US59-1974640
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
-
Reidler Psychological Services LLC Physician Medical Clinic
-
Energy Pilates Studio Gym & Fitness Center
-
Nicola Weiss, Ph.D., LLC Physician Medical Clinic
-
Laura Eisdorfer PsyD Physician Medical Clinic
-
Salient Architects LLC Architect Interior Designer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.33M
Owner & transaction history
Lrc6 LLC · 3 yrs held
Lrc6 LLC
since 2022
Last sale
$4.1M
5 recorded transactions
Zoning & alternative use
B2 · Teaneck, 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 Teaneck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Teaneck 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
$4,605,000
ML approach
$4,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.33M
Range $3.90M – $4.76M · ±10% · vs last sale $4.10M (Sep 8 2022)
Last sale anchor
$4.10M
Sep 8 2022
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
$27,285
Tax year 2023
Assessed value
$1,628,800
Assessed 2024
Previous assessed
$1,628,800
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$528,000
Assessed improvement
$1,100,800
Land market value
$528,000
Improvement market value
$1,100,800
Total market value
$1,628,800
Applied tax rate
60.0000
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
1930
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
0.15 ac (6,399 SF)
Zoning code
B2
APN
60 02506-0000-00004
UPID
US59-1974640
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B2 · Teaneck, NJ
Zoning B2 · permitted uses
B2 · Teaneck, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Teaneck. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Lrc6 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
364 S 3RD ST, BROOKLYN, NY 11211-6580
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
—
Lrc6 LLC
—
Deed
related
$2,750,000 · The Dime Savings Bank Williamsburgh
Sep 8, 2022
$4,100,000
Lrc6 LLC
Palisades Realty 6 LLC
Deed
—
Aug 24, 2016
$2,050,000
Palisades Realty 6 LLC
Troy Kay LLC
Grant Deed
—
Oct 11, 2005
$940,000
Troy Kay LLC
Seigal,arthur
Grant Deed
$1,250,000 · J P Morgan Chase Bank
—
—
Troy Kay LLC
—
Deed Of Trust
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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