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Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Commercial real estate
82 Smt St Tenafly, NJ 07670-1016
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US59-0833290
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Construction
FRAME
Total area
11,394 SF
Lot
0.36 ac (15,682 SF)
Zoning code
SRB
APN
61 01307-0000-00001
UPID
US59-0833290
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
-
Linda B. Glazer, PsyD Physician Medical Clinic
-
NEW YORK CARDIAC CENTER, Inc. Research Foundation
-
Aerin Hyun MD PhD Physician
-
Financial Administrator Inc Physician Medical Clinic
-
Metro Marketing Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Parallel Properties LLC · 7 yrs held
Parallel Properties LLC
since 2019
6 recorded transactions
Zoning & alternative use
SRB · Tenafly, 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 Tenafly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tenafly 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,650,000
6.5%
$2,445,000
7%
$2,270,000
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±10%
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
$162 / 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
$48,014
Tax year 2022
Assessed value
$1,775,000
Assessed 2023
Previous assessed
$1,775,000
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$593,800
Assessed improvement
$1,181,200
Land market value
$593,800
Improvement market value
$1,181,200
Total market value
$1,775,000
Applied tax rate
61.0000
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
1990
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
11,394 SF
Lot
0.36 ac (15,682 SF)
Zoning code
SRB
APN
61 01307-0000-00001
UPID
US59-0833290
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
SRB · Tenafly, NJ
Zoning SRB · permitted uses
SRB · Tenafly, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tenafly. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Parallel Properties LLC
Entity
Mailing address
60 MADISON AVE, TENAFLY, NJ 07670-1021
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2019
—
Parallel Properties LLC
Bcd Ptshp
Correction Deed
related
—
Apr 5, 2019
$2,000,000
64 North Summit LLC
Parallel Properties LLC
Grant Deed
—
Feb 6, 2018
—
Parallel Properties LLC
—
Deed
related
$100,250 · Connectone Bk
Jan 26, 2010
$677,500
Parallel Properties LLC
Bcd Ptshp
Grant Deed
—
—
—
Parallel Properties LLC
—
Deed Of Trust
related
$200,000 · North Jersey Community Bank
—
—
Parallel Properties LLC
—
Deed Of Trust
related
$100,250 · Connectone Bk
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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