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Property profile & analytics
OFF-MARKET
Estimated value
$3,950,000
Industrial properties
8200 Tonnelle Ave North Bergen, NJ 07047-4618
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-2975125
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
CONCRETE BLOCKS
Total area
12,448 SF
Lot
0.5 ac (21,600 SF)
Zoning code
C2
APN
08 00334-0000-00001
UPID
US59-2975125
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.23M
CAP Approach
CAP
$4.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.95M
Owner & transaction history
Demir Property LLC · 3 yrs held
Demir Property LLC
since 2022
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
C2 · North Bergen, 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 North Bergen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bergen 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
$4,185,000
ML approach
$4,230,000
CAP Approach
CAP Return
Estimation
6%
$4,385,000
6.5%
$4,045,000
7%
$3,755,000
Blend value · Realmo final
$3.95M
Range $3.56M – $4.35M · ±10% · vs last sale $3.65M (Aug 9 2022)
Last sale anchor
$3.65M
Aug 9 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
$317 / 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
$31,787
Tax year 2022
Assessed value
$2,013,100
Assessed 2023
Previous assessed
$2,013,100
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$1,512,100
Assessed improvement
$501,000
Land market value
$1,512,100
Improvement market value
$501,000
Total market value
$2,013,100
Applied tax rate
8.0000
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
1970
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
12,448 SF
Lot
0.5 ac (21,600 SF)
Zoning code
C2
APN
08 00334-0000-00001
UPID
US59-2975125
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C2 · North Bergen, NJ
Zoning C2 · permitted uses
C2 · North Bergen, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Bergen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Demir Property LLC
Entity
Mailing address
8200 TONNELLE AVE, NORTH BERGEN, NJ 07047-4618
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2022
$3,650,000
Demir Property LLC
Express Property LLC
Deed
$3,395,000 · Mvb Bank INC
May 29, 2019
—
Express Property LLC
—
Deed
related
$1,800,000 · Columbia Cap
Jun 4, 2008
$1,750,000
Express Property LLC
Concordmax USA INC
Deed
$1,400,000 · Chinatrust Bank USA
Mar 3, 2005
$9,000
State Of Nj Department
Concord Max USA INC
Grant Deed
—
Aug 8, 2002
$630,000
Concordmax USA Ubc
Belle De Belle Sheng Sheng Gro
Grant Deed
$410,000 · Citic Ka Wah Bank Ltd
—
—
Express Property LLC
—
Deed Of Trust
related
$1,800,000 · Columbia Cap
—
—
Express Property LLC
—
Deed Of Trust
related
$150,000 · Ctbc Bk Corp (usa)
—
—
Concordmax USA INC
—
Deed Of Trust
related
$1,200,000 · United Heritage Bank
—
—
Express Property LLC
—
Deed Of Trust
related
$1,500,000 · 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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