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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Commercial real estate
834 Franklin Lk Rd 860 Franklin Lakes, NJ 07417-2111
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-0663876
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Construction
FRAME
Total area
1,344 SF
Lot
13.54 ac (589,977 SF)
Zoning code
A40
APN
20 02203-0000-00001- 01
UPID
US59-0663876
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
-
Prominent Properties Sotheby's International Realty Real Estate Agency
-
Don Scine, Terrie O'Connor Realtors-Franklin Lakes Real Estate Agency
-
Karen Haruthunian Realtor - Prominent Properties Sotheby's International Realty Real Estate Agency
-
Laurie Burnette Realtor, NREMT Real Estate Agency
-
Maria Bojekian, Realtor - Prominent Properties Sotheby's International Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
County Of Bergen · 19 yrs held
County Of Bergen
since 2007
6 recorded transactions
Zoning & alternative use
A40 · Franklin Lakes, 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 Franklin Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin Lakes 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
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$208 / 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
$52,652
Tax year 2022
Assessed value
$3,122,900
Assessed 2023
Previous assessed
$3,122,900
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$646,300
Assessed improvement
$2,476,600
Land market value
$646,300
Improvement market value
$2,476,600
Total market value
$3,122,900
Applied tax rate
20.0000
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
1970
Construction
FRAME
Heating
NONE
Stories
1
Total area
1,344 SF
Lot
13.54 ac (589,977 SF)
Zoning code
A40
APN
20 02203-0000-00001- 01
UPID
US59-0663876
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
A40 · Franklin Lakes, NJZoning A40 · permitted uses
A40 · Franklin Lakes, NJ
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
1970
Construction
FRAME
Heating
NONE
Stories
1
Lot
13.54 ac
Current owner
From public records · entity-resolved
County Of Bergen
Entity
Free & Clear · 19 yrs held
Mailing address
830 FRANKLIN LK RD, FRANKLIN LAKES, NJ 07417-2111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Nov 18, 2014
—
Indian Trail Club LLC
—
Grant Deed
related
$2,750,000 · Td Bk NA
Jan 9, 2012
—
Itc Holdings LLC
—
Deed Of Trust
related
$1,000,000 · Urban Farms INC
Feb 27, 2007
—
County Of Bergen
Itc Holdings LLC
Grant Deed
related
—
Apr 18, 2006
$3,285,000
Itc Holdings LLC
Urban Farms INC
Grant Deed
related
$3,285,000 · Urban Farms INC
Apr 18, 2006
—
Record Owner
Urban Farms INC
Grant Deed
related
—
—
—
Itc Holdings LLC
—
Deed Of Trust
related
$3,285,000 · Urban Farms INC
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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