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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Commercial real estate
84 Wallington Ave Wallington, NJ 07057-1045
Entity Owned
2-yr Hold
Property ID
US59-1462327
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
BRICK
Lot
0.17 ac (7,492 SF)
Zoning code
B
APN
65 00015-0000-00006
UPID
US59-1462327
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
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
156 Mpr LLC · 2 yrs held
156 Mpr LLC
since 2023
Last sale
$600,000
1 recorded transaction
Zoning & alternative use
B · Wallington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Regulations applicable to B Business Zone. A. Where a business structure is located adjacent to an existing business structure, the side yard adjacent to said existing business need not be required, provided that there is vehicle access to the rear yard. B. Business structures or uses shall not display goods for sale purposes outside of the structure in whic…
Zone name
Business
General category
COMMERCIAL
Zone area
65.28 ac
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 Wallington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wallington 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
$645,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $600k (Aug 25 2023)
Last sale anchor
$600k
Aug 25 2023
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 2022Property tax & assessments
Tax year 2022
Tax billed
$32,348
Tax year 2022
Assessed value
$1,009,600
Assessed 2023
Previous assessed
$1,009,600
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$220,000
Assessed improvement
$789,600
Land market value
$220,000
Improvement market value
$789,600
Total market value
$1,009,600
Applied tax rate
65.0000
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
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.17 ac (7,492 SF)
Zoning code
B
APN
65 00015-0000-00006
UPID
US59-1462327
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B · Wallington, NJZoning B · permitted uses
B · Wallington, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Regulations applicable to B Business Zone. A. Where a business structure is located adjacent to an existing business structure, the side yard adjacent to said existing business need not be required, provided that there is vehicle access to the rear yard. B. Business structures or uses shall not display goods for sale purposes outside of the structure in which such activity is carried on. C. No storage of any kind is permitted in the B Zone other than within an enclosed roofed building as in the Schedule of Area, Bulk and Yard Requirements. [1] [1]
Zone name
Business
General category
COMMERCIAL
Zone area
65.28 ac
Building & site characteristics
From public records
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
156 Mpr LLC
Entity
Mailing address
84 WALLINGTON AVE, LEHIGHTON, PA 18235
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2023
$600,000
156 Mpr LLC
Kazimierz Banas
Deed
$300,000 · Kazimierz Banas Etux
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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