Financial
Distress signals
Property profile

89 Main St Little Falls, NJ 07424

FOR SALE
Other commercial real estate
Property ID
US59-2018146
5,560 SF 0.07 ac lot
Last sale Feb 2025 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A landmark commercial building constructed circa 1921, historically known as the “Little Falls Bank,” located in Little Falls at a busy intersection in the town center. The property is adjacent to a municipal parking lot and is approximately one block from the Little Falls Train Station, with additional nearby rail service toward Upper Montclair. The building has been updated with replaced or newly installed mechanical systems, including HVAC, electrical, plumbing, and heating. Interior space

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value · 2024$1.31M
Assessed land$147k
Assessed improvement$1.16M
Effective rate3.28%

Value estimate

· Sep 2026
$690k
$621k – $759k
AI approach$685k
NOI build-up
Gross scheduled income$188k
Vacancy & credit loss−$11k
Operating expenses−$53k
NOI · 9.96% cap applied$124k

Realmo valuation models over county records and 26 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$152 – $300
Qualifying comparables26

Cap rate analysis

How does the asset earn?
9.96%
$124k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPASSAIC

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Smoke and Vape Shop9.7
Catering Service8.8

Location

89 Main St Little Falls, NJ 07424
County assessor Recorded deeds · 1 transfer 26 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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