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Property profile & analytics
OFF-MARKET
Estimated value
$12,975,000
Commercial real estate
937 Broad St 955 Clifton, NJ 07013
Individually Owned
2-yr Hold
Free & Clear
Property ID
US59-0659832
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
73,836 SF
Lot
1.73 ac (75,359 SF)
Zoning code
R-4
APN
08 08207-0000-00001
UPID
US59-0659832
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
by Request
CAP Approach
CAP
$14.11M
Comparable Approach
Comparable
$12.32M
Blend (final)
Blend
$12.98M
Owner & transaction history
The State Of New Jersey · 2 yrs held
The State Of New Jersey
since 2023
Last sale
$19,400
5 recorded transactions
Zoning & alternative use
R-4 · Clifton, 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 Clifton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clifton 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%
$15,285,000
6.5%
$14,110,000
7%
$13,100,000
Blend value · Realmo final
$12.98M
Range $11.68M – $14.27M · ±10% · vs last sale $19k (Aug 30 2023)
Last sale anchor
$19k
Aug 30 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
$176 / 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
$468,842
Tax year 2022
Assessed value
$10,100,000
Assessed 2023
Previous assessed
$10,100,000
+0.0% YoY
Effective rate
4.64%
On assessed value
Assessed land
$1,283,600
Assessed improvement
$8,816,400
Land market value
$1,283,600
Improvement market value
$8,816,400
Total market value
$10,100,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Total area
73,836 SF
Lot
1.73 ac (75,359 SF)
Zoning code
R-4
APN
08 08207-0000-00001
UPID
US59-0659832
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R-4 · Clifton, NJ
Zoning R-4 · permitted uses
R-4 · Clifton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clifton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.73 ac
Current owner
From public records · entity-resolved
The State Of New Jersey
Individual
Free & Clear · 2 yrs held
Mailing address
1035 PKWY AVE W, EWING, NJ 08618-2309
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2023
$19,400
The State Of New Jersey
Adjacent Passaic Property LLC
Deed
—
Jun 16, 2017
$25,900,000
Ccm At Passaic Realty LLC
Great Falls Realty Assocs LLC
Grant Deed
—
Jun 16, 2017
—
Adjacent Passaic Property LLC
Ccm At Passaic Realty LLC
Grant Deed
related
—
Feb 28, 2003
—
Great Falls Realty Assocs
—
Trustees Deed
related
$14,875,000 · Gmac Commercial Mortgage Corp
—
—
Great Falls Realty Assn LLC
—
Deed Of Trust
related
$13,570,700 · Greystone Funding Corp
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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