Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fv Ave 31st Grant St St Fairview, NJ 07022
    Back to Search
    Property profile & analytics

    Fv Ave 31st Grant St St, Fairview, NJ 07022

    View on Map
    • Commercial real estate
    • 1,172 SF
    • 0.08 lot acres
    Off-Market
    Last Sale May 2, 2022
    $520,000
    Property ID
    US59-3128465
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    2.8%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Fv Ave 31st Grant St St

    Year built
    1917
    Construction
    BRICK
    Lot size
    0.08 lot acres
    Zone code
    RC
    Property type
    Commercial real estate
    APN
    18 00218-0000-00010
    APU
    1800218000000010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 2, 2022 — Renato Guglielmo Renato Guglielmo Intrafamily Transfer · related —
    Feb 24, 2005 $520,000 Mercurio Guglielmo Chan,po Y Grant Deed $272k · Boiling Spring Savings & Loan
    Jun 4, 2004 $408,000 Po Y Chan Nussbaum,william Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $585,000
      ML approach
      $555,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $489,000
      Market price range: $231k - $490k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $345,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0013
    Latitude
    40.8113
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $13,046
    $167,200
    $419,800
    $587,000
    -
    $167,200
    $419,800
    $587,000

    Comparable in this City

    • Value Estimation by Request

      175 Broad Ave Ste, Unit 2

      COMMERCIAL CONDOMINUIM
      175 Broad Ave Ste, Fairview, NJ 07022-1562
      View Details
    • Value Estimation by Request
      0.17 Acres

      218-222 Anderson Ave, Unit 222

      COMMERCIAL (GENERAL)
      218-222 Anderson Ave, Fairview, NJ 07022-1402
      View Details
    • Value Estimation by Request
      0.22 Acres

      44 Bergen Blvd

      COMMERCIAL (GENERAL)
      44 Bergen Blvd, Fairview, NJ 07022-1873
      View Details
    • Value Estimation by Request
      2.15 Acres

      815 Fairview Ave

      COMMERCIAL (GENERAL)
      815 Fairview Ave, Fairview, NJ 07022-1573
      View Details
    • Value Estimation by Request
      0.16 Acres

      363 Fairview Ave

      COMMERCIAL (GENERAL)
      363 Fairview Ave, Fairview, NJ 07022-2113
      View Details
    • Value Estimation by Request
      0.06 Acres

      58 Industrial Ave

      COMMERCIAL (GENERAL)
      58 Industrial Ave, Fairview, NJ 07022-1605
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Remodeled Nail Salon in Fairview

      Turnkey nail salon in a high-traffic Fairview shopping center.
      216-222 Bergen Blvd, Fairview, NJ 07022
      View Details
    • Contact for pricing

      Versatile Warehouse Near New York

      All-brick warehouse with high ceilings, ideal for various commercial uses.
      29-31 Industrial Ave, Fairview, NJ 07022
      View Details
    • $1,225,000

      New Construction Two-Family Home

      Recently constructed two-family home with modern finishes and separate utilities.
      177 Maple St, Fairview, NJ 07022
      View Details
    • Contact for pricing

      Established Restaurant in Bergen County

      Beloved Bergen County restaurant with seating for 70 guests.
      169 Anderson Ave, Fairview, NJ 07022
      View Details
    • $1,100,000

      Fairview Two-Family Home For Sale

      Two-family home in Fairview, NJ, move-in ready for investors.
      88 Shaler Ave, Fairview, NJ 07022
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fairview Flex Space Available

      Flex space for lease, clean and ready to occupy.
      395 Henry St, Fairview, NJ 07022
      View Details
    • Contact for pricing

      Professional Office Space Available

      Shared office space near Bergen Blvd, includes parking.
      17-19 Industrial Ave, Fairview, NJ 07022
      View Details
    • Contact for pricing

      70,228 SF Fairview Industrial Facility

      Well-located industrial space ideal for warehousing, distribution, or light manufacturing.
      15 Division St, Fairview, NJ 07022
      View Details
    • Contact for pricing

      70,228 SF Industrial Facility

      Well-maintained industrial facility for lease near major transportation routes.
      15 Division St, Fairview, NJ 07022
      View Details
    • Contact for pricing

      Industrial Warehouse Unit For Rent

      Industrial warehouse unit with office, bathroom, and parking.
      17-19 Industrial Ave, Fairview, NJ 07022
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Fv Ave 31st Grant St St
    Fairview, NJ 07022
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Fv Ave 31st Grant St St, Fairview, NJ, 07022
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!