Well, honey, the value of 004 is simply 4. When you see a number with a leading zero like that, it's just fancy dressing with no real substance. So, in this case, strip away the zeros and you're left with good old 4.
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The value of 004 is 4. In mathematics, any number with a leading zero is considered to be in octal (base-8) notation. In octal, the digits range from 0 to 7, so the value of 004 is equivalent to 4 in decimal (base-10) notation.
Oh, dude, you're really testing my math skills here. So, the value of 004 is technically just 4. I mean, it's like having three zeros at a party where the real action is happening at the "4" table.