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Property profile & analytics
OFF-MARKET
Commercial real estate
1042 Broad St Hillside, NJ 07205-2840
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US59-0003626
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1909
Construction
FRAME
Total area
2,392 SF
Lot
0.24 ac (10,576 SF)
Zoning code
R40
APN
07 01712-0000-00049
UPID
US59-0003626
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mauricio Pereira · 21 yrs held
Mauricio Pereira
since 2004
Last sale
$334,000
7 recorded transactions
Zoning & alternative use
R40 · Hillside, 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 Hillside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillside 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$21,186
Tax year 2023
Assessed value
$264,400
Assessed 2024
Previous assessed
$264,400
+0.0% YoY
Effective rate
8.01%
On assessed value
Assessed land
$99,000
Assessed improvement
$165,400
Land market value
$99,000
Improvement market value
$165,400
Total market value
$264,400
Applied tax rate
7.0000
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
Year built
1909
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
2,392 SF
Lot
0.24 ac (10,576 SF)
Zoning code
R40
APN
07 01712-0000-00049
UPID
US59-0003626
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R40 · Hillside, NJ
Zoning R40 · permitted uses
R40 · Hillside, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1909
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Mauricio Pereira
Individual
Mailing address
1042 N BROAD ST, HILLSIDE, NJ 07205-2840
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2009
—
Mauricio Pereira
—
Trustees Deed
related
$150,000 · Manuel Dacosta
Jun 26, 2008
—
Mauricio Pereira
—
Trustees Deed
related
$549,500 · Crown Bank
Oct 4, 2004
$250,000
Mauricio Pereira
Hud
Grant Deed
$200,000 · Countrywide Home Loans INC
Jun 23, 2004
$10
Hud
Chase Manhattan Mortgage Corp
Quit Claim Deed
related
—
Jun 23, 2004
$180,000
Chase Manhattan Mortgage Corp
Sheriff Of Union County
Trustees Deed
related
—
Sep 30, 1997
$128,500
Mary Smith
Lenz,thomas E
Grant Deed
$126,892 · Paramount Funding
—
—
Gustavo Carreno
—
Deed Of Trust
related
$50,500 · Wachovia Bank NA
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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