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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Industrial properties
1109 70th St North Bergen, NJ 07047-3904
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0301413
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1950
Construction
BRICK
Total area
4,420 SF
Lot
0.11 ac (4,950 SF)
Zoning code
C1
APN
08 00224-0000-00006
UPID
US59-0301413
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
Current use
Occupant on record · Public records
-
Caratina Jewelry (Bike/Boat/Book/etc) Store
-
Silversmiths Inc Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$464k
Blend (final)
Blend
$520k
Owner & transaction history
Haigang LLC · 4 yrs held
Haigang LLC
since 2021
Last sale
$475,000
3 recorded transactions
Zoning & alternative use
C1 · North Bergen, 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 North Bergen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bergen 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
$610,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $475k (Nov 4 2021)
Last sale anchor
$475k
Nov 4 2021
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
$118 / 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
$14,809
Tax year 2022
Assessed value
$937,900
Assessed 2023
Previous assessed
$937,900
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$107,800
Assessed improvement
$830,100
Land market value
$107,800
Improvement market value
$830,100
Total market value
$937,900
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1950
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Total area
4,420 SF
Lot
0.11 ac (4,950 SF)
Zoning code
C1
APN
08 00224-0000-00006
UPID
US59-0301413
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C1 · North Bergen, NJ
Zoning C1 · permitted uses
C1 · North Bergen, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Bergen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Haigang LLC
Entity
Mailing address
1109 70TH ST, NORTH BERGEN, NJ 07047-3904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2021
$475,000
Haigang LLC
Innovation Timepieces Holdings LLC
Deed
$403,000 · Hanmi Bank
Aug 29, 2007
$555,000
Innovation Timepieces Holdings
Rm 1109 LLC
Grant Deed
related
—
Dec 16, 2002
$308,000
Rm 1109 LLC
Abbasi,amin & Ghada
Grant Deed
$230,000 · Bank Of New York
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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