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Property profile & analytics
OFF-MARKET
Commercial real estate
12 State Rt 23rd N Hamburg, NJ 07419-1413
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-1225225
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1874
Construction
STONE
Total area
3,593 SF
Lot
0.13 ac (5,597 SF)
Zoning code
RO
APN
09 00031-0000-00001
UPID
US59-1225225
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
Ferdi Yusuf Memili · 4 yrs held
Ferdi Yusuf Memili
since 2022
Last sale
$489,900
7 recorded transactions
Zoning & alternative use
RO · Hamburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
nd R-2 Residential Zone Regulations § 215-26 Principal permitted uses. § 215-27 Other permitted uses. § 215-28 Conditional uses. § 215-29 Accessory uses. § 215-29.1 Dimensional standards. § 215-30 (Reserved) Article VII RO Residential/Office Zone Regulations § 215-31 Principal permitted uses. § 215-32 Permitted accessory uses. § 215-33 Conditional uses. § 21…
Zone name
Residential Office
General category
MIXED_USE
Zone area
29.72 ac
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 Hamburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamburg 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 2022Property tax & assessments
Tax year 2022
Tax billed
$9,024
Tax year 2022
Assessed value
$245,100
Assessed 2023
Previous assessed
$245,100
+0.0% YoY
Effective rate
3.68%
On assessed value
Assessed land
$56,000
Assessed improvement
$189,100
Land market value
$56,000
Improvement market value
$189,100
Total market value
$245,100
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1874
Construction
STONE
Heating
NONE
Stories
1
Total area
3,593 SF
Lot
0.13 ac (5,597 SF)
Zoning code
RO
APN
09 00031-0000-00001
UPID
US59-1225225
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
RO · Hamburg, NJZoning RO · permitted uses
RO · Hamburg, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
nd R-2 Residential Zone Regulations § 215-26 Principal permitted uses. § 215-27 Other permitted uses. § 215-28 Conditional uses. § 215-29 Accessory uses. § 215-29.1 Dimensional standards. § 215-30 (Reserved) Article VII RO Residential/Office Zone Regulations § 215-31 Principal permitted uses. § 215-32 Permitted accessory uses. § 215-33 Conditional uses. § 215-34 Dimensional standards. § 215-35 (Reserved) Article VIII P Public Use Zone Reg
Zone name
Residential Office
General category
MIXED_USE
Zone area
29.72 ac
Building & site characteristics
From public records
Year built
1874
Construction
STONE
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Ferdi Yusuf Memili
Individual
Mailing address
127 SCHOFIELD RD, WEST MILFORD, NJ 07480-4538
Ownership since
2022
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 7, 2022
$489,900
Ferdi Yusuf Memili
Emily Banta
Deed
$342,900 · Citadel Servicing Corporation
Sep 21, 2020
—
Emily Banta
—
Deed
related
$248,000 · Family First Funding LLC
Oct 11, 2019
—
Emily Banta
—
Deed
related
$207,000 · Family First Fndg
Jan 16, 2019
$149,000
Emily Banta
43 Fowler Street Proect LLC
Grant Deed
$197,398 · Family First Fndg
Sep 29, 2014
—
43 Fowler Street Project LLC
Griffin,james
Grant Deed
related
—
Mar 9, 1999
$125,000
James Griffin
Margalef,george
Grant Deed
—
—
—
Emily Banta
—
Deed Of Trust
related
$207,000 · Family First Fndg
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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