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Property profile & analytics
OFF-MARKET Estimated value $500,000
Residential income homes

139 Ackerman Ave Clifton, NJ 07011-1481

7,072 SF 0.32 ac lot Built 1890
Entity Owned 10-yr Hold Absentee Owner
Property ID
US59-3140590
Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1890
Construction FRAME
Total area 7,072 SF
Lot 0.32 ac (14,000 SF)
Zoning code R-B3
APN 02 00004- 10-00007
UPID US59-3140590
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
  • MJ & S Freight Corp Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
$601k
Blend (final) Blend
$500k
Owner & transaction history
Garden St Realty & Invs Corp · 10 yrs held
Garden St Realty & Invs Corp
since 2016
7 recorded transactions
2016
Price N/A
2009
$650,000
2007
$450,000
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R-B3 · Clifton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Meeting halls and clubs as permitted in R-B2 and R-B3 Zones, and subject to the same standards. Nursery schools as permitted in the R-B2 and R-B3 Zones, and subject to the same standards. Laboratories used for research, design or experimentation, provided that no materials or products shall be manufactured, processed or fabricated for sale or distribution. T…

Zone name Residential One And Two Family And Multifamily Apartments
General category RESIDENTIAL
Zone area 85.66 ac
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