Individually Owned 
For Sale
1 / 3
$800,000
1455 Liberty Ave, Hillside, NJ 07205
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Property summary
AI-generated overview
This 4,400 sq ft commercial property is located in Hillside, New Jersey. The building is configured as a multi-tenant setup with four actively occupied tenant spaces. It features updates including electrical systems, drywall, and appliances. One unit is used as a renovated gym, indicating suitability for service-oriented and fitness-related uses. The property is situated near major highways and Newark Airport, placing it within an area that includes nearby residential neighborhoods and other businesses.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1934
Construction
CONCRETE BLOCKS
Lot
0.17 ac (7,601 SF)
Zoning code
R40
APN
07 01102-0000-00001
UPID
US59-1427175
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$405k
Owner & transaction history
since 2015
1 recorded transaction
Zoning & alternative use
R40 · Hillside, NJ
Zoning description
The purpose of this district is to promote single family dwellings
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$405k
Value range
$365k – $446k
±10% around blend
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$365k
blend $405k
$446k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
0.17 ac
Year built
1934
Stories
4
APN
07 01102-0000-00001
Zoning
R40
Assessed value
$258,900
Annual tax
$20,554
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$20,554
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$405k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 27 sales
$283
N/A
County 826 sales
$248
N/A
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
7.85%
Selected cap rate for this other commercial real estate
Derived from the Hillside market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.85%
9.0%
NOI (est.)
$63k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$800k
Move the market yield to see immediate price impact.
Value / SF
N/A
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.35%7.85%8.35%
$57k
$769k
$720k
$677k
$63k
$854k
$800k
$752k
$69k
$940k
$880k
$827k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$20,554
Tax year 2022
Assessed value
$258,900
Assessed 2023
Previous assessed
$258,900
+0.0% YoY
Effective rate
7.94%
On assessed value
Assessed land
$120,100
Assessed improvement
$138,800
Land market value
$120,100
Improvement market value
$138,800
Total market value
$258,900
Applied tax rate
7.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1934
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
4
Lot
0.17 ac (7,601 SF)
Zoning code
R40
APN
07 01102-0000-00001
UPID
US59-1427175
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R40 · Hillside, NJZoning R40 · permitted uses
R40 · Hillside, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of this district is to promote single family dwellings
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1934
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
4
Lot
0.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
R40
RESIDENTIAL
Jurisdiction
Hillside, NJ
Recorded code
R40
Official district
R40
Official district profile
What the municipal code says about R40
Zoning description
The purpose of this district is to promote single family dwellings
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R40 in Hillside, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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