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Property profile & analytics
OFF-MARKET
Industrial properties
1460 Chestnut Ave, Hillside, NJ 07205-1112
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US59-2523167
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
CONCRETE BLOCKS
Lot
1.78 ac (77,537 SF)
Zoning code
HI
APN
07 00202-0000-00009
UPID
US59-2523167
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
1460 Chestnut St LLC · 9 yrs held
1460 Chestnut St LLC
since 2016
7 recorded transactions
Zoning & alternative use
HI · 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 2022Property tax & assessments
Tax year 2022
Tax billed
$107,978
Tax year 2022
Assessed value
$1,360,100
Assessed 2023
Previous assessed
$1,360,100
+0.0% YoY
Effective rate
7.94%
On assessed value
Assessed land
$315,000
Assessed improvement
$1,045,100
Land market value
$315,000
Improvement market value
$1,045,100
Total market value
$1,360,100
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
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
1.78 ac (77,537 SF)
Zoning code
HI
APN
07 00202-0000-00009
UPID
US59-2523167
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
HI · Hillside, NJ
Zoning HI · permitted uses
HI · 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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
1.78 ac
Current owner
From public records · entity-resolved
1460 Chestnut St LLC
Entity
Mailing address
1462 CHESTNUT AVE, HILLSIDE, NJ 07205-1112
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
—
1460 Chestnut St LLC
—
Deed
related
$7,500,000 · Fulton Bank NA
Oct 24, 2016
$4,470,000
1460 Chestnut St LLC
Lucky Invs International LLC
Grant Deed
$3,799,500 · Bank Of America
Dec 13, 2011
$2,425,000
Lucky Investment International
1460 Chestnut Associates LLC
Grant Deed
$2,172,000 · 1460 Chestnut Associates LLC
Jun 8, 2010
$454,536
1460 Chestnut Associates LLC
Sheriff Of Union County
Trustees Deed
related
—
May 25, 2007
—
Suenest Realty Co
—
Trustees Deed
related
$325,000 · Nicholas Russo
—
—
Suenest Realty Co
—
Deed Of Trust
related
$1,800,000 · United National Bank
—
—
Seunest Realty Co
—
Deed Of Trust
related
$200,000 · Eli & Martha Schessel
—
—
Suenest Realty
—
Deed Of Trust
related
$500,000 · Elazar Cohen
—
—
Suenest Realty Co
—
Deed Of Trust
related
$630,000 · Kari-out Co
—
—
Suenest Realty Co
—
Deed Of Trust
related
$50,000 · Aql Decorating Co INC
—
—
Associated Mechanical Devices
—
Deed Of Trust
related
$470,000 · Kari-out Co
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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