Property profile

16 1st St Elizabeth, NJ 07206

OFF-MARKET
Bars & Pubs
Property ID
US59-2901589
3,990 SF 0.03 ac lot Built 1900
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Total area 3,990 SF
Lot 0.03 ac (1,350 SF)
APN 04 00784-0000-00021
UPID US59-2901589

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16 1st St Elizabeth, NJ 07206-1665
Elizabeth metro Census 30500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$690k
CAP Approach CAP
by Request
Comparable Approach Comparable
$506k
Blend (final) Blend
$520k

Owner & transaction history

since 2020
Last sale
$450,000
1 recorded transaction
2020
$450,000

Zoning & alternative use

Top alternative use upside
Office building $760,000 +14.5%
Commercial (general) $730,000 +9.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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