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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Residential income homes
177 Central Ave, Hackensack, NJ 07601-3464
Entity Owned
13-yr Hold
Free & Clear
Property ID
US59-0893777
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1926
Construction
FRAME
Total area
3,380 SF
Lot
0.13 ac (5,624 SF)
APN
23 00325-0000-00010
UPID
US59-0893777
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
$870k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
177 Central Avenue LLC · 13 yrs held
177 Central Avenue LLC
since 2013
7 recorded transactions
Zoning & alternative use
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 Hackensack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hackensack 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$945,000
6.5%
$870,000
7%
$810,000
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$201 / SF
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
$18,645
Tax year 2022
Assessed value
$714,500
Assessed 2023
Previous assessed
$714,500
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$145,200
Assessed improvement
$569,300
Land market value
$145,200
Improvement market value
$569,300
Total market value
$714,500
Applied tax rate
23.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1926
Construction
FRAME
Heating
NONE
Stories
2
Units
4
Total area
3,380 SF
Lot
0.13 ac (5,624 SF)
APN
23 00325-0000-00010
UPID
US59-0893777
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1926
Construction
FRAME
Heating
NONE
Stories
2
Units
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
177 Central Avenue LLC
Entity
Free & Clear · 13 yrs held
Mailing address
230 CURLEY CT, PARAMUS, NJ 07652-1632
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2013
—
177 Central Avenue LLC
Farooqui,mohammad A & Syeda S
Grant Deed
—
Mar 25, 2013
$349,500
Mohammed A Farroqui
Federal Natl Mtg Assn Fnma
Grant Deed
—
Jan 3, 2013
—
Federal Natl Mtg Assn Fnma
Sheriff Of Bergen County
Trustees Deed
related
—
Mar 31, 2006
$484,000
Owen Harris
Zitzer,gil
Grant Deed
$387,200 · Wmc Mortgage Corp
—
—
Owen Harris
—
Deed Of Trust
related
$200,000 · Wareka Properties LLC
—
—
Owen Harris
—
Deed Of Trust
related
$420,000 · Wells Fargo Bank
—
—
Gil Zitzer
—
Deed Of Trust
related
$200,000 · Jersey Bridge Holding Corp
—
—
Gil Zitzer
—
Deed Of Trust
related
$312,000 · Opteum Financial Svcs LLC
—
—
Owen Harris
—
Deed Of Trust
related
$400,000 · Wareka Properties LLC
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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