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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Commercial real estate
203 Hillside Ave Livingston, NJ 07039-3648
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-1093921
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
3,242 SF
Lot
0.52 ac (22,499 SF)
Zoning code
R-3
APN
10 05601-0000-00014
UPID
US59-1093921
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
-
Zaldivar Marjel L DO Pediatrician Medical Clinic
-
Lander Jeffrey S MD Pediatrician Medical Clinic
-
Ronan Sharon MD Physician
-
Dr. Ami A. Mehta, MD Pediatrician Medical Clinic
-
Theresa Giannattasio Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$673k
Blend (final)
Blend
$680k
Owner & transaction history
Properties 143 LLC · 5 yrs held
Properties 143 LLC
since 2020
Last sale
$680,000
4 recorded transactions
Zoning & alternative use
R-3 · Livingston, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
/grills. § 170-94 Off-street parking and loading provisions. Article XII District Regulations § 170-95 WRC Water Resource Conservation District. § 170-96 R-1 Residence District. § 170-97 R-2 Residence District. § 170-98 R-3 Residence District. § 170-99 R-4 Residence District. § 170-100 R-5A Residence District. § 170-101 R-5B Residence District. § 170-102 R-5…
Zone name
Residential District
General category
RESIDENTIAL
Zone area
1,152.11 ac
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 Livingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livingston 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%
$745,000
6.5%
$690,000
7%
$640,000
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $680k (Nov 2 2020)
Last sale anchor
$680k
Nov 2 2020
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
$210 / 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
$23,092
Tax year 2022
Assessed value
$989,800
Assessed 2023
Previous assessed
$704,400
+40.5% YoY
Effective rate
2.33%
On assessed value
Assessed land
$437,200
Assessed improvement
$552,600
Land market value
$437,200
Improvement market value
$552,600
Total market value
$989,800
Applied tax rate
10.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1950
Heating
NONE
Units
1
Total area
3,242 SF
Lot
0.52 ac (22,499 SF)
Zoning code
R-3
APN
10 05601-0000-00014
UPID
US59-1093921
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-3 · Livingston, NJZoning R-3 · permitted uses
R-3 · Livingston, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
/grills. § 170-94 Off-street parking and loading provisions. Article XII District Regulations § 170-95 WRC Water Resource Conservation District. § 170-96 R-1 Residence District. § 170-97 R-2 Residence District. § 170-98 R-3 Residence District. § 170-99 R-4 Residence District. § 170-100 R-5A Residence District. § 170-101 R-5B Residence District. § 170-102 R-5C Residence District. § 170-103 R-5D Residence District. § 170-104 R-5E Residence D
Zone name
Residential District
General category
RESIDENTIAL
Zone area
1,152.11 ac
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Units
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Properties 143 LLC
Entity
Mailing address
11 SHORT HLS AVE, SHORT HILLS, NJ 07078-2556
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
—
Properties 143 LLC
—
Deed
related
$325,000 · Valley National Bank
Feb 24, 2022
—
Properties 143 LLC
—
Deed
related
$750,000 · Valley Bank
Feb 25, 2021
—
Properties 143 LLC
—
Deed
related
$150,000 · Valley Bank
Nov 2, 2020
$680,000
Properties 143 LLC
Richard Lander
Grant Deed
—
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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