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Property profile & analytics
OFF-MARKET
Estimated value
$4,930,000
Residential income homes
204 60th St, West New York, NJ 07093
Entity Owned
4-yr Hold
Property ID
US59-0629682
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1925
Construction
BRICK
Total area
20,831 SF
Lot
0.17 ac (7,250 SF)
APN
12 00046-0000-00029
UPID
US59-0629682
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
$6.02M
CAP Approach
CAP
$5.37M
Comparable Approach
Comparable
$4.86M
Blend (final)
Blend
$4.93M
Owner & transaction history
204 60th Street LLC · 4 yrs held
204 60th Street LLC
since 2021
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.7M
+20.0%
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 West New York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West New York 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
$6,105,000
ML approach
$6,015,000
CAP Approach
CAP Return
Estimation
6%
$5,810,000
6.5%
$5,365,000
7%
$4,980,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,575,000
Current use
COMMERCIAL (GENERAL)
$6,690,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$4.93M
Range $4.44M – $5.42M · ±10% · vs last sale $4.75M (Dec 2 2021)
Last sale anchor
$4.75M
Dec 2 2021
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
$237 / 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
$38,259
Tax year 2022
Assessed value
$492,900
Assessed 2023
Previous assessed
$492,900
+0.0% YoY
Effective rate
7.76%
On assessed value
Assessed land
$185,000
Assessed improvement
$307,900
Land market value
$185,000
Improvement market value
$307,900
Total market value
$492,900
Applied tax rate
12.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1925
Construction
BRICK
Heating
NONE
Stories
4
Units
1
Total area
20,831 SF
Lot
0.17 ac (7,250 SF)
APN
12 00046-0000-00029
UPID
US59-0629682
Jurisdiction
HUDSON
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1925
Construction
BRICK
Heating
NONE
Stories
4
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
204 60th Street LLC
Entity
Mailing address
2105 W COUNTY LINE RDRDSU1, JACKSON, NJ 08527-2301
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2021
$4,745,000
204 60th Street LLC
204 60th LLC
Deed
$7,440,000 · Connectone Bank
May 10, 2018
$4,000,000
204 60th LLC
Filmore Norse LLC
Deed
$5,700,000 · Connection Bank
Jan 27, 2017
$7,800,000
Filmore Nors LLC
New Hudson Group LLC
Grant Deed
—
Jan 10, 2013
—
Filmore Norse LLC
—
Deed Of Trust
related
$5,440,000 · Customers Bank
Oct 5, 2011
—
Filmore Norse LLC
—
Deed Of Trust
related
$4,650,000 · State Bank Of Long Island
Jan 13, 2007
$4,050,000
Filmore Norse LLC
Mtsh Realty LLC
Grant Deed
$3,200,000 · Sovereign Bank
Jul 1, 2003
$2,700,000
60th Street Investments LLC
Chadda,sushil K & Veena
Grant Deed
$1,760,000 · Independence Community Bank
—
—
Filmore Norse LLC
—
Deed Of Trust
related
$3,900,000 · Signature Bank
—
—
Filmore Norse LLC
—
Loan Modification
related
$6,300,000 · Peapack Gladstone Bk
—
—
Filmore Norse LLC
—
Deed Of Trust
related
$4,200,000 · Northfield Bank Fsb
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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