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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Industrial properties
204 Columbus Ave, Roselle, NJ 07203-2018
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US59-2918806
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1965
Construction
BRICK
Total area
7,680 SF
Lot
0.23 ac (10,001 SF)
Zoning code
I
APN
14 02901-0000-00001
UPID
US59-2918806
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
$1.33M
Comparable Approach
Comparable
$760k
Blend (final)
Blend
$1.13M
Owner & transaction history
Abc Storage & Warehouse LLC · 10 yrs held
Abc Storage & Warehouse LLC
since 2016
7 recorded transactions
Zoning & alternative use
I · Roselle, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+32.5%
Office building
$1.6M
+17.7%
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 Roselle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roselle 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%
$1,435,000
6.5%
$1,325,000
7%
$1,230,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,330,000
Current use
COMMERCIAL (GENERAL)
$1,760,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,565,000
Change: +18% · Conversion: Difficult
RESTAURANT
$1,225,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±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
$146 / 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
$24,541
Tax year 2022
Assessed value
$287,500
Assessed 2023
Previous assessed
$287,500
+0.0% YoY
Effective rate
8.54%
On assessed value
Assessed land
$120,000
Assessed improvement
$167,500
Land market value
$120,000
Improvement market value
$167,500
Total market value
$287,500
Applied tax rate
14.0000
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
Year built
1965
Construction
BRICK
Heating
NONE
Stories
1
Total area
7,680 SF
Lot
0.23 ac (10,001 SF)
Zoning code
I
APN
14 02901-0000-00001
UPID
US59-2918806
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
I · Roselle, NJ
Zoning I · permitted uses
I · Roselle, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roselle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
RESTAURANT
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
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
1965
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Abc Storage & Warehouse LLC
Entity
Mailing address
923 44TH ST, BROOKLYN, NY 11219-1738
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
—
Abc Storage & Warehouse LLC
—
Deed
related
$385,000 · Habib American Bank
Jun 30, 2016
$600,000
Abc Storage & Warehouse LLC
Freshbrew Coffee Service INC
Grant Deed
$450,000 · M&t Bk
Apr 25, 1994
$280,000
Freshbren Coffee Serv
Rlty T C
Grant Deed
$240,000 · Summit Bank
Mar 15, 1989
$420,000
T C Realty Associates
Unknown
Grant Deed
—
—
—
Freshbrew Coffee Service INC
—
Deed Of Trust
related
$400,000 · Summit Bank
—
—
Freshbrew Coffee Service INC
—
Deed Of Trust
related
—
—
—
Freshbrew Coffee Services INC
—
Deed Of Trust
related
$310,000 · Summit Bank
—
—
Freshbrew Coffee Service INC
—
Deed Of Trust
related
$315,000 · M & T Bank
—
—
Freshbrew Coffee Service INC
—
Deed Of Trust
related
$600,000 · Jack Weiner Estate
—
—
Freshbrew Coffee Service INC
—
Deed Of Trust
related
$200,000 · Summit Bank
—
—
Freshbrew Coffee Service INC
—
Deed Of Trust
related
$400,000 · Wachovia Bank NA
—
—
Freshbrew Coffee Service INC
—
Deed Of Trust
related
$492,000 · Wachovia Bank NA
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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