Entity Owned Property summary
This exceptional 10-unit multifamily property located at 222-224 70th St, Guttenberg, NJ 07093, presents a compelling investment opportunity. Priced at $2,877,000, it boasts a strong 6.08% cap rate and a substantial net operating income (NOI) of $174,863. The property comprises nine residential units – a mix of one, two, and three-bedroom apartments – and one commercial space. Further enhancing its value are 18 storage units, generating additional income streams. Recent upgrades include new… water heaters, brand new windows, and a roof replacement completed in phases (2015 and 2017). Security is ensured with 20 security cameras installed throughout the building. Landlord responsibilities include heat, hot water, water/sewer, and electricity, minimizing tenant expenses. The property offers significant upside potential, with an average rent of $1,810 compared to a market rent of $2,508, indicating a substantial increase in rental income upon turnover. Conveniently located, the building is approximately an 8-minute walk to the Boulevard East at 72nd St bus stop, providing easy access to Midtown Manhattan via a 10-minute bus ride. This value-add opportunity presents a strong cash-on-cash return of 5.57% and a pro forma cap rate of 8.51%, making it an attractive investment for discerning buyers. The price per unit is $319,667.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.11 ac
- Stories
- 2
- APN
- 03 00026-0000-00029
- Assessed value · 2023
- $954,700
- Annual tax · 2022
- $37,014
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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