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    Property profile & analytics

    224 Main St Newark, NY 14513-1243

    • Investment properties
    • 11,344 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $150,000
    Last Sale
    Mar 24, 2025
    $130,000
    Location Intelligence
    Property ID
    US63-0237112
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 224 Main St

    Year built
    1965
    Lot size
    0.37 lot acres
    Property size
    11,344 SF
    Zone code
    B2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    542001 68111-18-321153
    APU
    5420016811118321153

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Wayne
    State
    New York
    Longitude
    -77.0962
    Latitude
    43.0494
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $11,500
    $13,500
    $25,000
    -
    $17,969
    $21,094
    $39,063

    Comparable in this City

    • Value Estimation by Request
      4,958 SF

      1171 Un St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,958 SF
      1171 Un St, Newark, NY 14513-9201
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    • Value Estimation by Request
      11,949 SF

      108 Miller St

      OFFICE/RESIDENTIAL (MIXED USE) • 11,949 SF
      108 Miller St, Newark, NY 14513-1423
      View Details
    • Value Estimation
      $205,000
      6,655 SF

      214 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,655 SF
      214 Main St, Newark, NY 14513-1421
      View Details
    • Value Estimation
      $230,000
      6,237 SF

      207 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,237 SF
      207 Main St, Newark, NY 14513
      View Details
    • Value Estimation
      $315,000
      4,138 SF

      115 Miller St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,138 SF
      115 Miller St, Newark, NY 14513-1524
      View Details
    • Value Estimation by Request
      3,060 SF

      606 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,060 SF
      606 Main St, Newark, NY 14513-1727
      View Details

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    224 Main St
    Newark, NY 14513-1243
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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