Property profile

231 Prospect St Englewood, NJ 07631

OFF-MARKET
Residential income homes
Property ID
US59-2114059
2,415 SF 0.16 ac lot Built 1923
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1923
Construction BRICK
Total area 2,415 SF
Lot 0.16 ac (7,187 SF)
Zoning code R-E
APN 15 00902-0000-00009- 01
UPID US59-2114059

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

231 Prospect St Englewood, NJ 07631-2373
Englewood metro Census 15401 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$620k
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

R-E · Englewood, NJ
Zoning description

R-E 25 7 30 Except as provided in Subsection I(3) hereof with respect to a corner lot, each lot in a one-family residence district shall have two side yards, each of which shall not be less than the minimum width set out…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $885,000 +11.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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