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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Commercial real estate
307 Hillside Ave, Hillside, NJ 07205-1328
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1614056
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1924
Construction
FRAME
Total area
3,812 SF
Lot
0.05 ac (2,365 SF)
Zoning code
RC
APN
07 01101-0000-00002
UPID
US59-1614056
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
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$540k
Owner & transaction history
307 Hillside LLC · 3 yrs held
307 Hillside LLC
since 2023
5 recorded transactions
Zoning & alternative use
RC · Hillside, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hillside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillside 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
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$142 / 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
$11,726
Tax year 2022
Assessed value
$147,700
Assessed 2023
Previous assessed
$147,700
+0.0% YoY
Effective rate
7.94%
On assessed value
Assessed land
$35,000
Assessed improvement
$112,700
Land market value
$35,000
Improvement market value
$112,700
Total market value
$147,700
Applied tax rate
7.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1924
Construction
FRAME
Heating
NONE
Stories
3
Total area
3,812 SF
Lot
0.05 ac (2,365 SF)
Zoning code
RC
APN
07 01101-0000-00002
UPID
US59-1614056
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
RC · Hillside, NJ
Zoning RC · permitted uses
RC · Hillside, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Construction
FRAME
Heating
NONE
Stories
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
307 Hillside LLC
Entity
Mailing address
307 HILLSIDE AVE, HILLSIDE, NJ 07205-1328
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
—
307 Hillside LLC
Rodani Homes LLC
Deed
$585,000 · Columbia Bank
Sep 14, 2021
$365,000
Rodani Homes LLC
Deepak Changrani
Deed
$393,253 · Alpha Funding Ltd
Jun 23, 2006
$350,000
Deepak Changrani
Uzoho,chile G
Grant Deed
$223,000 · Greenpoint Mortgage Funding
May 13, 2004
$288,500
Chile G Uzoho
Bogie,james K
Grant Deed
$231,000 · Popular Financial Services LLC
May 4, 1999
$120,000
Gabriel Palmer
Demarco,salvatore R
Grant Deed
$114,000 · Norwest Mortgage INC
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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