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Property profile & analytics
FOR SALE
Bars & Pubs
335 Elizabeth Ave, Elizabeth, NJ 07206
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US59-0909319
For Sale
$800,000
335 Elizabeth Ave, Elizabeth, NJ 07206
View Listing →
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1915
Total area
3,166 SF
Lot
0.06 ac (2,500 SF)
APN
04 00732-0000-00033
UPID
US59-0909319
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
Current use
Occupant on record · Public records
-
Sabor frito Restaurant
-
Blue Wave Productions Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fawaz Abdellatif · 7 yrs held
Fawaz Abdellatif
since 2019
6 recorded transactions
Zoning & alternative use
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 Elizabeth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabeth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,703
Tax year 2022
Assessed value
$35,000
Assessed 2023
Previous assessed
$35,000
+0.0% YoY
Effective rate
30.58%
On assessed value
Assessed land
$6,200
Assessed improvement
$28,800
Land market value
$6,200
Improvement market value
$28,800
Total market value
$35,000
Applied tax rate
4.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
For Sale
Year built
1915
Heating
NONE
Total area
3,166 SF
Lot
0.06 ac (2,500 SF)
APN
04 00732-0000-00033
UPID
US59-0909319
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1915
Heating
NONE
Lot
0.06 ac
Current owner
From public records · entity-resolved
Fawaz Abdellatif
Individual
Mailing address
2 DONALD ST, CLIFTON, NJ 07011-2908
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2019
—
Fawaz Abdellatif
Burruano,samuel
Grant Deed
$195,000 · Samuel Burruano LLC
Mar 22, 2019
$1,000
Samuel Burruano
Sheriff Of Union County|abdellatif,fawaz
Trustees Deed
—
Mar 22, 1995
$160,000
Fawaz Abdellatif
Gisondi,francesc
Grant Deed
—
Mar 15, 1995
$160,000
Fawaz Abdellatif
Franciosa,gisond
Grant Deed
—
—
—
Fawaz Abdellatif
—
Deed Of Trust
related
$127,500 · Samuel Burruano
—
—
Fawaz Abdellatif
—
Deed Of Trust
related
$125,000 · Arck Holdings LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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