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Property profile & analytics
OFF-MARKET
Estimated value
$290,000
Residential income homes
345 Main St Ogdensburg, NJ 07439-1061
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US59-1475101
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1965
Total area
3,748 SF
Lot
0.46 ac (20,038 SF)
Zoning code
R15
APN
16 00003- 08-00005
UPID
US59-1475101
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
$290k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$290k
Owner & transaction history
Steven Verbesky · 21 yrs held
Steven Verbesky
since 2005
4 recorded transactions
Zoning & alternative use
R15 · Ogdensburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ATION OF STREETS OR OTHER PUBLIC WAYS. § 30-400 DISTRICT REGULATIONS. § 30-401 GENERAL DISTRICT REGULATIONS. § 30-402 SUBDIVISIONS. § 30-403 PUBLIC PURPOSE USES. § 30-404 R10 SINGLE FAMILY RESIDENTIAL DISTRICT. § 30-405 R15 SINGLE FAMILY RESIDENTIAL DISTRICT. § 30-406 R30 RESIDENTIAL DISTRICT. § 30-407 R40 RESIDENTIAL DISTRICT. § 30-408 R100 RESIDENTIAL DIST…
Zone name
Residential 15000 Square Feet
General category
RESIDENTIAL
Zone area
308.47 ac
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 Ogdensburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ogdensburg 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
$290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$290k
Range $261k – $319k · ±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
$77 / 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
$13,893
Tax year 2022
Assessed value
$368,800
Assessed 2023
Previous assessed
$368,800
+0.0% YoY
Effective rate
3.77%
On assessed value
Assessed land
$81,900
Assessed improvement
$286,900
Land market value
$81,900
Improvement market value
$286,900
Total market value
$368,800
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1965
Heating
NONE
Stories
1
Units
1
Total area
3,748 SF
Lot
0.46 ac (20,038 SF)
Zoning code
R15
APN
16 00003- 08-00005
UPID
US59-1475101
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R15 · Ogdensburg, NJZoning R15 · permitted uses
R15 · Ogdensburg, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ATION OF STREETS OR OTHER PUBLIC WAYS. § 30-400 DISTRICT REGULATIONS. § 30-401 GENERAL DISTRICT REGULATIONS. § 30-402 SUBDIVISIONS. § 30-403 PUBLIC PURPOSE USES. § 30-404 R10 SINGLE FAMILY RESIDENTIAL DISTRICT. § 30-405 R15 SINGLE FAMILY RESIDENTIAL DISTRICT. § 30-406 R30 RESIDENTIAL DISTRICT. § 30-407 R40 RESIDENTIAL DISTRICT. § 30-408 R100 RESIDENTIAL DISTRICT. § 30-409 RMF RESIDENTIAL/SINGLE AND MULTI-FAMILY. § 30-410 CONTINUING CARE RE
Zone name
Residential 15000 Square Feet
General category
RESIDENTIAL
Zone area
308.47 ac
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Steven Verbesky
Individual
Mailing address
341 MAIN ST #345, OGDENSBURG, NJ 07439-1046
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2005
$604,000
Steven Verbesky
Soranno,donald
Grant Deed
$400,000 · First Magnus Financial Corp
—
—
Steven Verbesky
—
Deed Of Trust
related
$488,546 · First Hope Bank
—
—
Steven Verbesky
—
Deed Of Trust
related
$525,000 · First Hope Bank
—
—
Steven Verbesky
—
Deed Of Trust
related
$401,417 · First Hope Bank
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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