Technical
Financial
Distress signals
Property profile

375 Mt Hope Ave Rockaway, NJ 07866

OFF-MARKET
Hotels
Property ID
US59-1675443
90,775 SF 4.35 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Total area 90,775 SF
Lot 4.35 ac (189,486 SF)
Zoning code R-B
APN 35 11001-0000-00008- 01
UPID US59-1675443

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm
  • Hotel & Motel
  • Bar & Pub Restaurant

Location

375 Mt Hope Ave Rockaway, NJ 07866-1645
Rockaway metro Census 44504 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.79M
Comparable Approach Comparable
$9.36M
Blend (final) Blend
$8.58M

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

R-B · Rockaway, NJ
Top alternative use upside
Commercial (general) $10.0M +52.5%

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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