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Financial
Distress signals
Property profile

397 2nd St Jersey City, NJ 07302

OFF-MARKET
Residential income homes
Property ID
US59-1520942
2,368 SF 0.03 ac lot Built 1890
Last sale Jul 1994 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value · 2023$975k
Assessed land$687k
Assessed improvement$288k
Effective rate2.12%

Value estimate

· Oct 2026
$640k
$576k – $704k
AI approach$450k
CAP approach$825k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
County average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$230 – $380
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-2
High-Rise Apartments. 1. Minimum 0.5 parking spaces per dwelling unit. 2. Office and Retail Use where permitted: None. 3. A minimum buffe...
General categoryRESIDENTIAL
JurisdictionHUDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Tanning Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tanning Salon7.4
Shoe Repair7.4
Assisted Living Facility7.3

Location

397 2nd St Jersey City, NJ 07302-2236
County assessor Recorded deeds · 4 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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