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Property profile & analytics
OFF-MARKET
Bars & Pubs
4 Market St, Passaic, NJ 07055-7383
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US59-3199748
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1930
Construction
FRAME
Lot
0.06 ac (2,500 SF)
Zoning code
U
APN
07 01035-0000-00027
UPID
US59-3199748
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jet Management LLC · 20 yrs held
Jet Management LLC
since 2005
6 recorded transactions
Zoning & alternative use
U · Passaic, 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 Passaic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Passaic 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
$8,106
Tax year 2022
Assessed value
$208,700
Assessed 2023
Previous assessed
$208,700
+0.0% YoY
Effective rate
3.88%
On assessed value
Assessed land
$110,000
Assessed improvement
$98,700
Land market value
$110,000
Improvement market value
$98,700
Total market value
$208,700
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
NONE
Stories
2
Lot
0.06 ac (2,500 SF)
Zoning code
U
APN
07 01035-0000-00027
UPID
US59-3199748
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
U · Passaic, NJ
Zoning U · permitted uses
U · Passaic, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Passaic. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
NONE
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Jet Management LLC
Entity
Mailing address
4 MARKET ST, PASSAIC, NJ 07055-7383
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2021
—
4 Market St LLC
—
Deed
related
$400,000 · Freedom Bank
Jul 26, 2005
$265,000
Jet Management LLC
Gt 4 Market LLC
Grant Deed
$198,000 · Amit Investor LLC
Jun 17, 2002
—
Gt 4 Market Street LLC
Brett,thomas J
Grant Deed
related
—
Feb 22, 2002
$112,000
Thomas J Brett
Greenpoint Bank
Grant Deed
—
Apr 27, 2001
$100
Greenpoint Bank
Franceschi,santos & Candido
Trustees Deed
related
—
—
—
Jet Management Ltd Liability
—
Deed Of Trust
related
$237,000 · Popular Financial Services 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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