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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Turn key restaurants
400 Adams St C1 Hoboken, NJ 07030-2676
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1568208
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2000
Total area
2,347 SF
Lot
0.05 ac (2,348 SF)
Zoning code
R-2
APN
05 00060-0000-00024-0000-C00C1
UPID
US59-1568208
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
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.41M
Owner & transaction history
Fourth Street Hoboken LLC · 2 yrs held
Fourth Street Hoboken LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
R-2 · Hoboken, 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 Hoboken submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoboken 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
$1,560,000
ML approach
$1,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10% · vs last sale $1.30M (Aug 11 2023)
Last sale anchor
$1.30M
Aug 11 2023
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
$599 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,910
Tax year 2023
Assessed value
$841,000
Assessed 2024
Previous assessed
$841,000
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$453,200
Assessed improvement
$387,800
Land market value
$453,200
Improvement market value
$387,800
Total market value
$841,000
Applied tax rate
5.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2000
Heating
NONE
Total area
2,347 SF
Lot
0.05 ac (2,348 SF)
Zoning code
R-2
APN
05 00060-0000-00024-0000-C00C1
UPID
US59-1568208
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R-2 · Hoboken, NJ
Zoning R-2 · permitted uses
R-2 · Hoboken, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hoboken. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Fourth Street Hoboken LLC
Entity
Mailing address
400 ADAMS STC1, HOBOKEN, NJ 07030-2676
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2023
$1,300,000
Fourth Street Hoboken LLC
400 Adams Street LLC
Deed
$950,000 · Haven Savings Bank
Apr 14, 2008
—
Michael Mantore
Mantore,michael
Quit Claim Deed
related
—
Jan 3, 2008
$990,000
400 Adams St LLC
Jc Adams LLC
Grant Deed
$1,330,000 · Bcb Community Bank
Aug 16, 2007
—
J C Adams LLC
—
Trustees Deed
related
$30,000 · Tetrode Investments INC
Mar 26, 2004
—
Jc Adams LLC
—
Trustees Deed
related
$26,000 · Charles Voight
Mar 13, 2004
—
Jc Adams LLC
—
Trustees Deed
related
$60,000 · Nine Thirty LLC
Mar 10, 2004
$420,000
Jc Adams LLC
Donnell,robert
Grant Deed
—
Apr 8, 2003
$172,000
Michael Mantore
Gladu,robert B
Grant Deed
—
May 30, 2002
$172,000
Eileen Klotz
Ingravallo,grazia
Grant Deed
—
Jul 27, 2000
$155,000
James A Lempenau
Donnell,robert
Grant Deed
—
Jun 19, 2000
$119,000
Jia Y Moun
Donnell,robert
Grant Deed
$94,200 · Cendant Mortgage Corp
—
—
Michael Mantore
—
Deed Of Trust
related
$46,968 · Wells Fargo Bank
—
—
Stephanie Swane
—
Deed Of Trust
related
$15,000 · Washington Mutual Fsb
—
—
Eileen Klotz
—
Deed Of Trust
related
$166,840 · Washington Mutual Fsb
—
—
James A Lempenau
—
Deed Of Trust
related
$115,000 · Chase Manhattan Mortgage Corp
—
—
J C Adams LLC
—
Deed Of Trust
related
$450,000 · Greenpoint Mortgage Funding
—
—
400 Adams St LLC
—
Deed Of Trust
related
$250,000 · Bcb Community Bank
—
—
Robert B Gladu
—
Deed Of Trust
related
$18,000 · Kraft Foods FCU
—
—
Robert Donnell
—
Deed Of Trust
related
$600,000 · Norcrown Bank Of Roseland
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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