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Property profile & analytics
OFF-MARKET
Estimated value
$5,510,000
Industrial properties
44 Utter Ave Hawthorne, NJ 07506-2132
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US59-0809615
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1968
Construction
CONCRETE BLOCKS
Total area
37,482 SF
Lot
1.65 ac (71,874 SF)
APN
04 00174-0000-00030- 04
UPID
US59-0809615
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
$6.56M
Comparable Approach
Comparable
$3.78M
Blend (final)
Blend
$5.51M
Owner & transaction history
Yudel Kahan · 19 yrs held
Yudel Kahan
since 2006
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.2M
+18.9%
Office building
$6.9M
+0.0%
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 Hawthorne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hawthorne 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
by Request
CAP Approach
CAP Return
Estimation
6%
$7,105,000
6.5%
$6,555,000
7%
$6,090,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,900,000
Current use
COMMERCIAL (GENERAL)
$8,205,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$6,900,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$5.51M
Range $4.96M – $6.06M · ±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
$147 / 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
$105,064
Tax year 2022
Assessed value
$3,561,500
Assessed 2023
Previous assessed
$3,561,500
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$990,000
Assessed improvement
$2,571,500
Land market value
$990,000
Improvement market value
$2,571,500
Total market value
$3,561,500
Applied tax rate
4.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
37,482 SF
Lot
1.65 ac (71,874 SF)
APN
04 00174-0000-00030- 04
UPID
US59-0809615
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$8.2M
OFFICE BUILDING
Est. value
$6.9M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Yudel Kahan
Individual
Mailing address
PO BOX 247, FRANKLIN LAKES, NJ 07417-0247
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2019
—
Apmsn Holdings LLC
—
Deed
related
$1,700,000 · Columbia Bank
Jun 19, 2018
—
Apmsn Holdings LLC
—
Deed
related
$5,000 · Columbia Bank
Jun 18, 2018
—
Apmsn Holdings LLC
—
Deed
related
$1,950,000 · Columbia Bk
Nov 1, 2006
$1
Yudel Kahan
Churchill Realty Holdings LLC
Grant Deed
related
—
Nov 1, 2006
$2,200,000
Td Banknorth NA
Apmsn Holdings LLC
Grant Deed
related
—
Jun 3, 2003
$2,000,000
Churchill Realty Holdings LLC
Jaffa,david
Grant Deed
related
$1,365,000 · Si Bank & Trust
—
—
Apmsn Holdings LLC
—
Deed Of Trust
related
$1,950,000 · Columbia Bk
—
—
Apmsn Holdings LLC
—
Deed Of Trust
related
$3,000,000 · Td Bank NA
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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