Technical
Financial
Distress signals
Property profile

449-451 Jersey St 451 Elizabeth, NJ 07206

OFF-MARKET
Bars & Pubs
Property ID
US59-1185639
4,649 SF 0.11 ac lot Built 1925
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1925
Total area 4,649 SF
Lot 0.11 ac (5,001 SF)
APN 04 00676-0000-00040
UPID US59-1185639

Cap rate & NOI

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

Location

449-451 Jersey St, Unit 451 Elizabeth, NJ 07206-1318
Elizabeth metro Census 30200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
$718k
Blend (final) Blend
$530k

Owner & transaction history

since 2017
4 recorded transactions
2017
$590,000
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $850,000 +9.6%

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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