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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Residential income homes
454-456 Newfield Ave Bridgeport, CT 06607
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-1178178
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1897
Total area
7,698 SF
Lot
0.18 ac (7,722 SF)
Zoning code
RBB
APN
BRID M:30 B:617 L:4
UPID
US15-1178178
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
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$765k
Blend (final)
Blend
$625k
Owner & transaction history
Cj Realty LLC · 2 yrs held
Cj Realty LLC
since 2023
Last sale
$515,000
7 recorded transactions
Zoning & alternative use
RBB · Bridgeport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$930,000
+3.6%
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 Bridgeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgeport 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
$695,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$895,000
Current use
OFFICE BUILDING
$930,000
Change: +4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$790,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $515k (Dec 14 2021)
Last sale anchor
$515k
Dec 14 2021
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
$81 / 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
$13,279
Tax year 2023
Assessed value
$305,620
Assessed 2023
Previous assessed
$305,620
+0.0% YoY
Effective rate
4.34%
On assessed value
Assessed land
$33,230
Assessed improvement
$272,390
Applied tax rate
100.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1897
Heating
HOT WATER
Buildings
1
Stories
3
Units
4
Rooms
20
Bathrooms
4
Total area
7,698 SF
Lot
0.18 ac (7,722 SF)
Zoning code
RBB
APN
BRID M:30 B:617 L:4
UPID
US15-1178178
Jurisdiction
BRIDGEPORT
Zoning & alternative use
RBB · Bridgeport, CT
Zoning RBB · permitted uses
RBB · Bridgeport, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bridgeport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$895,000
OFFICE BUILDING
Est. value
$930,000
COMMERCIAL (GENERAL)
Est. value
$790,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1897
Heating
HOT WATER
Stories
3
Buildings
1
Units
4
Rooms
20
Bathrooms
4
Lot
0.18 ac
Current owner
From public records · entity-resolved
Cj Realty LLC
Entity
Free & Clear · 2 yrs held
Mailing address
39 LONGVIEW RD #456, TRUMBULL, CT 06611-5411
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2023
$635,000
Cj Realty LLC
Syed A Ali
Warranty Deed
—
Dec 14, 2021
$515,000
Syed A Ali
Farley Plaza
Warranty Deed
$497,811 · Continental Mortgage Banking
Dec 12, 2017
—
Plaza Wnedy & Farley
Tuthill Finance
Quit Claim Deed
related
$177,900 · Pennymac
Apr 7, 2015
—
Tuthill Finance
Tuthill Finance|johnson Stephen
Foreclosure
related
—
Dec 4, 2014
—
Reo Recovery LLC
Johnson,stephen
Quit Claim Deed
related
—
Sep 10, 2013
$131,000
Trade Scape INC
Reo Recovery LLC
Warranty Deed
—
Jan 24, 2013
$1
Reo Recovery LLC
Johnson,stephen
Grant Deed
related
—
Jun 23, 2008
$72,000
Stephen G Johnson
Liquidation Propertie INC
Warranty Deed
$250,000 · Tuthill Finance
Jun 23, 2008
$1
Liquidation Propertie INC
Accredited Home Lenders
Grant Deed
related
—
Oct 22, 2007
$396,230
Home Lenders Accredited
Driscoll,maureen
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Dec 13, 2005
$370,000
Roksana Zaman
Asgar,mohamed
Warranty Deed
$296,000 · Accredited Home Lenders
Jun 3, 2004
$260,000
Mohamed Asgar
Ahamed,rashid
Warranty Deed
$237,510 · Guaranty Residential
Jun 24, 2002
$157,000
Rashid Ahamed
Crawford,william B
Warranty Deed
$141,300 · Guaranty Residential
Sep 4, 1997
$125,000
William B Crawford
A Realty Management Co
Warranty Deed
$100,000 · Saxon National Mortgage
May 30, 1997
$18,000
A Realty Management Co
Real Time Investments
Grant Deed
related
—
Mar 17, 1988
—
Haywood Mcelveen
—
Deed Of Trust
related
$80,300 · Advanced Financial Services
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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