Technical
Financial
Distress signals
Property profile

489 Prt Reading Ave Port Reading, NJ 07064

OFF-MARKET
Residential income homes
Property ID
US59-1715048
2,404 SF 0.15 ac lot Built 1907
Individually Owned 13-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1907
Construction TYPE NOT SPECIFIED
Total area 2,404 SF
Lot 0.15 ac (6,408 SF)
Zoning code B-1
APN 25 00649- 01-00015
UPID US59-1715048

Cap rate & NOI

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

Location

489 Prt Reading Ave Port Reading, NJ 07064-1700
Port Reading metro Census 3401 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2013
2 recorded transactions
2013
$325,000
2005
Price N/A

Zoning & alternative use

B-1 · Port Reading, NJ

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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