Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$14,600,000
Hotels
60 31st St Kenilworth, NJ 07033-1302
Individually Owned
1-yr Hold
Free & Clear
Property ID
US59-1778839
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Lot
3.27 ac (142,615 SF)
APN
08 00179-0000-00003
UPID
US59-1778839
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
Current use
Occupant on record · Public records
-
New Jersey Relocation Council Association Or Organization
-
Aliperti's Culinary Concepts Restaurant
-
UPS Courier Service Postal Service
-
The Kenilworth Hotel Hotel & Motel
-
Trellis Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.60M
Owner & transaction history
Rose Hotels Ltd · 1 yrs held
Rose Hotels Ltd
since 2025
Last sale
$14.6M
5 recorded transactions
Zoning & alternative use
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 Kenilworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kenilworth 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
$14,605,000
ML approach
$9,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.60M
Range $13.14M – $16.06M · ±10% · vs last sale $14.60M (Dec 12 2023)
Last sale anchor
$14.60M
Dec 12 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
—
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
$176,800
Tax year 2022
Assessed value
$3,305,900
Assessed 2023
Previous assessed
$3,305,900
+0.0% YoY
Effective rate
5.35%
On assessed value
Assessed land
$1,264,500
Assessed improvement
$2,041,400
Land market value
$1,264,500
Improvement market value
$2,041,400
Total market value
$3,305,900
Applied tax rate
8.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Heating
NONE
Lot
3.27 ac (142,615 SF)
APN
08 00179-0000-00003
UPID
US59-1778839
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA 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
Building & site characteristics
From public records
Heating
NONE
Lot
3.27 ac
Current owner
From public records · entity-resolved
Rose Hotels Ltd
Individual
Free & Clear · 1 yrs held
Mailing address
60 S 31ST ST, KENILWORTH, NJ 07033-1302
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
$3,300,000
Rose Hotels Ltd
Jitendra Lodhia
Deed
—
Jul 1, 2025
$1,922,454
Rose Hotels Ltd
Cascade Hotel LLC
Deed
—
Feb 1, 2024
—
Cascade Hotel LLC
—
Deed
related
$8,860,000 · Parke Bank
Dec 12, 2023
$14,600,000
Cascade Hotel LLC
Lakhani Associates LLC
Deed
$9,000,000 · Pjd Capital
Dec 26, 2012
—
Lakhani Associates LLC
Brix Kenilworth LLC
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 60 31st St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
