Technical
Financial
Distress signals
Property profile

601 Newark St 609 Hoboken, NJ 07030

OFF-MARKET
Commercial real estate
Property ID
US59-1739964
0.23 ac lot
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Lot 0.23 ac (10,213 SF)
Zoning code I-2
APN 05 00003-0000-00008
UPID US59-1739964

Cap rate & NOI

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

Location

601 Newark St, Unit 609 Hoboken, NJ 07030-6505
Hoboken metro Census 19200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2015
2 recorded transactions
2015
$3.5M
2000
$100,000

Zoning & alternative use

I-2 · Hoboken, NJ
Zoning description

sinesses: Medical Cannabis Dispensaries Cannabis Retail for Adult Use Cannabis Wholesale Operations Cannabis Delivery Services Cannabis Consumption License Cannabis businesses are permitted in the C-1, C-2, C-4, I-1 and…

General category MIXED_USE

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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