Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6112 Durham Ave North Bergen, NJ 07047-3410
    Back to Search
    Property profile & analytics

    6112 Durham Ave, North Bergen, NJ 07047-3410

    View on Map
    • Residential income homes
    • 3,856 SF
    • 0.11 lot acres
    Off-Market
    Property ID
    US59-0568326
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $770,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 6112 Durham Ave

    Year built
    1915
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Zone code
    R1
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    08 00204-0000-00651
    APU
    800204000000651

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 26, 2013 $480,000 Natl Corp Holdings LLC Korogluyan,ovsanna Grant Deed · related —
    Aug 27, 2001 $228,000 Arutin Korogluyan Punda,zdzislaw & Danuta Grant Deed —
    Dec 21, 1992 $150,000 Zdzislaw Punda Unknown Grant Deed —
    — — Ovsanna Korogluyan — Deed Of Trust · related $100k · Wachovia Bank NA
    — — Arutin Korogluyan — Deed Of Trust · related $325k · Pamrapo Savings Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,075,000
      6.5%
      $995,000
      7%
      $920,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $985,000
      Current use
      COMMERCIAL (GENERAL)
      $1,115,000
      Change: +14% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Bergen
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0212
    Latitude
    40.7931
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $14,211
    $324,000
    $576,000
    $900,000
    -
    $324,000
    $576,000
    $900,000

    Comparable in this City

    • Value Estimation by Request
      1.29 Acres

      8900 Blvd E Blvd

      APARTMENT HOUSE (UNDER 5 UNITS)
      8900 Blvd E Blvd, North Bergen, NJ 07047-6055
      View Details
    • Value Estimation by Request
      1.54 Acres

      10 Woodcliff Ave

      APARTMENT HOUSE (UNDER 5 UNITS)
      10 Woodcliff Ave, North Bergen, NJ 07047-6128
      View Details
    • Value Estimation
      $645,000
      2.00 Acres

      6115 Granton Ave

      APARTMENT HOUSE (UNDER 5 UNITS)
      6115 Granton Ave, North Bergen, NJ 07047-3344
      View Details
    • Value Estimation
      $790,000
      4,710 SF

      1108 12th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      1108 12th St, North Bergen, NJ 07047-1853
      View Details
    • Value Estimation
      $785,000
      3,753 SF

      1200 13th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      1200 13th St, North Bergen, NJ 07047-1803
      View Details
    • Value Estimation
      $915,000
      5,437 SF

      1200 43rd St

      APARTMENT HOUSE (UNDER 5 UNITS)
      1200 43rd St, North Bergen, NJ 07047-2749
      View Details

    Similar Nearby for Sale

    • $1,050,000
      0.05 Acres

      Mixed-Use Investment in North Bergen

      Fully leased mixed-use property in a prime location.
      7317 Broadway, North Bergen, NJ 07047
      View Details
    • Contact for pricing

      Fully Leased Mixed-Use Asset

      Income-producing property with residential and commercial units in North Bergen.
      6245 Kennedy Blvd, North Bergen, NJ 07047
      View Details
    • Contact for pricing

      Mixed-Use Building with Pizzeria

      Mixed-use building with pizzeria and updated two-bedroom apartment.
      4410 Bergen Tpke, North Bergen, NJ 07047
      View Details
    • $4,200,000
      14,000 SF

      North Bergen Warehouse Investment Opportunity

      Warehouse with development potential in desirable North Bergen location.
      9103 3Rd Ave, North Bergen, NJ 07047
      View Details
    • $1,745,000

      North Bergen Investment Opportunity

      Well-maintained 11-unit building near park and NYC transportation.
      400 Woodcliff Ave, North Bergen, NJ 07047
      View Details
    • $1,200,000

      Versatile 2-Family Home with Bonus Unit

      2-family home with bonus unit in North Bergen, NJ.
      138 76Th St, North Bergen, NJ 07047
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo

      Renovated Apartment in North Bergen

      Cozy, renovated ground-floor apartment near NYC transportation.
      7810 3Rd Ave, North Bergen, NJ 07047
      View Details
    • Contact for pricing

      Boulevard East Apartment with Skyline View

      Spacious 1-bedroom apartment with NYC skyline view for rent.
      7411 Boulevard, North Bergen, NJ 07047
      View Details
    • $15 SF/Yr

      North Bergen Office Space Available

      8,000 SF office space with private entrance and elevator.
      8901 Bergenline Ave, North Bergen, NJ 07047
      View Details
    • Contact for pricing

      North Bergen Industrial Space Available

      102,291 SF industrial space with convenient access to NYC.
      7001 Anpesil Dr, North Bergen, NJ 07047
      View Details
    • Contact for pricing
      204,646 SF

      North Bergen Industrial Distribution Space

      102,291 SF industrial space with superior access to NYC.
      7001 Anpesil Dr, North Bergen, NJ 07047
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6112 Durham Ave
    North Bergen, NJ 07047-3410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6112 Durham Ave, North Bergen, NJ, 07047
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!