Financial
Distress signals
Property profile

622 Jefferson Ave Scranton, PA 18510

FOR SALE
Other apartment buildings
Property ID
US73-0993748
0.31 ac lot
Last sale Jun 2023 · $785,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
Saved · see the list in your Dashboard
Market Trends Soon
622 Jefferson Ave, Scranton, PA 18510 For Sale
$785,000
622 Jefferson Ave, Scranton, PA 18510
View Listing →

Property summary

AI-generated overview

A 7-unit multifamily residential building located at 622 Jefferson Avenue in Scranton, Pennsylvania. The property features a newer roof and is configured with separate utilities for each unit. Off-street parking is provided with 16 spaces located behind the building. Unit layouts are designed for self-contained occupancy, supporting independent operation across multiple units. The property is situated near major hospitals and schools.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$27k
Assessed land$12k
Assessed improvement$15k
Effective rate34.90%

Value estimate

· Sep 2026
$885k
$797k – $974k
AI approach$845k
NOI build-up
Gross scheduled income$134k
Vacancy & credit loss−$8k
Operating expenses−$57k
NOI · 8.84% cap applied$69k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
8.84%
$69k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLACKAWANNA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.6
Spa & Massage18.7
Hair Salon16.0

Location

622 Jefferson Ave Scranton, PA 18510
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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
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?”
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