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Property profile & analytics
OFF-MARKET
Commercial real estate
638 Newark Ave, Jersey City, NJ 07306-2306
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-1606604
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
FRAME
Lot
0.07 ac (2,950 SF)
Zoning code
C-2
APN
06 08101-0000-00032
UPID
US59-1606604
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
-
D'Amato Tara P Law Firm
-
Rios and Associates Therapeutic Solutions,LLC Crisis Center Medical Clinic
-
Golden Door Dispensary (Bike/Boat/Book/etc) Store
-
Coyle John T Law Firm
-
Timothy Herrick Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
John T Coyle · 5 yrs held
John T Coyle
since 2020
5 recorded transactions
Zoning & alternative use
C-2 · Jersey City, NJ
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 Jersey City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jersey City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,280
Tax year 2023
Assessed value
$1,001,000
Assessed 2024
Previous assessed
$1,001,000
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$241,300
Assessed improvement
$759,700
Land market value
$241,300
Improvement market value
$759,700
Total market value
$1,001,000
Applied tax rate
6.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Construction
FRAME
Heating
YES
Stories
3
Units
2
Lot
0.07 ac (2,950 SF)
Zoning code
C-2
APN
06 08101-0000-00032
UPID
US59-1606604
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C-2 · Jersey City, NJ
Zoning C-2 · permitted uses
C-2 · Jersey City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jersey City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
FRAME
Heating
YES
Stories
3
Units
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
John T Coyle
Individual
Mailing address
638 NEWARK AVE, JERSEY CITY, NJ 07306-2306
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Aug 10, 2020
—
John T Coyle
—
Deed
related
$250,000 · Provident Bank
—
—
John T Coyle
—
Deed Of Trust
related
$150,000 · Provident Savings Bank
—
—
John T Coyle
—
Deed Of Trust
related
$150,000 · Provident Savings Bank
—
—
John T Coyle
—
Deed Of Trust
related
$250,000 · Provident Bk
—
—
John T Coyle
—
Deed Of Trust
related
$250,000 · Provident Bk
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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