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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Residential income homes
67 Washington Ave Westwood, NJ 07675-2032
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1225126
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1904
Construction
BRICK
Total area
2,431 SF
Lot
0.27 ac (11,892 SF)
APN
67 00904-0000-00003
UPID
US59-1225126
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$873k
Blend (final)
Blend
$745k
Owner & transaction history
Robert Mcgarry · 19 yrs held
Robert Mcgarry
since 2007
7 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 Westwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westwood 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$800,000
Current use
COMMERCIAL (GENERAL)
$785,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$745k
Range $671k – $820k · ±10%
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
$306 / SF
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
$22,435
Tax year 2022
Assessed value
$965,500
Assessed 2023
Previous assessed
$965,500
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$377,700
Assessed improvement
$587,800
Land market value
$377,700
Improvement market value
$587,800
Total market value
$965,500
Applied tax rate
67.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1904
Construction
BRICK
Heating
NONE
Stories
2
Units
3
Total area
2,431 SF
Lot
0.27 ac (11,892 SF)
APN
67 00904-0000-00003
UPID
US59-1225126
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$785,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1904
Construction
BRICK
Heating
NONE
Stories
2
Units
3
Lot
0.27 ac
Current owner
From public records · entity-resolved
Robert Mcgarry
Individual
Mailing address
2 KNOLLWOOD RD, WOODCLIFF LAKE, NJ 07677-8196
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2007
—
Robert Mcgarry
Mcgarry,robert
Quit Claim Deed
related
—
Jan 11, 2007
$832,000
Robert Mcgarry
Mcguinness,patrick A & Joan
Grant Deed
—
—
—
Robert Mcgarry
—
Deed Of Trust
related
$420,000 · Pascack Community Bank
—
—
Patrick Mcguinness
—
Deed Of Trust
related
$333,700 · First Magnus Financial Corp
—
—
Robert J Mcgarry
—
Deed Of Trust
related
$200,000 · Lakeland Bank
—
—
Robert Mcgarry
—
Deed Of Trust
related
$100,000 · Lakeland Bank
—
—
Robert Mcgarry
—
Deed Of Trust
related
$200,000 · Lakeland Bank
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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