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Property profile & analytics
OFF-MARKET
Estimated value
$325,000
Turn key restaurants
83 Main St Ogdensburg, NJ 07439-1236
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US59-3051083
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Total area
5,880 SF
Lot
0.29 ac (12,423 SF)
Zoning code
BC
APN
16 00007-0000-00006
UPID
US59-3051083
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
-
Atlantic Manor Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$325k
Owner & transaction history
Oorch LLC · 6 yrs held
Oorch LLC
since 2019
5 recorded transactions
Zoning & alternative use
BC · Ogdensburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
BC BOROUGH CENTER DISTRICT. § 30-412 CR COMMERCIAL RETAIL DISTRICT. § 30-413 LI/C - LIGHT INDUSTRIAL - COMMERCIAL. § 30-414 I/C INDUSTRIAL-COMMERCIAL. § 30-415 PC PUBLIC CONSERVATION. § 30-500 GENERAL PROVISIONS AND DESIGN STANDARDS.
Zone name
Borough Center Commercial
General category
COMMERCIAL
Zone area
19.89 ac
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 Ogdensburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ogdensburg 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$325k
Range $293k – $358k · ±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
$55 / 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
$20,978
Tax year 2022
Assessed value
$556,900
Assessed 2023
Previous assessed
$556,900
+0.0% YoY
Effective rate
3.77%
On assessed value
Assessed land
$138,600
Assessed improvement
$418,300
Land market value
$138,600
Improvement market value
$418,300
Total market value
$556,900
Applied tax rate
16.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1900
Heating
NONE
Total area
5,880 SF
Lot
0.29 ac (12,423 SF)
Zoning code
BC
APN
16 00007-0000-00006
UPID
US59-3051083
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
BC · Ogdensburg, NJZoning BC · permitted uses
BC · Ogdensburg, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
BC BOROUGH CENTER DISTRICT. § 30-412 CR COMMERCIAL RETAIL DISTRICT. § 30-413 LI/C - LIGHT INDUSTRIAL - COMMERCIAL. § 30-414 I/C INDUSTRIAL-COMMERCIAL. § 30-415 PC PUBLIC CONSERVATION. § 30-500 GENERAL PROVISIONS AND DESIGN STANDARDS.
Zone name
Borough Center Commercial
General category
COMMERCIAL
Zone area
19.89 ac
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
0.29 ac
Current owner
From public records · entity-resolved
Oorch LLC
Entity
Mailing address
15 AMES BLVD, HAMBURG, NJ 07419-1514
Ownership since
2019
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
Sep 26, 2019
$655,000
Oorch LLC
83 Main Street LLC
Grant Deed
$458,500 · Sb One Bk
Feb 17, 2004
$280,000
83 Main Street LLC
Long Shot Properties LLC
Grant Deed
—
Nov 21, 2002
$150,000
Long Shot Properties LLC
Coleman Plaza INC
Grant Deed
$127,500 · Northern Funding LLC
Nov 8, 1991
$60,000
Coleman Plaza INC
Unknown
Grant Deed
—
—
—
83 Main St LLC
—
Deed Of Trust
related
$600,000 · Millennium Bcpbank NA
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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