Property profile

847 2nd Ave Elizabeth, NJ 07202

OFF-MARKET
Turn key restaurants
Property ID
US59-1246350
1,452 SF 0.05 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 1,452 SF
Lot 0.05 ac (1,987 SF)
APN 04 00594-0000-00013
UPID US59-1246350

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

847 2nd Ave Elizabeth, NJ 07202-3865
Elizabeth metro Census 31100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2019
3 recorded transactions
2019
$360,000
2013
Price N/A
2004
$382,000

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
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