Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

85-87 Berkshire Ave 87 Paterson, NJ 07502

OFF-MARKET
Commercial real estate
Property ID
US59-2915022
1,900 SF 0.16 ac lot
Last sale Mar 2025 · $440,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$205k
Assessed land$96k
Assessed improvement$109k
Effective rate4.64%

Value estimate

· Oct 2026
$350k
$315k – $385k
AI approach$395k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$186/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$108 – $295
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-1
A. R‐1 One Family Residential District: The intent of the R‐1 One Family Residential District is to provide for low‐density single‐family...
General categoryCIVIC_INSTITUTIONAL
JurisdictionPASSAIC

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 agency25.7
Law Firm17.6
Parking Facility12.4

Location

85-87 Berkshire Ave, Unit 87 Paterson, NJ 07502-1812
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

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

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
298-300 Edmund, Paterson, NJ 07502-1653 $650,000 May 2025 2,000 SF
222 Un, Paterson, NJ 07502-1845 $490,000 May 2023 2,400 SF
62 Sherman, Paterson, NJ 07502-2106 $200,000 Mar 2023 2,130 SF
224 Un, Paterson, NJ 07502-4115 $539,000 Aug 2022 2,240 SF
400 Totowa, Paterson, NJ 07502-2136 $370,000 Jul 2022 2,229 SF
432 Un, Paterson, NJ 07502-1927 $290,000 Jul 2022 1,407 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
You own 85-87 Berkshire Ave, Unit 87?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again