Property profile

87-91 Elizabeth Ave 91 Elizabeth, NJ 07206

OFF-MARKET
Turn key restaurants
Property ID
US59-1232075
5,211 SF 0.17 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 5,211 SF
Lot 0.17 ac (7,283 SF)
APN 04 00783-0000-00027
UPID US59-1232075

Cap rate & NOI

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

Location

87-91 Elizabeth Ave, Unit 91 Elizabeth, NJ 07206-1632
Elizabeth metro Census 30500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$546k
Blend (final) Blend
$485k

Owner & transaction history

since 2021
Last sale
$440,000
4 recorded transactions
2021
$440,000
2007
Price N/A
1969
Price N/A
1969
Price N/A

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
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 87-91 Elizabeth Ave, Unit 91?
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