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Property profile & analytics
OFF-MARKET
Estimated value
$3,310,000
Turn key restaurants
900 Newark Ave 906, Elizabeth, NJ 07208-3517
Entity Owned
Free & Clear
Property ID
US59-1656283
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Total area
2,232 SF
Lot
0.46 ac (19,998 SF)
APN
04 00136-0000-00019
UPID
US59-1656283
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.31M
Owner & transaction history
City Of Elizabeth
City Of Elizabeth
since 2025
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 Elizabeth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabeth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$1,483 / 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
$19,418
Tax year 2022
Assessed value
$63,500
Assessed 2023
Previous assessed
$63,500
+0.0% YoY
Effective rate
30.58%
On assessed value
Assessed land
$44,900
Assessed improvement
$18,600
Land market value
$44,900
Improvement market value
$18,600
Total market value
$63,500
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Total area
2,232 SF
Lot
0.46 ac (19,998 SF)
APN
04 00136-0000-00019
UPID
US59-1656283
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA 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
Building & site characteristics
From public records
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
City Of Elizabeth
Entity
Free & Clear · 0 yrs held
Mailing address
2 PARK AVE FL, NEW YORK, NY 10016-5626
Ownership since
2025
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
Dec 30, 2025
—
City Of Elizabeth
Dh Elberon Hewark Ave LLC
Deed
—
Jan 4, 2023
$53,500,000
Dh Elberon Newark Ave LLC
Baker Street Holdings LLC
Deed
—
Jan 4, 2023
—
Baker Street Holdings LLC
Baker Street Holdings LLC
Intrafamily Transfer
related
—
Mar 14, 2019
—
Baker Street Holdings LLC
891 Newark LLC
Correction Deed
—
Dec 7, 2018
$4,166,666
Baker Street Holdings LLC
Wg Elizabeth LLC
Grant Deed
—
Dec 7, 2018
—
Wg Elizabeth LLC
891 Newark LLC
Grant Deed
—
Oct 11, 2005
$33,000,000
Baker Center Dev LLC
Interbrake Foods LLC
Grant Deed
$34,650,000 · North Fork 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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