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Property profile & analytics
OFF-MARKET
Estimated value
$1,665,000
Residential income homes
907 87th St North Bergen, NJ 07047-5149
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US59-1208769
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1925
Construction
BRICK
Total area
11,520 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R1
APN
08 00392-0000-00022
UPID
US59-1208769
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
$1.67M
Owner & transaction history
Nb 3 Realty LLC · 5 yrs held
Nb 3 Realty LLC
since 2020
4 recorded transactions
Zoning & alternative use
R1 · North Bergen, NJ
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 North Bergen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bergen 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
$145 / 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
$21,847
Tax year 2022
Assessed value
$1,383,600
Assessed 2023
Previous assessed
$1,383,600
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$620,000
Assessed improvement
$763,600
Land market value
$620,000
Improvement market value
$763,600
Total market value
$1,383,600
Applied tax rate
8.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1925
Construction
BRICK
Heating
NONE
Stories
3
Units
16
Total area
11,520 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R1
APN
08 00392-0000-00022
UPID
US59-1208769
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R1 · North Bergen, NJ
Zoning R1 · permitted uses
R1 · North Bergen, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Bergen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
BRICK
Heating
NONE
Stories
3
Units
16
Lot
0.11 ac
Current owner
From public records · entity-resolved
Nb 3 Realty LLC
Entity
Mailing address
350 W PASSAIC ST STE, ROCHELLE PARK, NJ 07662-3073
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2020
—
Nb 3 Realty LLC
Nb 3 Realty LLC
Correction Deed
related
—
Feb 27, 2007
$1,120,000
Nb 3 Realty LLC
Herbob Management
Grant Deed
$2,891,000 · Herbob Mgmt Co
—
—
Nb 3 Realty LLC
—
Deed Of Trust
related
$2,943,750 · Spencer Savings Bank Sla
—
—
Nb3 Realty LLC
—
Deed Of Trust
related
$3,600,000 · Customers 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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