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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Commercial real estate
972 Broadway Bayonne, NJ 07002-4056
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-1324175
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1920
Construction
BRICK
Total area
5,966 SF
Lot
0.06 ac (2,625 SF)
APN
01 00078-0000-00042
UPID
US59-1324175
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
$776k
Blend (final)
Blend
$1.07M
Owner & transaction history
S&m 972 Broadway B LLC · 1 yrs held
S&m 972 Broadway B LLC
since 2025
Last sale
$999,990
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 Bayonne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bayonne 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,655,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,520,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $1,000k (Jan 3 2025)
Last sale anchor
$1,000k
Jan 3 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$179 / 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
$24,118
Tax year 2022
Assessed value
$916,000
Assessed 2023
Previous assessed
$916,000
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$255,000
Assessed improvement
$661,000
Land market value
$255,000
Improvement market value
$661,000
Total market value
$916,000
Applied tax rate
1.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
YES
Stories
3
Total area
5,966 SF
Lot
0.06 ac (2,625 SF)
APN
01 00078-0000-00042
UPID
US59-1324175
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Construction
BRICK
Heating
YES
Stories
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
S&m 972 Broadway B LLC
Entity
Mailing address
970 BROADWAY #972, BAYONNE, NJ 07002-4053
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
S&m 972 Broadway B LLC
—
Deed
related
$2,400,000 · Columbia Bank
Apr 3, 2025
$999,990
S&m 972 Broadway B LLC
970 Broadway LLC
Deed
$862,000 · Realty Closing Solution LLC
Jun 29, 2018
—
970 Broadway LLC
—
Deed
related
$1,500,000 · Greystone Svcg
Feb 16, 2016
$1,525,000
970 Broadway LLC
Mjmd LLC
Grant Deed
$1,010,000 · Connectone Bk
Jan 26, 2016
—
Mjmd LLC
—
Trustees Deed
related
$15,000 · Bcb Cmnty Bk
Jul 2, 2008
—
Mjmd LLC
Donnelly,michael W
Grant Deed
$700,000 · Pamrapo Savings Bank
—
—
Michael J Donnelly
—
Deed Of Trust
related
$300,000 · Pamrapo Savings Bank
—
—
970 Broadway LLC
—
Deed Of Trust
related
$1,500,000 · Greystone Svcg
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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