Technical
Financial
Distress signals
Property profile

981-983 18th Ave 983 Newark, NJ 07106

OFF-MARKET
Residential income homes
Property ID
US59-1009724
0.11 ac lot Built 1900
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1900
Construction BRICK
Lot 0.11 ac (5,001 SF)
APN 14 04050-0000-00001
UPID US59-1009724

Cap rate & NOI

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

Location

981-983 18th Ave, Unit 983 Newark, NJ 07106-2615
Newark metro Census 2300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.54M

Owner & transaction history

since 2020
Last sale
$2.3M
7 recorded transactions
2020
$2.3M
2014
Price N/A
2013
Price N/A
2013
$75,000
2010
$325,000
2009
Price N/A
2007
$1.3M

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
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