UAM#: / REQUESTED BY: / Brokers Price Opinion / VACANT / OCCUPIED
Superior Bank FSB / SUPERIOR ACCOUNT NAME: / ACCOUNT #: / DATE / COMPLETED BY: / STEVE CRIVELLO / YRS EXP / PH# / (908) 300-0973
Servicing Division / Block 140/ Lot 8 / COMPLETED / COMPANY: / CRS AGENCY / 27 / FAX# / (908) 336-8183
12/2/2014 / COMPANY ADDRESS: / PO BOX 395, NESHANIC STN, NJ 08853 / EMAIL: /
SUBJECT PROPERTY / STYLE / BEDS / BTHS / RMS / GAR / LT/SIZE / AGE / SQ FT / CONDITION / BSMT / CONSTRUCTION TYPE
684 Grove St, Irvington, Nj / 9 unit / 5000 / 83 / 8841 / poor / Y / FRAME:
SINGLE / BRICK
MULIFAM / STUCCO
CONDO /
MH
TWNHM
/ OTHER
CURRENT COMPARABLE
PROPERTIES LISTED FOR SALE / STYLE / BEDS / BTHS / RMS / GAR / LT/ SIZE / AGE / SQ FT / CONDITION / BSMT / PROX / LIST PRICE /
DOM
/ COMMENTS
100-108 Grace St, Irvington,Nj / 12 uni / 12500 / 84 / 7200 / poor / Y / 1 / $184000 / 36 / superior multi-unit apartment building. taxes are $24,331
297 Ellis Ave, Irvington, Nj / 6 unit / 5000 / 84 / 9132 / good / Y / .1 / $249000 / 90 / superior multi-unit apartment buildi.ng. taxes are $12,285
698 Grove St, Irvington, Nj / 6 unit / 5000 / 93 / 6480 / good / Y / .1 / $349500 / 191 / superior multi-unit apartment building. taxes are $14,061
RECENT COMPARABLE
PROPERTIES SOLD / STYLE / BEDS / BTHS / RMS / GAR / LT/SIZE /
AGE
/ SQ FT / CONDITION / BSMT / PROX / LIST PRICE / SALE PRICE /
DOM
/ SLD DATE / COMMENTS
81 Montgomery Ave, Irvington, Nj / 6 unit / 6250 / 84 / 6300 / fair / Y / .5 / $160000 / $155000 / 9 / 12/13/2013 / superior multi-unit apartment building. taxes are $14,040
38-40 Tillinghast St, Newark, Nj / 6 unit / 5000 / 84 / 6000 / poor / Y / 1.4 / $85500 / $70000 / 64 / 8/26/2014 / similar multi-unit apartment building. taxes are $3,838.00
372-374 6th Ave W, Newark, Nj / 6 unit / 5000 / 84 / 4800 / fair / Y / 2 / $149900 / $80000 / 231 / 7/29/2014 / superior mixed-use building. taxes are $9,588
NEIGHBORHOOD VALUES
/
PROPERTY VALUES
/
SUPPLY
/
DEMAND
HIGH $1000000 LOW $50000 / URBAN SUBURB RURAL / INCREASING STABLE DECREASING / AVERAGE MKT TIME FOR AREA / HIGH LOW MOD

AS IS QUICK SALE VALUE

/ AS IS VALUE
(USING AVG MAKT TIME FOR AREA) / AVERAGE MKT TIME FOR AREA / REPAIRED VALUE
(USING AVG MKT TIME FOR AREA) / AVERAGE MKT TIME FOR AREA
PROJECTED SALES PRICE
(INPUT TO RIGHT) / $80000 / $85000 / 90-120 / $275000 / 90-120
SUGGESTED LIST PRICE
(INPUT TO RIGHT) / $84900 / $89900 / 90-120 / $279900 / 90-120
ESTMATE OF SUGGESTED
REPAIRS FOR EACH VALUE / $0 / $0 / 90-120 / $150000 / 90-120
PLEASE DESCRIBE
PROPERTY CONDITION: / THE SUBJECT IS A 9 UNIT APARTMENT BUILDING IN POOR CONDITION BASED ON EXTERIOR INSPECTION. THE PROPERTY HAS SEVERAL MISSING WINDOWS AND SIDING DAMAGES. FULL INTERIOR REPAIRS ARE NEEDED DUE TO MISSING WINDOWS.PROPERTY HAS SIX 3 BEDROOM UNITS&THREE 2 BEDROOM UNITS. TAXES ARE $20,586
DESCRIBE
AREA/NEIGHBORHOOD: / THE SUBJECT IS LOCATED IN AN URBAN AREA WHERE MANY HOMES ARE DISTRESSED AND THERE IS AN OVERSUPPLY OF INVENTORY PRESENT. DUE TO THIS OVERSUPPLY, PROPERTY VALUES IN THESE AREAS HAVE DECREASED SIGNIFICANTLY. THE SUBJECT AREA IS DRIVEN BY REO AND SHORT SALE TRANSACTIONS.

At minimum, the above information is to be completed along with pictures of the subject property and at least 3 of the comparable sales and sold properties. If available, the computer printout of all comparable properties for sale and sold within a reasonable distance to the subject property is to be attached to the BPO. Note: This form is not a replacement of a Realtors current BPO form, but shows the minimum information needed.