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    160 Rt202 Montville, NJ 07045

    • Commercial real estate
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 160 Rt202

    Year built
    1828
    Lot size
    1.01 lot acres
    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montville
    County
    Morris
    State
    New Jersey
    Longitude
    -74.379
    Latitude
    40.9155

    Comparable in this City

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      2.19 Acres

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      159 Changebridge Rd

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    • Value Estimation
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      67 Boonton Ave

      COMMERCIAL (GENERAL) • 1,248 SF
      67 Boonton Ave, Montville, NJ 07045
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    • Value Estimation
      $395,000
      2,366 SF

      102 Hook Mtn Rd

      COMMERCIAL (GENERAL) • 2,366 SF
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      $410,000
      1,777 SF

      12 Riv Rd

      COMMERCIAL (GENERAL) • 1,777 SF
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    • Value Estimation
      $265,000
      0.02 Acres

      150 Riv Rd Ste B1b

      COMMERCIAL (GENERAL) • 0.02 Acres
      150 Riv Rd Ste B1b, Montville, NJ 07045-8917
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    Similar Nearby for Sale

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    • $385,000

      Commercial Land For Sale

      Commercial land available for purchase.
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    Similar Nearby for Lease

    • Contact for pricing
      1,126 SF

      Retail Space in Montville Center

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    • $1,500 /Mo

      Move-In Ready Office Space

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      Montville Office Space Available

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      2500 sq ft warehouse space for rent in Montville.
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    160 Rt202
    Montville, NJ 07045
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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