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Property profile & analytics

1837 Greenwood Lake Tpke Hewitt, NJ 07421

  • Commercial real estate
  • 0.26 lot acres
For Sale
Last Sale
Apr 18, 2024
$275,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-0567880
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1837 Greenwood Lake Tpke

Year built
1985
Lot size
0.26 lot acres
Property type
Commercial real estate
APN
15 03701-0000-00005
APU
1503701000000005

Description

This exceptional 1000 square foot commercial space is ideally situated at 1837 Greenwood Lake Turnpike in Hewitt, NJ. The unit boasts a prime location with both front and rear entrances, ensuring high visibility and convenient access. Abundant natural light floods the space through numerous windows, creating a bright and inviting atmosphere. A half bath is conveniently located within the unit. The building itself is in excellent condition, featuring a recently installed new roof. Unit 1 has been freshly painted, enhancing its appeal. The parking lot has recently undergone seal coating and new parking lines have been added, improving both aesthetics and functionality. Landscaping is professionally maintained, contributing to the overall attractive curb appeal. The property sits on a 0.27-acre lot and shares gas and electric utilities. The space is currently part of a building that also houses a pool supply store. The property is zoned LC (Lake Commercial), permitting a variety of retail uses including, but not limited to: craft/specialty shops (art galleries, antique shops, bakeries, book & stationery stores, delis, clothing shops, florists, and specialty sporting goods stores). Restaurants, bars, taverns, and nightclubs are not permitted as individual uses, nor are drive-in businesses. Professional offices, banks, and financial institutions are also not permitted. A deed restriction prohibits any cannabis-related activities on the property. The asking price is $1800.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Hewitt
County
Passaic
State
New Jersey
Longitude
-74.3456
Latitude
41.1424
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$12,178
$80,300
$225,000
$305,300
-
$80,300
$225,000
$305,300
More about this property
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