Financial
Distress signals
Property profile

111 Maltese Dr Totowa, NJ 07512

FOR LEASE
Other industrial properties
Property ID
US59-1804804
30,959 SF 4.6 ac lot Built 1970
Last sale Jan 2024 · $13,680,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial/flex building totaling 30,959 square feet situated on 4.6 acres. The structure features 23-foot ceiling height, 26 tailgates, and one drive-in door. Site and vehicle accommodations include 43 auto parking spaces plus additional trailer parking space. The building is served by a wet sprinkler system and includes office space with air-conditioning. Construction was listed as underway, and the property is zoned I-3, with access to Routes 80, 23, and US-46.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$68k
Tax billed · 2022
Assessed value · 2023$2.79M
Assessed land$1.71M
Assessed improvement$1.08M
Effective rate2.44%

Value estimate

· Sep 2026
$13.68M
$12.31M – $15.05M
AI approach$13.68M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$184/SF
Submarket average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$99 – $311
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPASSAIC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.2
Nail Salon11.0
Spa & Massage10.9

Location

111 Maltese Dr Totowa, NJ 07512
County assessor Recorded deeds · 12 transfers 14 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
755 Un, Totowa, NJ 07512-2207 $2,331,267 Sep 2024 48,019 SF
60 Commerce, Totowa, NJ 07512 $5,471,000 Jun 2024 48,358 SF
657 Un, Totowa, NJ 07512-2418 $8,350,000 Mar 2024 53,094 SF
145 Shepherds, Totowa, NJ 07512-2130 $3,400,000 Nov 2022 31,423 SF
60 Gordon, Totowa, NJ 07512-2204 $3,893,000 Jul 2022 45,841 SF
81 Adams, Totowa, NJ 07512-2201 $11,500,000 Jan 2022 52,732 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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