Technical
Financial
Distress signals
Property profile

101 2nd St Somerville, NJ 08876

OFF-MARKET
Industrial properties
Property ID
US59-1046900
1.76 ac lot
Entity Owned 33-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction BRICK
Lot 1.76 ac (76,800 SF)
Zoning code R-3
APN 18 00061- 02-00022
UPID US59-1046900

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electrical Service General Contractor

Location

101 2nd St Somerville, NJ 08876
Somerville metro Census 50400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 1992
1 recorded transaction
1992
$300,000

Zoning & alternative use

R-3 · Somerville, NJ
Zoning description

102-95 Applicability. § 102-96 Establishment of Zoning Districts. § 102-97 Zoning Map. § 102-98 Zoning Schedules. § 102-99 R-1 Single Family Residence District. § 102-100 R-2 Single Family Residence District. § 102-101 R…

General category RESIDENTIAL

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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