Property profile

1015 Newark Ave 1027 Elizabeth, NJ 07208

OFF-MARKET
Industrial properties
Property ID
US59-2043317
1,825,000 SF 3.04 ac lot
Trust Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 1,825,000 SF
Lot 3.04 ac (132,323 SF)
APN 04 00192-0000-00005
UPID US59-2043317

Cap rate & NOI

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

Location

1015 Newark Ave, Unit 1027 Elizabeth, NJ 07208-3518
Elizabeth metro Census 31602 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.46M

Owner & transaction history

since 2014
3 recorded transactions
2014
$2.8M
2007
Price N/A
1969
Price N/A

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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