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Property profile & analytics
OFF-MARKET Estimated value $1,120,000
Banks

104 Ely Rd Boonton, NJ 07005-1114

3,544 SF 0.65 ac lot Built 2006
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US59-1857657
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2006
Construction FRAME
Total area 3,544 SF
Lot 0.65 ac (28,445 SF)
Zoning code B-4
APN 01 00114- 01-00001- 01
UPID US59-1857657
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
$781k
Blend (final) Blend
$1.12M
Owner & transaction history
Peapack Gladstone Bank · 5 yrs held
Peapack Gladstone Bank
since 2021
Last sale
$999,900
4 recorded transactions
2021
$999,900
2008
Price N/A
2006
$1
1969
Price N/A
Zoning & alternative use
B-4 · Boonton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Within the B-1, B-2, B-3, B-4, C-1 and C-2 Districts, every building hereafter constructed, erected or placed for a use as permitted by this chapter shall face or front said building upon an approved public street. Within the B-5 District, every building hereafter constructed, erected or placed for a use as permitted by this chapter shall face the interior p…

Zone name Office Building
General category COMMERCIAL
Zone area 19.49 ac
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