Property profile

108 Grant Ave 16 Plainfield, NJ 07060

OFF-MARKET
Industrial properties
Property ID
US59-1412362
6,384 SF 0.83 ac lot Built 1978
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Construction CONCRETE BLOCKS
Total area 6,384 SF
Lot 0.83 ac (36,089 SF)
Zoning code MU
APN 12 00227-0000-00061
UPID US59-1412362

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
  • Auto Repair Shop
  • (Bike/Boat/Book/etc) Store

Location

108 Grant Ave, Unit 16 Plainfield, NJ 07060-1008
Plainfield metro Census 39502 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$857k
Blend (final) Blend
$390k

Owner & transaction history

since 2011
4 recorded transactions
2022
Price N/A
2019
Price N/A
2011
$380,000
1969
Price N/A

Zoning & alternative use

MU · Plainfield, NJ
Zoning description

MU: Mixed Use Zone District. [MC 2002-29 § 17:9-16, December 2, 2002; MC 2010-27, § 7, November 22, 2010] A. Purpose. This zone is intended to recognize areas within the City that are developed with retail/commercial use…

General category MIXED_USE

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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