Technical
Financial
Distress signals
Property profile

109 Rock Ave 15 Plainfield, NJ 07063

OFF-MARKET
Industrial properties
Property ID
US59-1411356
20,376 SF 0.88 ac lot Built 1940
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1940
Construction BRICK
Total area 20,376 SF
Lot 0.88 ac (38,500 SF)
Zoning code LI
APN 12 00210-0000-00004- 01
UPID US59-1411356

Cap rate & NOI

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

Location

109 Rock Ave, Unit 15 Plainfield, NJ 07063-1016
Plainfield metro Census 39502 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
$2.27M
Blend (final) Blend
$1.83M

Owner & transaction history

since 2016
6 recorded transactions
2016
$525,000
2007
Price N/A
2006
$100
2006
$499,500
2004
$1
2004
$100

Zoning & alternative use

LI · Plainfield, NJ
Zoning description

§ 17:9-12 NC: Neighborhood Commercial Zone District. § 17:9-13 (Reserved) § 17:9-14 PO: Professional Office Zone District. § 17:9-15 GC: General Commercial Zone District. § 17:9-16 MU: Mixed Use Zone District. § 17:9-17…

General category INDUSTRIAL

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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