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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    112 South Washington Ave, Bergenfield, NJ 07621

    0.18 ac lot Built 1936
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US59-1867719
    Property summary
    AI-generated overview

    This exceptional 0-acre property located at 112 S Washington Avenue in Bergenfield, New Jersey, presents a unique development opportunity. The site, identified as "Other" in property type classification, offers significant potential for a variety of uses, subject to local zoning regulations and approvals. The address is strategically situated in Bergenfield, a vibrant and growing community. While the square footage is currently unlisted, the 0-acre lot size provides ample space for a substantial project. The asking price for this property is $18 million, reflecting its prime location and development potential. Interested parties are encouraged to conduct their own due diligence regarding zoning, permitting, and feasibility studies to determine the optimal use for this exceptional piece of land. Given the limited availability of such properties in this desirable location, this represents a rare chance to acquire a significant asset with substantial upside. Prospective buyers should be prepared to undertake a comprehensive assessment of the site's potential and the associated development costs. The property is being offered as-is. All inquiries should be directed through the appropriate channels.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1936
    Lot 0.18 ac (7,993 SF)
    APN 03 00130-0000-00005
    UPID US59-1867719
    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
    Current use
    Occupant on record · Public records
    • NJ Amerigroup Insurance Agency
    • Ignition Switch Replacement Bergenfield Auto Repair Shop Vehicle Inspection Center
    • J & J Tutoring Tutoring Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.05M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.01M
    Owner & transaction history
    Sun Rock LLC · 3 yrs held
    Sun Rock LLC
    since 2022
    Last sale
    $960,000
    1 recorded transaction
    2022
    $960,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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