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Property profile & analytics
OFF-MARKET Estimated value $545,000
Commercial real estate

116 Moonachie Ave HM Moonachie, NJ 07074-1802

0.24 ac lot Built 1955
Entity Owned 4-yr Hold Free & Clear
Property ID
US59-3030497
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,300 square foot vacant industrial flex space located at 116 Moonachie Ave, Moonachie, NJ 07074, in Bergen County. The property, built in 1950, sits on a 0.29-acre lot and features a single-story building with a 16-foot ceiling height. Classified as Class D, this property is ideal for a variety of uses, including retail, office, or warehouse operations. Its strategic location in the Meadowlands offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a high-traffic area. The property is currently vacant, providing immediate occupancy for the new owner. The asking price is $1,200,000. This presents a rare chance to acquire a versatile commercial property in a prime location within the thriving Meadowlands region. The property's size and features make it suitable for a range of businesses seeking a functional and well-situated space. Don't miss this opportunity to secure a valuable asset in a dynamic market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Construction BRICK
Lot 0.24 ac (10,428 SF)
APN 37 00061-0000-00006
UPID US59-3030497
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
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k
Owner & transaction history
Eroz LLC · 4 yrs held
Eroz LLC
since 2022
Last sale
$525,000
4 recorded transactions
2022
$525,000
2015
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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