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Property profile

117 Colfax Ave Roselle Park, NJ 07204

OFF-MARKET
Commercial real estate
Property ID
US59-0995647
View Sample
3,058 SF 0.08 ac lot
Entity Owned 16-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 3,058 SF
Lot 0.08 ac (3,498 SF)
Zoning code R-1
APN 15 00412-0000-00001
UPID US59-0995647

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
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
$620k
Comparable Approach Comparable
$642k
Blend (final) Blend
$360k

Owner & transaction history

since 2010
3 recorded transactions
2010
$475,000
2006
$1
2006
$1

Zoning & alternative use

R-1 · Roselle Park, NJ
Zoning description

PURPOSE; ZONING DISTRICTS. § 40-1602 ZONING MAP; AREA, BULK AND YARD REQUIREMENTS. § 40-1602.1 Zoning Map Amendments. § 40-1603 REGULATIONS OF GENERAL APPLICATIONS. § 40-1604 REGISTRATION IN PUBLIC SCHOOLS. Article XVII…

General category RESIDENTIAL
Top alternative use upside
Office building $625,000 +9.4%

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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