Property profile

1220 State Rte 23 Wayne, NJ 07470

OFF-MARKET
Gas stations
Property ID
US59-1107032
1,276 SF 0.28 ac lot Built 1948
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Gas stations
Use group GAS STATION
Year built 1948
Total area 1,276 SF
Lot 0.28 ac (12,240 SF)
Zoning code B
APN 14 00808-0000-00001
UPID US59-1107032

Cap rate & NOI

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

Location

1220 State Rte 23 Wayne, NJ 07470-5824
Wayne metro Census 246203 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
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

B · Wayne, NJ
Zoning description

The intent of this zone is to promote business uses.

General category COMMERCIAL

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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