Property profile

1377 State Rte 23 Wayne, NJ 07470

OFF-MARKET
Commercial real estate
Property ID
US59-0346343
20,388 SF 2.26 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 20,388 SF
Lot 2.26 ac (98,446 SF)
APN 14 01413-0000-00025
UPID US59-0346343

Cap rate & NOI

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

Location

1377 State Rte 23 Wayne, NJ 07470-5823
Wayne metro Census 246300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.10M
CAP Approach CAP
$3.90M
Comparable Approach Comparable
$5.35M
Blend (final) Blend
$4.27M

Owner & transaction history

since 2025
Last sale
$5.0M
7 recorded transactions
2025
$5.0M
2013
Price N/A
2002
$1.5M
1989
$1.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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