Property profile

1424 Chestnut Ave 1430 Hillside, NJ 07205

OFF-MARKET
Industrial properties
Property ID
US59-1168702
16,692 SF 1.88 ac lot Built 1947
Entity Owned 14-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1947
Construction BRICK
Total area 16,692 SF
Lot 1.88 ac (81,893 SF)
Zoning code HI
APN 07 00201-0000-00025
UPID US59-1168702

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
  • Hardware & Home Improvement General Contractor

Location

1424 Chestnut Ave, Unit 1430 Hillside, NJ 07205-1112
Hillside metro Census 32300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.88M
Comparable Approach Comparable
by Request
Blend (final) Blend
$645k

Owner & transaction history

since 2012
4 recorded transactions
2019
Price N/A
2012
Price N/A
2005
$2.1M
1996
$387,500

Zoning & alternative use

HI · Hillside, NJ
Zoning description

ily, 40 Feet R-50 Residential, Single-Family, 50 Feet R-65 Residential, Single-Family, 65 Feet R-75 Residential, Single-Family, 75 Feet RC Retail Commercial OC Office Commercial HC Highway Commercial LI Light Industrial…

General category INDUSTRIAL
Top alternative use upside
Office building $3.4M +17.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1424 Chestnut Ave, Unit 1430?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message