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Property profile & analytics
OFF-MARKET Estimated value $2,645,000
Commercial real estate

153 Main St Lincoln Park, NJ 07035-1745

21,048 SF 2.24 ac lot Built 1967
Individually Owned 9-yr Hold Free & Clear
Property ID
US59-1799432
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1967
Construction CONCRETE BLOCKS
Total area 21,048 SF
Lot 2.24 ac (97,574 SF)
Zoning code R-15
APN 16 00003- 5-00053- 1
UPID US59-1799432
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
Current use
Occupant on record · Public records
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Walgreens Pharmacy Pharmacy
  • Western Union Bank Credit Union
  • Walgreens Pharmacy
  • FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.38M
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$2.65M
Owner & transaction history
Borough Of Lincoln Park · 9 yrs held
Borough Of Lincoln Park
since 2017
7 recorded transactions
2017
Price N/A
2014
Price N/A
2014
$10.1M
2011
Price N/A
2010
$3.0M
2005
$420,000
1969
Price N/A
Zoning & alternative use
R-15 · Lincoln Park, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R-40, R-20, R-10, R-20/PRD, R-15 AND LM-SC RESIDENTIAL ZONES 7 Section 28-40 R-40 AND R-20 RESIDENTIAL: 27 Within the R-40 and R-20 Residential Zones, no premises, building or structure shall be used, and no building or structure shall be erected or altered to be used in whole or in part for any other than the following purposes: 1. Single family dwelling us…

Zone name One And Two Family Residential
General category RESIDENTIAL
Zone area 1,083.24 ac
Source Chapter 28 Zoning Ordinance
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