Property profile

16 3rd St East Newark, NJ 07029

OFF-MARKET
Industrial properties
Property ID
US59-1971583
5,000 SF 0.06 ac lot
Individually Owned 24-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction FRAME
Total area 5,000 SF
Lot 0.06 ac (2,500 SF)
APN 04 00014-0000-00029
UPID US59-1971583

Cap rate & NOI

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

Location

16 3rd St East Newark, NJ 07029-1304
East Newark metro Census 13700 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
by Request
Comparable Approach Comparable
$884k
Blend (final) Blend
$305k

Owner & transaction history

since 2002
1 recorded transaction
2002
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +11.0%

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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