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    Property profile & analytics

    166 Main St Ste, Unit 2 Lincoln Park, NJ 07035-1791

    • Office Properties & Spaces
    • 923 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US59-0224499
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 166 Main St Ste

    Year built
    1989
    Lot size
    0.14 lot acres
    Property size
    923 SF
    Zone code
    LB
    Property type
    Office Properties & Spaces
    APN
    16 33803-0000-00050-0000-C0003
    APU
    16338030000000500000C0003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $265,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $245,000
      Mixed-Use
      $235,000
      Hospitality
      $215,000
      Educational
      $210,000
      Residential Income
      $235,000
      Energy
      $210,000
      Income-Based Land
      $240,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln Park
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3073
    Latitude
    40.9227
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,071
    $60,000
    $102,700
    $162,700
    -
    $60,000
    $102,700
    $162,700

    Comparable in this City

    • Value Estimation
      $505,000
      5,549 SF

      166 Main St Ste, Unit 5

      CONDOMINIUM OFFICES • 5,549 SF
      166 Main St Ste, Lincoln Park, NJ 07035-1791
      View Details
    • Value Estimation
      $975,000
      1,131 SF

      166 Main St Ste, Unit 6

      CONDOMINIUM OFFICES • 1,131 SF
      166 Main St Ste, Lincoln Park, NJ 07035-1791
      View Details
    • Value Estimation
      $305,000
      690 SF

      166 Main St Ste, Unit 4

      CONDOMINIUM OFFICES • 690 SF
      166 Main St Ste, Lincoln Park, NJ 07035-1791
      View Details
    • Value Estimation by Request
      11,608 SF

      10 Chapel Hl Rd

      OFFICE BUILDING • 11,608 SF
      10 Chapel Hl Rd, Lincoln Park, NJ 07035-1719
      View Details
    • Value Estimation
      $420,000
      5,650 SF

      13 Sta Rd

      OFFICE BUILDING • 5,650 SF
      13 Sta Rd, Lincoln Park, NJ 07035-1769
      View Details
    • Value Estimation by Request
      29,744 SF

      4 Ungerer Way

      COMMERCIAL (GENERAL) • 29,744 SF
      4 Ungerer Way, Lincoln Park, NJ 07035-1449
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Medical/Office Space in Lincoln Park

      Prime medical/office spaces for rent in downtown Lincoln Park, NJ.
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      4,000 SF

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      Available space ideal for medical or professional use.
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    • $2,500 /Mo
      9,148 SF

      Renovated Storefront in Lincoln Park

      Fully renovated commercial storefront in high-traffic Lincoln Park business district.
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    • Contact for pricing
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      Retail Space in Lincoln Park

      Retail space available within a high-volume shopping center.
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      View Details
    • $2,700 /Mo

      Spacious Duplex with Garage

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    Lincoln Park, NJ 07035-1791
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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