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Property profile & analytics
OFF-MARKET Estimated value $425,000
Commercial real estate

1692 Us Hwy 22 Watchung, NJ 07069-6508

0.14 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US59-1882650
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Lot 0.14 ac (6,098 SF)
Zoning code H-D
APN 21 06201-0000-00004
UPID US59-1882650
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k
Owner & transaction history
1692 Route 22 East LLC · 1 yrs held
1692 Route 22 East LLC
since 2024
Last sale
$425,000
4 recorded transactions
2024
$425,000
2020
Price N/A
2019
Price N/A
2019
Price N/A
Zoning & alternative use
H-D · Watchung, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Christmas Tree Sales. The annual sale of Christmas trees is permitted in the B-A Neighborhood Commercial, the B-C Highway Commercial and the H-D Highway Development Zoning Districts between the last Saturday in November and December 25, inclusive, provided that all trees shall be removed and the premises cleared no later than January 1. O. Poultry and Livest…

Zone name Highway Development
General category COMMERCIAL
Zone area 238.47 ac
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