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Property profile

1703 Springfield Ave 5 Maplewood, NJ 07040

OFF-MARKET
Commercial real estate
Property ID
US59-0708724
View Sample
4,949 SF 0.11 ac lot Built 1925
Entity Owned ~ Est. High Equity

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1925
Total area 4,949 SF
Lot 0.11 ac (5,001 SF)
Zoning code PRB
APN 11 00049- 14-00020
UPID US59-0708724

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
  • Hair Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
$1.05M
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$485k

Owner & transaction history

since 2026
3 recorded transactions
2026
$1.2M
2010
Price N/A
2010
Price N/A

Zoning & alternative use

PRB · Maplewood, NJ
Zoning description

Pedestrian Retail Business (PRB Zone). (1) Permitted principal uses. (a) Retail businesses, not including pawnshops, and check cashing establishments. (b) Financial institutions. (c) Eat-in and/or takeout restaurants, no…

General category COMMERCIAL

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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