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Property profile & analytics
OFF-MARKET Estimated value $560,000
Commercial real estate

1734 Springfield Ave 44 Maplewood, NJ 07040-2915

288 SF 0.38 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US59-0651107
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 288 SF
Lot 0.38 ac (16,448 SF)
Zoning code PRB
APN 11 00030- 04-00127- 01
UPID US59-0651107
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
$775k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$560k
Owner & transaction history
1734 Springfield Ave LLC · 3 yrs held
1734 Springfield Ave LLC
since 2023
Last sale
$550,000
4 recorded transactions
2023
Price N/A
2012
$550,000
2012
$1.5M
2009
Price N/A
Zoning & alternative use
PRB · Maplewood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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, not including fast-food restaurants. (d) Dwellings. (e) Offices. (f) Professional offices. (g) Businesses that are primarily instructional. (h…

Zone name Pedestrian Retail Business
General category COMMERCIAL
Zone area 24.94 ac
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