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    175 Park Ave Madison, NJ 07940-1123
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    Property profile & analytics

    175 Park Ave, Madison, NJ 07940-1123

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    • Commercial real estate
    • 270,000 SF
    • 15.32 lot acres
    Off-Market
    Property ID
    US59-0766115
    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.

    Value Estimations
    $23,330,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Joel McNeal, Licensed Florida Realtor-RNI / Real Estate Agency
    • NRT / Corporate Office
    • Core Cooling & Heating Team / HVAC Service / General Contractor
    • Matt Olencki, Real Estate Agent - Madison, NJ / Real Estate Agency
    • Better Homes and Gardens Real Estate / Real Estate Agency

    Property Details for 175 Park Ave

    Construction
    CONCRETE BLOCKS
    Lot size
    15.32 lot acres
    Zone code
    OR
    Property type
    Commercial real estate
    APN
    17 00401-0000-00002
    APU
    1700401000000002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 2, 2019 $115,000,000 175 Park Property Corp 175 Park Avenue LLC Grant Deed · related —
    May 3, 2018 — 175 Park Avenue LLC — Deed · related $85M · Cantor Com'l R/e Lndg
    Aug 29, 2017 — Vincenzo Lasala Lasala,vincenzo & Antonio Quit Claim Deed · related —
    Dec 29, 2009 $10,200,000 175 Park Avenue LLC Verizon Nj INC Grant Deed —
    — — 175 Park Avenue LLC — Deed Of Trust · related $85M · Cantor Com'l R/e Lndg

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $33,035,000
      6.5%
      $30,495,000
      7%
      $28,320,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Morris
    State
    New Jersey
    Longitude
    -74.422
    Latitude
    40.7716
    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
    2022
    $1,358,721
    $11,490,800
    $54,659,200
    $66,150,000
    -
    $11,490,800
    $54,659,200
    $66,150,000
    More about this property
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