Property profile

176 Franklin Ave Rockaway, NJ 07866

OFF-MARKET
Industrial properties
Property ID
US59-0110903
39,044 SF 2.5 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction CONCRETE BLOCKS
Total area 39,044 SF
Lot 2.5 ac (108,900 SF)
Zoning code HTLI
APN 34 00038-0000-00118- 06
UPID US59-0110903

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
  • Real Estate Agency
  • Hardware & Home Improvement Kitchen & Bath Showroom
  • Landscaping General Contractor

Location

176 Franklin Ave Rockaway, NJ 07866-3408
Rockaway metro Census 44300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.52M

Owner & transaction history

since 2018
7 recorded transactions
2022
Price N/A
2018
$4.3M
2017
Price N/A
2017
Price N/A
2014
$2.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HTLI · Rockaway, NJ
Zoning description

Flashing, moving or animated signs; however, nonflashing, digital reflected-light time and temperature signs shall be allowed in the O-B, G-B, N-C, GLI and HT/LI Zones. Any temperature sign shall conform to the height, s…

General category INDUSTRIAL

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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