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Property profile & analytics

2 Plane St Boonton, NJ 07005

  • Industrial properties
  • 23,780 SF
  • 1.19 lot acres
OFF-MARKET
Value Estimation
$580,000
Last Sale
Aug 12, 2020
$525,000
Location Intelligence
Property ID
US59-2394711
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.

Current Use by Public Records

  • Industrial properties

Property Details for 2 Plane St

Year built
1971
Construction
CONCRETE BLOCKS
Lot size
1.19 lot acres
Property size
23,780 SF
Zone code
I-1
Property type
Industrial properties
APN
01 00034-0000-00001- 02
APU
10003400000000102

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $580,000
  • CAP approach

    CAP return
    Estimation
    6%
    $550,000
    6.5%
    $560,000
    7%
    $510,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $550,000
    Geo Method
    $570,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $575,000
    Retail
    $575,000
    Mixed-Use
    $535,000
    Hospitality
    $675,000
    Educational
    $660,000
    Residential Income
    $560,000
    Energy
    $630,000
    Income-Based Land
    $660,000
    Food Service
    $580,000

Location Insight

  • Map
  • Local Demand
City
Boonton
County
Morris
State
New Jersey
Longitude
-74.4138
Latitude
40.9049
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
$30,869
$240,200
$729,300
$969,500
-
$240,200
$729,300
$969,500
More about this property
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