Property profile

200 Connell Dr Berkeley Heights, NJ 07922

OFF-MARKET
Office buildings
Property ID
US59-2060000
24.92 ac lot Built 1987
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Lot 24.92 ac (1,085,515 SF)
Zoning code MU
APN 01 04301-0000-00001- 04
UPID US59-2060000

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
  • Coworking & Hybrid Office
  • Computer Hardware Manufacturer
  • Factory Production Facility
  • Factory Production Facility
  • Corporate Office Business Park

Location

200 Connell Dr Berkeley Heights, NJ 07922-2805
Berkeley Heights metro Census 38201 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$660k

Owner & transaction history

since 2014
3 recorded transactions
2014
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

MU · Berkeley Heights, NJ
Zoning description

The purpose of this zone is to transform a traditional suburban office park into a commercially viable, integrated multi-use facility

General category MIXED_USE

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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