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Property profile & analytics
OFF-MARKET Estimated value $1,810,000
Industrial properties

200 Fairfield Ave West Caldwell, NJ 07006-6412

8,630 SF 0.99 ac lot Built 1982
Entity Owned 2-yr Hold Free & Clear
Property ID
US59-0486192
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1982
Construction CONCRETE BLOCKS
Total area 8,630 SF
Lot 0.99 ac (43,124 SF)
Zoning code M-1
APN 21 01201-0000-00004
UPID US59-0486192
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
$2.01M
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$2.35M
Blend (final) Blend
$1.81M
Owner & transaction history
Castano C Reality Erst Caldwell LLC · 2 yrs held
Castano C Reality Erst Caldwell LLC
since 2023
Last sale
$1.5M
4 recorded transactions
2023
$1.5M
2023
Price N/A
2004
$950,000
2004
$1
Zoning & alternative use
M-1 · West Caldwell, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-1, M-2, B-3 and OS Districts, regulated so as to encourage the effective, efficient and unobtrusive provision of telecommunications services to the community, while minimizing visual and other adverse impacts of such uses and protecting public health, welfare and safety. a. Any such antenna shall conform with all provisions of Subsection 20-17.21 , except…

Zone name Limited Manufacturing
General category INDUSTRIAL
Zone area 216.15 ac
Top alternative use upside
Commercial (general) $2.9M +51.2%
Apartment house (5+ units) $2.4M +21.1%
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