Property profile

204 Parsippany Rd Parsippany, NJ 07054

OFF-MARKET
Gas stations
Property ID
US59-2021397
0.92 ac lot Built 1961
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1961
Lot 0.92 ac (40,075 SF)
Zoning code B-3
APN 29 00387-0000-00012
UPID US59-2021397

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
  • Auto Repair Shop
  • Gas Station
  • Auto Repair Shop

Location

204 Parsippany Rd Parsippany, NJ 07054-4710
Parsippany metro Census 41801 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2011
2 recorded transactions
2011
$947,912
1969
Price N/A

Zoning & alternative use

B-3 · Parsippany, NJ

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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