205 Rutgers St Maplewood, NJ 07040-3266
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Arc Medical Clinic
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Gordon Fergusson Interiors Interior Design Home Decor Store
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Tovatech, LLC Production Facility
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Bartlett Tree Experts Landscaping General Contractor
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Maplewood Tree Experts Landscaping General Contractor
Commercial and Industrial CI District. (1) Permitted principal uses. (a) Office buildings, excluding medical professionals. (b) Wholesale business, warehousing, assembly, industrial and light manufacturing, industrial research, scientific or research laboratories, public utility installations, indoor agriculture, and food production. (c) Indoor commercial re…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
CI · Maplewood, NJCommercial and Industrial CI District. (1) Permitted principal uses. (a) Office buildings, excluding medical professionals. (b) Wholesale business, warehousing, assembly, industrial and light manufacturing, industrial research, scientific or research laboratories, public utility installations, indoor agriculture, and food production. (c) Indoor commercial recreation, which shall mean a building or portion thereof used for recreational purposes and operated as a business and opened to the public for a fee, such as fully enclosed skating and roller rings, batting cages, play areas, sports fields, recreation centers, swimming pools and tennis courts. (d) Breweries. (e) Distilleries. (f) Makerspace, which shall mean a collaborative work space for making, learning, exploring and sharing that uses high tech to no tech tools. (g) Artist/artisan studios/galleries. (2) Accessory uses. Tasting rooms and other customarily accessory uses for breweries and distilleries. Off-street parking lots, sheds, fences not over six feet in height in side or rear yards only, radio antennas, receiving dish antennas, solar collectors, outdoor storage adequately screened and occupying not more than 25% of the lot area and other uses customarily associated with the permitted uses, provided that such accessory uses are subordinate to the principal use and serve only the principal use. Retail sales that are limited to products made on site associated with principal uses. Craft fairs, art shows and other temporary outdoor sales events associated with principal uses. (3) Conditional uses (see § 271-10B) : none. (4) Area and setback requirements: (a) Minimum requirements shall be as follows: [1] Lot area: 40,000 square feet. [2] Lot width: 150 feet. [3] Front yard: 25 feet. [4] Side yard: 10 feet. [5] Side yard, combined percent of lot width: 20%. [6] Rear yard, adjoining residential: 25 feet. [7] Rear yard: 15 feet. (b) Maximum requirements shall be as follows: [1] Front yard, percent paved: 20%. [2] Building coverage: 60%. [3] Lot coverage: 90%. [4] Building height: 50 feet. G. ( Reserved ) H. Special Light Industrial SLI District. Standards for the SLI District are as set forth in the addendum to this chapter, which is reproduced verbatim from the former zoning ordinance, [1] based on agreements with the City of Irvington. The SLI District standards in the addendum are hereby made a part of this chapter. [1]
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.