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Property profile & analytics
OFF-MARKET Estimated value $1,195,000
Commercial real estate

210 Mtn Blvd Watchung, NJ 07069-6337

6,370 SF 1.14 ac lot Built 2017
Entity Owned 10-yr Hold Free & Clear
Property ID
US59-3030653
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2017
Construction FRAME
Total area 6,370 SF
Lot 1.14 ac (49,658 SF)
Zoning code R-R
APN 21 02401-0000-00003- 01
UPID US59-3030653
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
by Request
CAP Approach CAP
$1.65M
Comparable Approach Comparable
$918k
Blend (final) Blend
$1.20M
Owner & transaction history
Elite Homebuilding LLC · 10 yrs held
Elite Homebuilding LLC
since 2016
3 recorded transactions
2016
$675,000
2004
$175,316
1969
Price N/A
Zoning & alternative use
R-R · Watchung, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Adjacent vacant land in the R-R Rural Single-Family Residential Zoning District which is under the same ownership as the land within the H-D Highway Development Zoning District proposed for the regional retail shopping complex may be consolidated with the lands in the H-D Zoning District for the purposes of floor area ratio and lot coverage calculations only…

Zone name Rural Single Family Residential
General category CIVIC_INSTITUTIONAL
Zone area 2,902.61 ac
Top alternative use upside
Office building $1.3M +1.0%
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