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Property profile & analytics
OFF-MARKET Estimated value $720,000
Commercial real estate

2128 Millburn Ave 2144 Maplewood, NJ 07040-3708

1.78 ac lot Built 1960
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1979304
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Construction BRICK
Lot 1.78 ac (77,537 SF)
Zoning code OB
APN 11 00021- 12-00061
UPID US59-1979304
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
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$720k
Owner & transaction history
Altera Millburn LLC · 3 yrs held
Altera Millburn LLC
since 2023
3 recorded transactions
2023
Price N/A
2010
Price N/A
2007
Price N/A
Zoning & alternative use
OB · Maplewood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

For Office Business (OB) District refer to § 271-70E(4) . [4] For Residential single- and two-family (R-2-4) District refer to § 271-70B(4) . [5] For Continuing Care Retirement Community (CCRC) Zone refer to § 271-70I(4) . (b) Buffers shall be required in accordance with the regulations found at § 271-37 . (c) Building design. The design of residential build…

Zone name Office Business
General category CIVIC_INSTITUTIONAL
Zone area 24.47 ac
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