Technical
Financial
Distress signals
Property profile

223 Park Ave Rutherford, NJ 07070

OFF-MARKET
Commercial real estate
Property ID
US59-2091620
6,788 SF 0.16 ac lot Built 1966
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1966
Construction BRICK
Total area 6,788 SF
Lot 0.16 ac (6,930 SF)
APN 56 00106- 01-00010
UPID US59-2091620

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
  • Real Estate Agency
  • Tutoring Service
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

223 Park Ave Rutherford, NJ 07070-2300
Rutherford metro Census 51300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.46M
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.05M

Owner & transaction history

since 2005
1 recorded transaction
2005
$1

Zoning & alternative use

Top alternative use upside
Office building $1.6M +12.3%
Industrial (general) $1.5M +4.1%

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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