Property profile

228 Nn E Ave 248 Elizabeth, NJ 07201

OFF-MARKET
Industrial properties
Property ID
US59-2089507
1,865,000 SF 2.84 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 1,865,000 SF
Lot 2.84 ac (123,754 SF)
APN 04 00836-0000-00004
UPID US59-2089507

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
  • Property Management Company
  • Warehouse & Storage

Location

228 Nn E Ave, Unit 248 Elizabeth, NJ 07201-2962
Elizabeth metro Census 980000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$31.62M

Owner & transaction history

since 2021
Last sale
$44.0M
4 recorded transactions
2021
$44.0M
2010
Price N/A
2010
$9.8M
2007
$8.0M

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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