Property profile

23 Old Hwy 22 Clinton, NJ 08809

OFF-MARKET
Commercial real estate
Property ID
US59-1160878
0.13 ac lot Built 1984
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Lot 0.13 ac (5,704 SF)
Zoning code C-1
APN 05 00012-0000-00005
UPID US59-1160878

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
  • Take-out & Catering Butcher

Location

23 Old Hwy 22 Clinton, NJ 08809-1343
Clinton metro Census 10801 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.04M

Owner & transaction history

since 2020
Last sale
$885,000
2 recorded transactions
2020
$885,000
1990
$535,000

Zoning & alternative use

C-1 · Clinton, NJ
Zoning description

Downtown parking requirements. Within the area of the C-1 Zone District that lies east of the South Branch of the Raritan River and north of State Route 173, the parking requirements of Subsection A above shall not apply…

General category COMMERCIAL

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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