Property profile

233 Rutgers St 237 Maplewood, NJ 07040

OFF-MARKET
Industrial properties
Property ID
US59-1366921
7,000 SF 0.93 ac lot
Individually Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 7,000 SF
Lot 0.93 ac (40,424 SF)
Zoning code CI
APN 11 00048- 01-00031- 04
UPID US59-1366921

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
  • Kennel & Boarding Facility

Location

233 Rutgers St, Unit 237 Maplewood, NJ 07040-3229
Maplewood metro Census 19700 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
$1.24M
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$575k

Owner & transaction history

since 2013
7 recorded transactions
2018
Price N/A
2013
$1.3M
2008
Price N/A
2005
$290,500
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CI · Maplewood, NJ
Zoning description

Commercial and Industrial CI District. (1) Permitted principal uses. (a) Office buildings, excluding medical professionals. (b) Wholesale business, warehousing, assembly, industrial and light manufacturing, industrial re…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $2.2M +36.4%
Apartment house (5+ units) $1.9M +21.1%

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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