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Property profile & analytics
OFF-MARKET Estimated value $1,385,000
Commercial real estate

234 Main St Lincoln Park, NJ 07035-3704

11,640 SF 0.52 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-2037951
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction FRAME
Total area 11,640 SF
Lot 0.52 ac (22,817 SF)
Zoning code B-1
APN 16 00022- 1-00292
UPID US59-2037951
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
Current use
Occupant on record · Public records
  • Ippon Karate&Fitness Gym & Fitness Center
  • ACROPOLIS COMMERCIAL AND BUSINESS SERVICES, LLC Real Estate Agency
  • Echo Medical Transportation Handicapped Transportation Service
  • Abba Real Estate School, LLC Vocational School Training Center
  • Acropolis School of Real Estate 2, Llc Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.53M
CAP Approach CAP
$1.32M
Comparable Approach Comparable
$1.69M
Blend (final) Blend
$1.39M
Owner & transaction history
Majbour Enterprise LLC · 2 yrs held
Majbour Enterprise LLC
since 2023
Last sale
$1.3M
2 recorded transactions
2023
$1.3M
1989
$525,000
Zoning & alternative use
B-1 · Lincoln Park, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B1 and B3 BUSINESS ZONES provided: A. A site plan therefore which shall show in detail the exact location of such garage or gasoline station with such measurements of distance as are required hereunder, the number of tanks to be installed, the dimensions and capacity of each tank, the depth at which the tanks will be placed below the ground, the number of pu…

Zone name Business
General category COMMERCIAL
Zone area 25.96 ac
Source Chapter 28 Zoning Ordinance
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