Property profile

24 Peapack Rd Far Hills, NJ 07931

OFF-MARKET
Commercial real estate
Property ID
US59-1570187
1,800 SF 0.12 ac lot Built 1940
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Construction FRAME
Total area 1,800 SF
Lot 0.12 ac (5,227 SF)
Zoning code NO
APN 07 00010-0000-00002
UPID US59-1570187

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
  • Hair Salon Nail Salon

Location

24 Peapack Rd Far Hills, NJ 07931-2794
Far Hills metro Census 52901 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
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2015
7 recorded transactions
2015
$582,500
2004
Price N/A
1993
$285,000
1993
$285,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NO · Far Hills, NJ
Zoning description

The purpose of the Neighborhood Office District is to provide an intermediary land use category between the village residential district and the roadways and business which border the village

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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