Property profile

243 Salem St Randolph, NJ 07869

OFF-MARKET
Commercial real estate
Property ID
US59-2163710
12,465 SF 0.64 ac lot Built 1953
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1953
Construction METAL FRAME
Total area 12,465 SF
Lot 0.64 ac (27,878 SF)
Zoning code B-2
APN 32 00196-0000-00009
UPID US59-2163710

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
  • Real Estate Agency
  • Building Supply Industrial Manufacturer
  • Hardware & Home Improvement Furniture & Home Goods

Location

243 Salem St Randolph, NJ 07869-1615
Randolph metro Census 46500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.41M
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$625k

Owner & transaction history

since 2014
3 recorded transactions
2014
$1.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-2 · Randolph, NJ

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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