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    Property profile & analytics

    259 Us Hwy 206 Flanders, NJ 07836-9195

    • Gas stations
    • 6,708 SF
    • 1.19 lot acres
    OFF-MARKET
    Value Estimation
    $3,415,000
    Last Sale
    Jun 17, 2021
    $2,600,000
    Location Intelligence
    Property ID
    US59-1084869
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gas stations

    Property Details for 259 Us Hwy 206

    Year built
    2018
    Construction
    CONCRETE BLOCKS
    Lot size
    1.19 lot acres
    Property size
    6,708 SF
    Zone code
    C-2
    Property type
    Gas stations
    APN
    27 05401-0000-00017
    APU
    2705401000000017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,700,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,575,000
      6.5%
      $2,580,000
      7%
      $2,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,660,000
      Geo Method
      $2,310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,505,000
      Retail
      $2,240,000
      Mixed-Use
      $2,395,000
      Hospitality
      $2,750,000
      Educational
      $2,690,000
      Residential Income
      $2,560,000
      Energy
      $2,915,000
      Income-Based Land
      $2,925,000
      Food Service
      $2,860,000

    Location Insight

    • Map
    • Local Demand
    City
    Flanders
    County
    Morris
    State
    New Jersey
    Longitude
    -74.7089
    Latitude
    40.8368
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $26,021
    $248,700
    $547,300
    $796,000
    -
    $248,700
    $547,300
    $796,000

    Comparable in this City

    • Value Estimation
      $570,000
      1.38 Acres

      236 Us Hwy 206

      SERVICE STATION (FULL SERVICE) • 1.38 Acres
      236 Us Hwy 206, Flanders, NJ 07836-9118
      View Details
    • Value Estimation by Request
      4,736 SF

      194 Us-206

      Automotive properties • 4,736 SF
      194 Us-206, Mount Olive, NJ 07836
      View Details
    • Value Estimation
      $1,200,000
      2,271 SF

      114 Us Hwy 206

      SERVICE STATION (FULL SERVICE) • 2,271 SF
      114 Us Hwy 206, Flanders, NJ 07836-9265
      View Details
    • Value Estimation
      $365,000
      0.29 Acres

      14 Park Pl

      GAS STATION • 0.29 Acres
      14 Park Pl, Flanders, NJ 07836-9031
      View Details
    • Value Estimation
      $470,000
      0.95 Acres

      285 Us Hwy 206

      GAS STATION • 0.95 Acres
      285 Us Hwy 206, Flanders, NJ 07836-9579
      View Details
    • Value Estimation by Request
      514,903 SF

      10 International Dr

      Restaurants • 514,903 SF
      10 International Dr, Mount Olive, NJ 07836
      View Details

    Similar Nearby for Sale

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      3,000 sq ft commercial unit on high-visibility Highway 206.
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      0.22 Acres

      Flanders Office Space: Prime Location

      Four Rooms, 1.5 Baths, Great Value
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      View Details
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      International Drive Commercial Land

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    • $1,300,000
      0.51 Acres

      Flanders Mixed-Use Commercial Property

      Prime Flanders location, two buildings, high potential.
      19 Park Pl, Flanders, NJ 07836
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    Similar Nearby for Lease

    • Contact for pricing
      514,903 SF

      The Gardens Retail Space

      High-traffic Morris County retail spaces
      10 International Dr, Mount Olive, NJ 07836
      View Details
    • Contact for pricing
      138,060 SF

      Route 206 Retail Center

      Prime Morris County Retail Space Available
      293 Us-206, Mount Olive, NJ 07836
      View Details
    • Contact for pricing
      8,500 SF

      Roxbury Township Professional Office Space

      Divisible office space in well-maintained building on Route 206.
      185 Rte, Roxbury Township, NJ 07836
      View Details
    • $1,245 /Mo
      3,058 SF

      Mount Olive Office/Shop Space

      Versatile 650 sq ft space suitable for office or shop.
      230 Rte 206 south, Flanders, NJ 07836
      View Details
    • $3,000 /Mo

      Mount Olive Specialty Property

      Specialty property available for rent in Mount Olive.
      264 Rte, Flanders, NJ 07836
      View Details
    • $24 SF/Yr

      Mount Olive Township Property

      Property for rent in Mount Olive Township, New Jersey.
      230 Rte, Flanders, NJ 07836
      View Details
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    259 Us Hwy 206
    Flanders, NJ 07836-9195
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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