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Property profile & analytics
OFF-MARKET
Commercial real estate

28 Johnston Dr Watchung, NJ 07069-4905

2,141 SF 0.11 ac lot Built 1983
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US59-0095650
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Construction FRAME
Total area 2,141 SF
Lot 0.11 ac (4,792 SF)
Zoning code B-A
APN 21 04801-0000-00004
UPID US59-0095650
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Peter Ng · 19 yrs held
Peter Ng
since 2007
1 recorded transaction
2007
$555,000
Zoning & alternative use
B-A · Watchung, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Christmas Tree Sales. The annual sale of Christmas trees is permitted in the B-A Neighborhood Commercial, the B-C Highway Commercial and the H-D Highway Development Zoning Districts between the last Saturday in November and December 25, inclusive, provided that all trees shall be removed and the premises cleared no later than January 1. O. Poultry and Livest…

Zone name Neighborhood Commercial
General category COMMERCIAL
Zone area 19.89 ac
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