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Property profile & analytics
OFF-MARKET Estimated value $4,210,000
Industrial properties

281 Royal Ave Hawthorne, NJ 07506

0.65 ac lot Built 1988
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-1895840
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1988
Lot 0.65 ac (28,500 SF)
Zoning code I-1
APN 04 00127-0000-00012
UPID US59-1895840
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
$4.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.21M
Owner & transaction history
Omar Capital LLC · 4 yrs held
Omar Capital LLC
since 2022
Last sale
$4.1M
2 recorded transactions
2022
$4.1M
2012
$1.3M
Zoning & alternative use
I-1 · Hawthorne, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

I-1 Industrial Zone. The following regulations shall apply in the I-1 Zone: A. Permitted use. The following uses shall be permitted in the I-1 Zone: (1) Establishments which are engaged in research and development, manufacturing, processing, fabricating, indoor warehousing and storage, provided that no land or building shall be used or occupied for a use whi…

Zone name Industrial Zone
General category INDUSTRIAL
Zone area 207.77 ac
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