Property profile

2890 State Rt 23 Newfoundland, NJ 07435

OFF-MARKET
Commercial real estate
Property ID
US59-1550595
4,820 SF 0.75 ac lot Built 1863
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1863
Construction FRAME
Total area 4,820 SF
Lot 0.75 ac (32,670 SF)
Zoning code C-2
APN 14 00575-0000-00004- 04
UPID US59-1550595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2890 State Rt 23 Newfoundland, NJ 07435-1459
Newfoundland metro Census 44601 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
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$771k
Blend (final) Blend
$1.03M

Owner & transaction history

since 2023
Last sale
$890,000
7 recorded transactions
2023
Price N/A
2023
$890,000
2019
Price N/A
2006
$640,000
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Newfoundland, 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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