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Property profile & analytics
FOR SALE
Industrial properties

29-31 Industrial Ave Fairview, NJ 07022

6,742 SF 0.16 ac lot Built 1961
Entity Owned ~ Est. High Equity
Property ID
US59-1813301
Property summary
AI-generated overview

This exceptional investment opportunity presents a unique chance to acquire a substantial industrial property located at 29-31 Industrial Avenue in Fairview, New Jersey. The property is listed at $1,825,000 and offers significant potential for various commercial uses. While the exact square footage is not currently specified, the property's size and location make it an attractive proposition for businesses seeking a strategic foothold in a thriving area. Situated in Fairview, NJ, the property benefits from excellent access to major transportation routes, facilitating efficient logistics and distribution. The address, 29-31 Industrial Avenue, places it within a well-established industrial zone, offering proximity to other businesses and supporting infrastructure. The property sits on a lot of zero acres, suggesting a compact yet potentially highly functional layout. The property type is classified as "Other," indicating a versatile space adaptable to a range of commercial needs. This presents a blank canvas for prospective buyers to tailor the space to their specific operational requirements. Given the price point and location, this property is ideal for investors seeking a strong return on investment or businesses looking to establish a presence in a dynamic and accessible location. Further due diligence is encouraged to fully assess the property's potential and suitability for intended use. Interested parties are encouraged to contact the listing agent for additional information and to schedule a viewing.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1961
Total area 6,742 SF
Lot 0.16 ac (7,000 SF)
Zoning code I
APN 18 00603-0000-00038
UPID US59-1813301
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
$1.17M
Comparable Approach Comparable
by Request
Blend (final) Blend
$870k
Owner & transaction history
Elitas Group Investments LLC
Elitas Group Investments LLC
since 2025
6 recorded transactions
2025
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I · Fairview, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ermitted for in the following districts, and as regulated herein. a. R-D - Medium Density Garden Apartment Zone District b. R-E - Senior Housing Zone District c. R-F - High Density High Rise Residential Zone District d. I - Industry Zone District e. The following requirements shall be applicable to lots with more than one principal building: 1. The front, si…

Zone name Industry
General category INDUSTRIAL
Zone area 78.91 ac
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