Property profile

29 State Rte 23 Wayne, NJ 07470

OFF-MARKET
Turn key restaurants
Property ID
US59-0014964
12,376 SF 2.15 ac lot Built 1982
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Total area 12,376 SF
Lot 2.15 ac (93,654 SF)
APN 14 00210-0000-00002
UPID US59-0014964

Cap rate & NOI

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

Location

29 State Rte 23 Wayne, NJ 07470-6934
Wayne metro Census 246300 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
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$829k
Blend (final) Blend
$505k

Owner & transaction history

since 2021
4 recorded transactions
2021
$1.5M
2003
$2.0M
1991
$1.3M
1969
Price N/A

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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