Technical
Financial
Distress signals
Property profile

3 Watchung Ave Chatham, NJ 07928

OFF-MARKET
Commercial real estate
Property ID
US59-2044901
1 ac lot
Individually Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Lot 1 ac (43,651 SF)
Zoning code M-3
APN 04 00140-0000-00014
UPID US59-2044901

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Roofing Company General Contractor
  • Garden Center Hardware & Home Improvement

Location

3 Watchung Ave Chatham, NJ 07928-2711
Chatham metro Census 42800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2005
2 recorded transactions
2005
$200,000
1969
Price N/A

Zoning & alternative use

M-3 · Chatham, NJ
Zoning description

Conditional uses in M-3 District. § 165-29.2 Accessory uses in M-3 District. § 165-30 Gateway Overlay District regulations. § 165-31 Bulk requirements. § 165-32 General requirements for M-1, M-2 and M-3 Districts. § 165-…

General category INDUSTRIAL

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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