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Property profile & analytics
OFF-MARKET Estimated value $530,000
Commercial real estate

30 Morristown Rd Bernardsville, NJ 07924-2344

2,295 SF 0.38 ac lot Built 1890
Entity Owned 7-yr Hold Free & Clear
Property ID
US59-0818219
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1890
Construction FRAME
Total area 2,295 SF
Lot 0.38 ac (16,553 SF)
Zoning code D-CO
APN 03 00066-0000-00012
UPID US59-0818219
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
Current use
Occupant on record · Public records
  • Discovery Antiques & Jewelry Home Decor Store (Bike/Boat/Book/etc) Store
  • Cirignano & Co LLP Accounting Firm Tax Preparation
  • Gloria Nilson & Co. Real Estate Real Estate Agency
  • Galaxy Nail & Spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
$595k
Comparable Approach Comparable
$370k
Blend (final) Blend
$530k
Owner & transaction history
30 Morristown Road LLC · 7 yrs held
30 Morristown Road LLC
since 2018
6 recorded transactions
2018
Price N/A
2017
Price N/A
1997
$475,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
D-CO · Bernardsville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Downtown Corridor Subdistrict (D-Co). 1. Description and Intent. The Downtown Corridor subdistrict extends along Morristown Road east of the core and serves as a portion of the eastern gateway into Bernardsville. The area has a more auto-dependent character than other subdistricts. The intent is to limit the future expansion of this character while recognizi…

Zone name Downtown Corridor Subdistrict
General category CIVIC_INSTITUTIONAL
Zone area 27.67 ac
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