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    315 Main St Boonton, NJ 07005-1892
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    Property profile & analytics

    315 Main St, Boonton, NJ 07005-1892

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    • Commercial real estate
    • 6,099 SF
    • 0.12 lot acres
    Off-Market
    Last Sale May 2, 2022
    $885,000
    Property ID
    US59-3180797
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $895,000
    Show details
    Cap Rate Potential
    4.5%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 315 Main St

    Year built
    1900
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.12 lot acres
    Zone code
    B-1
    Property type
    Commercial real estate
    APN
    01 00001-0000-00011
    APU
    100001000000011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 2, 2022 $885,000 Jjmg 315 Main St Boonton LLC Chris Jill Realty LLC Bargain And Sale Deed $640k · Magyar Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $995,000
      ML approach
      $1,000,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $745,000
      6.5%
      $690,000
      7%
      $640,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $912,000
      Market price range: $912k - $1.76M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,190,000
      Current use
      OFFICE BUILDING
      $1,275,000
      Change: +7% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,090,000
      Change: -8% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Boonton
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4084
    Latitude
    40.904
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $15,758
    $225,600
    $269,300
    $494,900
    -
    $225,600
    $269,300
    $494,900
    More about this property
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