Technical
Financial
Distress signals
Property profile

316 6th St Prospect Park, NJ 07508

OFF-MARKET
Commercial real estate
Property ID
US59-3180329
20,040 SF 1.6 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 20,040 SF
Lot 1.6 ac (69,498 SF)
APN 10 00050-0000-00041
UPID US59-3180329

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
  • Physician
  • Adult Day Care
  • Adult Day Care

Location

316 6th St Prospect Park, NJ 07508-2122
Prospect Park metro Census 203600 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.56M
CAP Approach CAP
$4.07M
Comparable Approach Comparable
$3.41M
Blend (final) Blend
$4.57M

Owner & transaction history

since 2022
Last sale
$4.5M
4 recorded transactions
2022
$4.5M
2018
Price N/A
2006
$3.0M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $3.7M +9.7%
Industrial (general) $3.7M +9.7%

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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