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Property profile & analytics
OFF-MARKET Estimated value $3,300,000
Commercial real estate

321 Fairfield Rd Fairfield, NJ 07004-1930

17,904 SF 1.24 ac lot Built 1968
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-2160348
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Construction CONCRETE BLOCKS
Total area 17,904 SF
Lot 1.24 ac (54,014 SF)
Zoning code HD
APN 07 03802-0000-00014
UPID US59-2160348
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
  • A Party Center Rental Equipment Company
  • Struble Mechanical Services General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.30M
CAP Approach CAP
$3.80M
Comparable Approach Comparable
$3.30M
Blend (final) Blend
$3.30M
Owner & transaction history
Noverman Investments LLC · 2 yrs held
Noverman Investments LLC
since 2024
Last sale
$3.3M
4 recorded transactions
2024
$3.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
HD · Fairfield, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the Commercial and H-D U.S. Route 46 Special Highway Development Zones one freestanding nonilluminated temporary real estate sign, which shall not exceed 32 square feet in surface area, shall be permitted, except that lots having a frontage of 300 feet or greater may display two signs, each of which shall not exceed 32 square feet in area. The sign shall…

Zone name Route 46 Special Highway
General category UNKNOWN
Zone area 427.31 ac
Top alternative use upside
Apartment house (5+ units) $4.9M +3.1%
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