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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Commercial real estate
360 Ctr St Nutley, NJ 07110
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US59-1829890
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1991
Lot
0.43 ac (18,800 SF)
Zoning code
B-3A
APN
16 06201-0000-00005
UPID
US59-1829890
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Mcp Associates
Mcp Associates
2 recorded transactions
Zoning & alternative use
B-3A · Nutley, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Permitted uses in B-3A Zoning District. The following uses are permitted in the B-3A Zoning District: Professional and business offices. Restaurants and bars which serve food, excluding drive-in restaurants or fast food. Take-out food establishments. Theaters. Service establishments (personal and household). Printing and copier services for retail customers.…
Zone name
Downtown Business
General category
COMMERCIAL
Zone area
15.85 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Nutley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nutley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$58,759
Tax year 2023
Assessed value
$2,281,000
Assessed 2024
Previous assessed
$2,281,000
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$706,000
Assessed improvement
$1,575,000
Land market value
$706,000
Improvement market value
$1,575,000
Total market value
$2,281,000
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1991
Heating
NONE
Units
1
Lot
0.43 ac (18,800 SF)
Zoning code
B-3A
APN
16 06201-0000-00005
UPID
US59-1829890
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B-3A · Nutley, NJZoning B-3A · permitted uses
B-3A · Nutley, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Permitted uses in B-3A Zoning District. The following uses are permitted in the B-3A Zoning District: Professional and business offices. Restaurants and bars which serve food, excluding drive-in restaurants or fast food. Take-out food establishments. Theaters. Service establishments (personal and household). Printing and copier services for retail customers. United States Post Office. Bus station. Stores devoted to retail commerce where goods are sold directly to the customer for personal use or household use, with or without processing on the premises for such retail sale, but excluding the processing, repair or renovating of bedding and excluding the sale of motor vehicles, boats, lumber, masonry, roofing or siding where an inventory is maintained on the premises. No crating, outdoor displays and/or outdoor sales are permitted except that occasional outdoor sales may be held as provided by Ordinance No. 1845. [1] [1]
Zone name
Downtown Business
General category
COMMERCIAL
Zone area
15.85 ac
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Units
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Mcp Associates
Entity
Mailing address
111 KINDERKAMACK RD STE #203, RIVER EDGE, NJ 07661-1953
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Mcp Associates
—
Deed Of Trust
related
$1,500,000 · Provident Savings Bank
—
—
M C P Associates LP
—
Deed Of Trust
related
$1,650,000 · Lakeland Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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