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Property profile & analytics
OFF-MARKET Estimated value $960,000
Industrial properties

37 Clinton St Newton, NJ 07860-1870

19,150 SF 0.83 ac lot Built 1887
Individually Owned 22-yr Hold Free & Clear
Property ID
US59-1716696
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1887
Construction BRICK
Total area 19,150 SF
Lot 0.83 ac (36,242 SF)
Zoning code T-5
APN 15 00009- 06-00004
UPID US59-1716696
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
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
$876k
Blend (final) Blend
$960k
Owner & transaction history
Newton Town Nj · 22 yrs held
Newton Town Nj
since 2003
1 recorded transaction
2003
Price N/A
Zoning & alternative use
T-5 · Newton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

T-5 - Town Core Support Area/Neighborhood Cores. The T-5 Transect Zone covers the area surrounding the Town Core that provides the majority of the housing and employment that directly supports the Town Core. The T-5 Transect also provides for Neighborhood Cores to serve some of the neighborhoods which are closer to the Town Core area. The permitted uses in t…

Zone name Town Core Support Area And Neighborhood Cores
General category RESIDENTIAL
Zone area 182.83 ac
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