Property profile

38 Market St Elmwood Park, NJ 07407

OFF-MARKET
Industrial properties
Property ID
US59-1195735
26,816 SF 25.5 ac lot Built 1943
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1943
Construction CONCRETE BLOCKS
Total area 26,816 SF
Lot 25.5 ac (1,110,780 SF)
APN 11 00902-0000-00002
UPID US59-1195735

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

38 Market St Elmwood Park, NJ 07407
Elmwood Park metro Census 11300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.63M
Comparable Approach Comparable
$3.81M
Blend (final) Blend
$4.56M

Owner & transaction history

since 2017
4 recorded transactions
2017
$21.6M
1989
$9.9M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $6.5M +7.9%

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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