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Property profile & analytics
OFF-MARKET Estimated value $3,360,000
Industrial properties

4 Frassetto Way Lincoln Park, NJ 07035-2015

30,267 SF 2.24 ac lot Built 1984
Individually Owned 28-yr Hold Absentee Owner Free & Clear
Property ID
US59-2571614
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1984
Total area 30,267 SF
Lot 2.24 ac (97,357 SF)
Zoning code PI
APN 16 22902-0000-00007
UPID US59-2571614
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
  • BG Drums LLC Big Box & Wholesale Store Shipping Company
  • Tnuva USA Corporate Office
  • Backhaul Engineering LLC Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.36M
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
PI · Lincoln Park, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PI, PLANNED INDUSTRIAL ZONE: Within the PI, Planned Industrial Zone , no premises, lot, building or structure shall be used and no building or structure shall be erected or altered to be used in whole or in part for any other than the following purposes: A. All industrial uses shall be permitted, provided that such uses comply with the performance standards…

Zone name Planned Industrial
General category INDUSTRIAL
Zone area 15.77 ac
Source Chapter 28 Zoning Ordinance
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