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Property profile & analytics
OFF-MARKET Estimated value $985,000
Commercial real estate

4 Newark Pompton Tpke Riverdale, NJ 07457-1139

10,584 SF 0.85 ac lot Built 1915
Entity Owned 6-yr Hold Free & Clear
Property ID
US59-1790303
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1915
Construction FRAME
Total area 10,584 SF
Lot 0.85 ac (36,895 SF)
Zoning code CRD
APN 33 00013- 01-00001- 02
UPID US59-1790303
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
by Request
CAP Approach CAP
$1.20M
Comparable Approach Comparable
$710k
Blend (final) Blend
$985k
Owner & transaction history
Blr LLC · 6 yrs held
Blr LLC
since 2019
2 recorded transactions
2019
Price N/A
2017
$400,000
Zoning & alternative use
CRD · Riverdale, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CRD Community Redevelopment District: to encourage the comprehensive redevelopment of the Borough's primary neighborhood business district. Future development encourages the creation of larger lots from several smaller parcels and the development of an overall scheme of the District. To this end, easements for traffic flow and parking, as well as the vacatio…

Zone name Community Redevelopment District
General category COMMERCIAL
Zone area 41.18 ac
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