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Property profile & analytics
FOR LEASE
Industrial properties

40 Fairfield Pl West Caldwell, NJ 07006

2.54 ac lot Built 1968
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-2090314
40 Fairfield Pl, West Caldwell, NJ 07006 For Lease
$5,570,000 7,672 SF available
40 Fairfield Pl, West Caldwell, NJ 07006
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Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1968
Construction CONCRETE BLOCKS
Lot 2.54 ac (110,642 SF)
Zoning code M-1
APN 21 01400-0000-00003
UPID US59-2090314
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
  • MB Productions Film Production Television Studio
  • Prologis Real Estate Agency
  • Line Drive Club Nightclub Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.57M
Owner & transaction history
Colfin 2018-7 Indl Owner LLC · 8 yrs held
Colfin 2018-7 Indl Owner LLC
since 2018
Last sale
$5.6M
7 recorded transactions
2019
Price N/A
2018
$2.5M
2017
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-1 · West Caldwell, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-1, M-2, B-3 and OS Districts, regulated so as to encourage the effective, efficient and unobtrusive provision of telecommunications services to the community, while minimizing visual and other adverse impacts of such uses and protecting public health, welfare and safety. a. Any such antenna shall conform with all provisions of Subsection 20-17.21 , except…

Zone name Limited Manufacturing
General category INDUSTRIAL
Zone area 216.15 ac
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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