Property profile

40 Martine Ave 46 Fanwood, NJ 07023

OFF-MARKET
Commercial real estate
Property ID
US59-1232101
8,242 SF 0.29 ac lot Built 1962
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1962
Construction CONCRETE BLOCKS
Total area 8,242 SF
Lot 0.29 ac (12,690 SF)
APN 05 00064-0000-00013
UPID US59-1232101

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nail Salon
  • Nail Salon

Location

40 Martine Ave, Unit 46 Fanwood, NJ 07023-1221
Fanwood metro Census 38701 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
$1.68M
Comparable Approach Comparable
$876k
Blend (final) Blend
$1.22M

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2015
Price N/A

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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