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    40 Martine Ave, Unit 46 Fanwood, NJ 07023-1221
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    Property profile & analytics

    40 Martine Ave, Unit 46, Fanwood, NJ 07023-1221

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    • Commercial real estate
    • 8,242 SF
    • 0.29 lot acres
    Off-Market
    Last Sale Oct 2, 2024
    Property ID
    US59-1232101
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,220,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lily nails and spa inc / Nail Salon
    • Fanwood Benny Nail / Fanwood NJ / Nail Salon

    Property Details for 40 Martine Ave

    Year built
    1962
    Construction
    CONCRETE BLOCKS
    Lot size
    0.29 lot acres
    Property type
    Commercial real estate
    APN
    05 00064-0000-00013
    APU
    500064000000013

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 2, 2024 — Rjm LLC 40 46 South Martine LLC Deed —
    Jun 24, 2015 — 40-46 South Martine LLC Mandel,rita Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,815,000
      6.5%
      $1,675,000
      7%
      $1,555,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $876,000
      Market price range: $600k - $1.59M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,680,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fanwood
    County
    Union
    State
    New Jersey
    Longitude
    -74.3832
    Latitude
    40.6401
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $46,243
    $878,600
    $747,400
    $1,626,000
    -
    $878,600
    $747,400
    $1,626,000
    More about this property
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