Property profile

40 Stern Ave Springfield, NJ 07081

OFF-MARKET
Industrial properties
Property ID
US59-1602657
20,665 SF 1.06 ac lot Built 1965
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Construction STEEL FRAME
Total area 20,665 SF
Lot 1.06 ac (45,999 SF)
APN 17 03102-0000-00001
UPID US59-1602657

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
  • Corporate Office

Location

40 Stern Ave Springfield, NJ 07081-2905
Springfield metro Census 37602 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.58M
Blend (final) Blend
$1.97M

Owner & transaction history

1 recorded transaction
1969
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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