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Property profile & analytics
OFF-MARKET Estimated value $3,890,000
Commercial real estate

40 Stirling Rd Watchung, NJ 07069-5900

32,000 SF 2.4 ac lot Built 1990
Entity Owned 16-yr Hold Free & Clear
Property ID
US59-0601899
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Construction FRAME
Total area 32,000 SF
Lot 2.4 ac (104,544 SF)
Zoning code B-B
APN 21 04001-0000-00001
UPID US59-0601899
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
by Request
Comparable Approach Comparable
$4.09M
Blend (final) Blend
$3.89M
Owner & transaction history
Cgrs Real Estate Holding LLC · 16 yrs held
Cgrs Real Estate Holding LLC
since 2009
1 recorded transaction
2009
$4.6M
Zoning & alternative use
B-B · Watchung, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

"B-B" PROFESSIONAL AND OFFICE. [ Ord. No. OR :09/01 § 28-407] A. Principal Permitted Uses on the Land and in Buildings. 1. Offices of professional occupations, including but not limited to, the offices of a physician, bookkeeper, surgeon, dentist, minister, architect, engineer, lawyer and accountant. 2. Photography studios. 3. Offices of an insurance agent,…

Zone name Professional Office
General category UNKNOWN
Zone area 40.11 ac
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