Technical
Financial
Distress signals
Property profile

400 Watchung Ave 4 Plainfield, NJ 07060

OFF-MARKET
Industrial properties
Property ID
US59-0806384
13,476 SF 0.18 ac lot Built 1910
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1910
Construction BRICK
Total area 13,476 SF
Lot 0.18 ac (7,958 SF)
Zoning code CBD
APN 12 00836-0000-00001
UPID US59-0806384

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
  • Law Firm

Location

400 Watchung Ave, Unit 4 Plainfield, NJ 07060-1719
Plainfield metro Census 39302 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
$543k
Blend (final) Blend
$700k

Owner & transaction history

since 2023
Last sale
$700,000
7 recorded transactions
2023
$700,000
2023
Price N/A
2010
$430,000
2009
Price N/A
1988
$225,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CBD · Plainfield, NJ
Zoning description

In all zone districts, except the Central Business District (CBD) and the North Avenue Historic District Zones, there shall be provided, at the time that any building or structure is erected, enlarged, increased in capac…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Watchung Ave, Unit 4?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message