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Property profile & analytics
OFF-MARKET Estimated value $810,000
Commercial real estate

402 Boyden Ave 408 Maplewood, NJ 07040-3043

1,563 SF 0.21 ac lot Built 1966
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-1914532
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1966
Construction CONCRETE BLOCKS
Total area 1,563 SF
Lot 0.21 ac (9,200 SF)
Zoning code NB
APN 11 00045- 02-00418
UPID US59-1914532
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
$930k
CAP Approach CAP
by Request
Comparable Approach Comparable
$692k
Blend (final) Blend
$810k
Owner & transaction history
Shandler Real Estate LLC · 4 yrs held
Shandler Real Estate LLC
since 2022
Last sale
$750,000
1 recorded transaction
2022
$750,000
Zoning & alternative use
NB · Maplewood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Neighborhood Business NB; Retail Business RB and Highway Business HB Districts. (1) Permitted principal uses. (a) Retail businesses, not including thrift shops, pawnshops and check-cashing establishments. (b) Convenience store with a fueling station in the HB District. (c) Financial institutions. (d) Restaurants, but not including fast-food restaurants. (e)…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 12.55 ac
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