Property profile

41 Joralemon St 47 Belleville, NJ 07109

OFF-MARKET
Industrial properties
Property ID
US59-1728714
13,946 SF 0.36 ac lot Built 1920
Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1920
Construction BRICK
Total area 13,946 SF
Lot 0.36 ac (15,569 SF)
APN 01 08803-0000-00021
UPID US59-1728714

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

41 Joralemon St, Unit 47 Belleville, NJ 07109-3224
Belleville metro Census 14400 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
$2.46M
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$805k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $3.3M +4.0%

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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