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    Property profile & analytics

    41 Polk St Riverside, NJ 08075-3135

    • Industrial properties
    • 9,161 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Last Sale
    Oct 24, 2023
    $218,000
    Location Intelligence
    Property ID
    US59-1809055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 41 Polk St

    Year built
    1945
    Lot size
    0.24 lot acres
    Property size
    9,161 SF
    Zone code
    R3
    Property type
    Industrial properties
    APN
    30 00702-0000-00002
    APU
    3000702000000002

    Description

    This exceptional industrial property, located at 41 Polk Street in Riverside, New Jersey, presents a compelling investment opportunity. Situated on a sizable 0.24-acre lot, this property offers significant potential for a variety of industrial uses. The property's address is 41 Polk Street, providing convenient access to key transportation routes and local amenities. The asking price for this property is $699,900. While the exact square footage is currently unavailable, the substantial lot size suggests ample space for development or expansion. The property's industrial zoning allows for a range of potential uses, making it an attractive option for businesses seeking a strategic location in Riverside. Given its prime location and considerable lot size, this property is well-suited for entrepreneurs and investors seeking a strong return on their investment. Serious inquiries are encouraged to explore the full potential of this exceptional industrial property. The property is offered as-is. Further details regarding zoning regulations and potential uses are available upon request. Don't miss this chance to acquire a valuable piece of Riverside real estate.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $260,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $260,000
      Mixed-Use
      $250,000
      Hospitality
      $205,000
      Educational
      $220,000
      Residential Income
      $215,000
      Energy
      $240,000
      Income-Based Land
      $275,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.9609
    Latitude
    40.0413
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,398
    $25,800
    $214,200
    $240,000
    -
    $25,800
    $214,200
    $240,000

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation
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      8,812 SF

      219 Saint Mihiel Dr

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    • Value Estimation
      $620,000
      1.33 Acres

      1801 Underwood Blvd

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    • Value Estimation
      $380,000
      8,576 SF

      51 Whittaker St

      INDUSTRIAL (GENERAL) • 8,576 SF
      51 Whittaker St, Riverside, NJ 08075-3935
      View Details
    • Value Estimation by Request
      1,325 SF

      2913 Us-130

      Manufacturing properties • 1,325 SF
      2913 Us-130, Delran, NJ 08075
      View Details

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    Riverside, NJ 08075-3135
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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