420 Main St Chester, NJ 07930
LBT - Limited Business Zone. (1) Permitted uses. (a) Uses permitted in the Residential RHD and RLD Zone. (b) Subject to Subsection E(3) herein below, office buildings for professional and business occupancy, including professional offices, banks, commercial and private schools, insurance agencies, travel agencies, stock brokerage firms and real estate office…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LBT · Chester, NJLBT - Limited Business Zone. (1) Permitted uses. (a) Uses permitted in the Residential RHD and RLD Zone. (b) Subject to Subsection E(3) herein below, office buildings for professional and business occupancy, including professional offices, banks, commercial and private schools, insurance agencies, travel agencies, stock brokerage firms and real estate offices. (c) Subject to Subsection E(3) herein below, limited business uses such as antique shops, dress and haberdashery shops, gift shops, flower shops, jewelry stores, stationary supplies, barber and beauty shops, and similar limited retail uses. (d) Inns, subject to Subsection E(3) herein below, the principal use of which is lodging providing bed and breakfast, subject to the following: [1] Shall consist of five or fewer rental rooms. [2] These rooms or suites are for purpose of providing overnight sleeping accommodations of paying guests. [3] Shall be located in the principal structure of the property. [4] Owner must operate and live in principal structure. [5] Provide parking in the rear for each rental room and each outside staff members. [6] No lunch or dinner is to be provided to the guests, only breakfast. (e) Subject to Subsection E(2) and (3) herein below, the existing residential buildings within the zone may be converted for professional and business occupancy. (2) Conditional uses. [Added 8-16-2005 by Ord. No. 2005-13 [5] ] (a) Attached age-restricted dwellings within the age-restricted overlay. [5]
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.