Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    437 435th Rt 206 Newton, NJ 07860

    • Industrial properties
    • 37,386 SF
    • 8.79 lot acres
    OFF-MARKET
    Value Estimations
    $3,030,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-1296791
    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 437 435th Rt 206

    Construction
    CONCRETE BLOCKS
    Lot size
    8.79 lot acres
    Property size
    37,386 SF
    Property type
    Industrial properties
    APN
    02 00151-0000-00017
    APU
    200151000000017

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,980,000
      Market price range: $1.06M - $5.50M
      AI Estimate
      $1,843,000
      Market price range: $1.21M - $3.63M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,545,000
      Current use
      COMMERCIAL (GENERAL)
      $4,175,000
      Change: +18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.7668
    Latitude
    41.0242
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA 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
    $96,634
    $339,000
    $2,143,900
    $2,482,900
    -
    $339,000
    $2,143,900
    $2,482,900

    Comparable in this City

    • Value Estimation
      $2,265,000
      83,930 SF

      52 Paterson Ave

      INDUSTRIAL (GENERAL) • 83,930 SF
      52 Paterson Ave, Newton, NJ 07860-2363
      View Details
    • Value Estimation by Request
      7.63 Acres

      123 Fredon Springdale Rd

      INDUSTRIAL (GENERAL) • 7.63 Acres
      123 Fredon Springdale Rd, Newton, NJ 07860-5218
      View Details
    • Value Estimation by Request
      2.00 Acres

      904 County Rd 619

      INDUSTRIAL (GENERAL) • 2.00 Acres
      904 County Rd 619, Newton, NJ 07860-4257
      View Details
    • Value Estimation by Request
      2.50 Acres

      42 Hicks Ave

      INDUSTRIAL (GENERAL) • 2.50 Acres
      42 Hicks Ave, Newton, NJ 07860
      View Details
    • Value Estimation
      $1,335,000
      49,601 SF

      56 Paterson Ave

      INDUSTRIAL (GENERAL) • 49,601 SF
      56 Paterson Ave, Newton, NJ 07860-2349
      View Details
    • Value Estimation
      $3,820,000
      47,400 SF

      1 Brks Plz

      INDUSTRIAL (GENERAL) • 47,400 SF
      1 Brks Plz, Newton, NJ 07860-2626
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,000 SF

      Commercial Building with Storage Rentals

      Stand-alone building with garage bays and storage rentals.
      291 Spring St, Newton, NJ 07860
      View Details
    • $330,000
      7.40 Acres

      Residential Land in Fredon Township

      7.4-acre cleared lot with well and driveway in place.
      386 Ridge Rd, Fredon Twp, NJ 07860
      View Details
    • $1,900,000
      9,999 SF

      Newton VFW Commercial Opportunity

      1.8 acre lot with mixed-use potential in Newton Town.
      85 Mill St, Newton, NJ 07860
      View Details
    • New
      $149,900
      2.05 Acres

      Residential Lot in Established Development

      Level, gently sloping lot in desirable Frelinghuysen Township neighborhood.
      11 Lackawanna Dr, Newton, NJ 07860
      View Details
    • $1,750,000

      Prime Land in Newton, NJ

      30.68 acres of cleared land zoned for research, office, manufacturing.
      720 Rte 94, Newton, NJ 07860
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr

      Creamery Building with Open Space

      Flex space with heavy power and drive-in doors.
      1090 County Road 519, Newton, NJ 07860
      View Details
    • $350 /Mo
      850 SF

      Newton Town Storage Space Available

      Approximately 800 sqft storage space for rent in Newton Town.
      77 Swartswood Rd, Newton, NJ 07860
      View Details
    • $800 /Mo
      32,234 SF

      Heated Garage in Fredon Township

      Unique commercial property with heated garage and convenient location.
      376 Rt 94, Fredon Twp, NJ 07860
      View Details
    • $350 /Mo

      Storage Building with Electric

      Approximately 800 sqft storage space available for rent.
      77 Swartswood Rd, Newton, NJ 07860
      View Details
    • $1,500 /Mo

      Functional Flex Space with Bay Door

      696 sq ft flex space with street-facing bay door.
      2026 Diller Ave, Newton, NJ 07860
      View Details
    • $1,500 /Mo

      Functional Flex Space with Bay

      Move-in ready flex space with street-facing bay door.
      2026 Diller Ave, Newton, NJ 07860
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    437 435th Rt 206
    Newton, NJ 07860
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!