Property profile

448 Hetfield Ave 54 Elizabeth, NJ 07202

OFF-MARKET
Industrial properties
Property ID
US59-1480629
2,700 SF 0.19 ac lot Built 1967
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1967
Total area 2,700 SF
Lot 0.19 ac (8,185 SF)
APN 04 00533-0000-00001
UPID US59-1480629

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Interior Design Auto Repair Shop

Location

448 Hetfield Ave, Unit 54 Elizabeth, NJ 07202-3608
Elizabeth metro Census 30802 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
$465k
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k

Owner & transaction history

since 2021
Last sale
$485,000
5 recorded transactions
2024
Price N/A
2021
$485,000
2017
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $640,000 +37.2%
Office building $515,000 +10.4%

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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