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Property profile & analytics
OFF-MARKET
Commercial real estate

45 Legion Dr Cresskill, NJ 07626-2143

0.48 ac lot Built 1980
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US59-2906283
Property summary
AI-generated overview

This exceptional office building, located at 45 Legion Drive in Cresskill, New Jersey, presents a compelling investment opportunity. Priced at $2,649,000, the property offers significant potential for a variety of commercial uses. While the exact square footage is not currently specified, the building sits on a zero-acre lot, suggesting a compact and potentially highly efficient layout. Its prime Cresskill location offers easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. The building's condition and specific features are not detailed in the available information, however, the asking price reflects a strong value proposition in the competitive Cresskill commercial real estate market. Further due diligence is recommended to fully assess the property's potential. Interested parties are encouraged to conduct thorough inspections and review all relevant documentation before making an offer. This property is being offered as-is, and the seller makes no warranties or representations regarding the property's condition or suitability for any particular use. The absence of specified square footage necessitates a site visit to accurately determine the usable space. This presents a unique chance to acquire a well-situated commercial property in a desirable New Jersey location. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Lot 0.48 ac (20,852 SF)
APN 08 00178-0000-00011
UPID US59-2906283
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • RD Legal Funding, LLC Bank Credit Union
  • PlaySight Inc Corporate Office
  • Bond Home by Olibra (Bike/Boat/Book/etc) Store Corporate Office
  • Olibra LLC Construction Company General Contractor
  • RLA Creative Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
45 Legion Drive LLC · 18 yrs held
45 Legion Drive LLC
since 2008
3 recorded transactions
2017
Price N/A
2008
$2.9M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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