Property profile

468 Morris Ave 472 Elizabeth, NJ 07208

OFF-MARKET
Turn key restaurants
Property ID
US59-1952020
1,335 SF 20.8 ac lot Built 1962
Individually Owned 34-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1962
Total area 1,335 SF
Lot 20.8 ac (906,246 SF)
APN 04 00167-0000-00001
UPID US59-1952020

Cap rate & NOI

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

Location

468 Morris Ave, Unit 472 Elizabeth, NJ 07208-1941
Elizabeth metro Census 31802 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 1992
1 recorded transaction
1992
$262,500

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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