Technical
Financial
Distress signals
Property profile

488 Oak Tree Ave South Plainfield, NJ 07080

OFF-MARKET
Commercial real estate
Property ID
US59-3083291
1.49 ac lot
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.49 ac (64,904 SF)
Zoning code M3
APN 22 00254-0000-00003
UPID US59-3083291

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
  • Training Center
  • Bank Credit Union
  • Grocery & Convenience Store
  • Restaurant
  • Training Center

Location

488 Oak Tree Ave South Plainfield, NJ 07080-4413
South Plainfield metro Census 1001 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2004
5 recorded transactions
2023
Price N/A
2020
Price N/A
2004
$1.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M3 · South Plainfield, NJ

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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