Property profile

49 Rte 202 Far Hills, NJ 07931

OFF-MARKET
Commercial real estate
Property ID
US59-1716514
25,276 SF 1.81 ac lot
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 25,276 SF
Lot 1.81 ac (78,844 SF)
Zoning code VC
APN 07 00015-0000-00001- 01
UPID US59-1716514

Cap rate & NOI

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

Location

49 Rte 202 Far Hills, NJ 07931
Far Hills metro Census 52901 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
$4.07M
Blend (final) Blend
$3.35M

Owner & transaction history

since 2017
6 recorded transactions
2017
Price N/A
2015
Price N/A
1989
$2.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

VC · Far Hills, NJ
Zoning description

The purpose of the VC Village Commercial district is to provide a central location in the Borough for the provision of retail sales and services, This district is part of the historic fabric of Far Hills village, and req…

General category COMMERCIAL

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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