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Property profile & analytics
OFF-MARKET Estimated value $330,000
Commercial real estate

5 Lakeside Rd Hewitt, NJ 07421-2836

1,350 SF 0.34 ac lot Built 1940
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US59-1531911
Property summary
AI-generated overview

This exceptional commercial property, located at 5 Lakeside Rd Left Side in the heart of Hewitt, NJ, presents a fantastic opportunity for a discerning business. Boasting approximately 500 square feet of versatile space, this property is ideal for a variety of uses, including office or retail. The space features a full window front, maximizing natural light and providing excellent street visibility. The interior is thoughtfully divided, with a back section specifically designed as office space, offering a functional and private workspace. Access is convenient with both front and side entrances. The property benefits from central air conditioning for year-round comfort. Ample parking is available, with a shared lot located both in front and behind the building. Tenants are responsible for their own utilities, while snow removal is handled by the landlord. A garbage dumpster is conveniently located at the rear of the property, with waste disposal costs covered by the landlord. The property also offers the potential for prominent signage

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 1,350 SF
Lot 0.34 ac (14,723 SF)
APN 15 03504-0000-00002
UPID US59-1531911
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k
Owner & transaction history
Mark Lindsay
Mark Lindsay
4 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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