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Property profile & analytics
OFF-MARKET
Industrial properties

50 Commerce Rd Cedar Grove, NJ 07009-1206

14,432 SF 0.6 ac lot Built 1951
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US59-2151519
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1951
Construction CONCRETE BLOCKS
Total area 14,432 SF
Lot 0.6 ac (26,058 SF)
Zoning code M-1
APN 04 00291-0000-00006
UPID US59-2151519
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lb Construction Services LLC · 6 yrs held
Lb Construction Services LLC
since 2020
Last sale
$777,000
7 recorded transactions
2024
Price N/A
2022
Price N/A
2020
$777,000
2020
Price N/A
2018
Price N/A
2007
$777,000
1969
Price N/A
Zoning & alternative use
M-1 · Cedar Grove, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-1 and M-2 Office/Warehouse Zones. It is the intent of these zones to provide for light manufacturing and warehouse uses while at the same time permitting development of professional and/or business offices, whether as accessory or principal uses. District standards for the height and size of buildings and the area and dimensions of yards and open spaces ar…

Zone name Office And Warehouse District
General category INDUSTRIAL
Zone area 67.43 ac
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