500 Nn Ave Garwood, NJ 07027-1044
Property profile & analytics
500 Nn Ave, Garwood, NJ 07027-1044
- Commercial real estate
- 78,780 SF
- 2.94 lot acres
Property ID
US59-2917561
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Lofts at Garwood / Apartment Building
Property Details for 500 Nn Ave
- Lot size
- 2.94 lot acres
- Property type
- Commercial real estate
- APN
- 06 00106-0000-00009- 01
- APU
- 60010600000000901
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 27, 2013 | — | Lofts Of Garwood LLC | Garwood-north LLC | Quit Claim Deed · related | — |
| May 20, 2008 | $6,860,746 | Lofts At Garwood LLC | Garwood-north LLC | Grant Deed · related | $7.5M · Investors Savings Bank Fsb |
| Sep 24, 2004 | $2,550,000 | Garwood-north LLC | Thomas & Betts Corp | Grant Deed | — |
| — | — | Lofts At Garwood LLC | — | Deed Of Trust · related | $9.5M · Union Center National Bank |
| — | — | Wachovia Bank NA | — | Deed Of Trust · related | $18.6M · Garwood-north LLC |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $17,330,000
- 6.5%
- $16,000,000
- 7%
- $14,855,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $18,132,000
- AI Estimate
- $9,163,000
Market price range: $12.1M - $29.1MMarket price range: $4.67M - $15.0M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $19,565,000 Current use
- OFFICE BUILDING
- $16,045,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Garwood
- County
- Union
- State
- New Jersey
- Longitude
- -74.3298
- Latitude
- 40.6531
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$318,230
$2,235,400
$9,855,400
$12,090,800
-
$2,235,400
$9,855,400
$12,090,800
