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Property profile

508 Millburn Ave Short Hills, NJ 07078

OFF-MARKET
Commercial real estate
Property ID
US59-0101778
View Sample
0.11 ac lot Built 1957
Entity Owned 19-yr Hold Free & Clear

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1957
Construction CONCRETE BLOCKS
Lot 0.11 ac (5,001 SF)
APN 12 01708-0000-00009
UPID US59-0101778

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2007
1 recorded transaction
2007
$850,000

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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