Property profile

51 Brown Ave Springfield, NJ 07081

OFF-MARKET
Industrial properties
Property ID
US59-2662406
2,400 SF 0.34 ac lot Built 1965
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Construction STEEL FRAME
Total area 2,400 SF
Lot 0.34 ac (15,028 SF)
APN 17 03102-0000-00004
UPID US59-2662406

Cap rate & NOI

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

Location

51 Brown Ave Springfield, NJ 07081-2901
Springfield metro Census 37602 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
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

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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