Technical
Financial
Distress signals
Property profile

51 Chestnut St Rutherford, NJ 07070

OFF-MARKET
Commercial real estate
Property ID
US59-2945011
2,365 SF 0.14 ac lot Built 1900
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 779,900 USD office building is ideally situated at 51 Chestnut Street in the vibrant town of Rutherford, New Jersey. The property presents a significant opportunity for businesses seeking a well-located and established office space. While the exact square footage is not currently specified, the building's strategic location within Rutherford offers easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. The property sits on a lot with no acreage specified, offering a compact and efficient footprint. The building's address, 51 Chestnut Street, places it within a thriving commercial area, likely benefiting from high visibility and foot traffic. This presents a unique chance to establish a strong business presence in a desirable New Jersey location. The asking price of 779,900 USD reflects the property's potential for return on investment. Further details regarding the building's internal layout, amenities, and specific features are available upon request. Serious inquiries are encouraged to explore this compelling opportunity to acquire a prime office building in a highly sought-after location. This property is offered as-is. Interested parties are responsible for conducting their own due diligence.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction TYPE NOT SPECIFIED
Total area 2,365 SF
Lot 0.14 ac (6,251 SF)
APN 56 00076-0000-00001
UPID US59-2945011

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Business Management Consultant
  • Industrial Manufacturer

Location

51 Chestnut St Rutherford, NJ 07070-1703
Rutherford metro Census 51300 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
$395k
CAP Approach CAP
$510k
Comparable Approach Comparable
$705k
Blend (final) Blend
$395k

Owner & transaction history

since 2025
Last sale
$735,000
6 recorded transactions
2025
$735,000
2008
$795,000
2008
Price N/A
1997
$310,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $570,000 +12.3%

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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