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Property profile & analytics
OFF-MARKET Estimated value $2,265,000
Industrial properties

52 Paterson Ave Newton, NJ 07860-2363

83,930 SF 7.43 ac lot Built 1964
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US59-1420723
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1964
Total area 83,930 SF
Lot 7.43 ac (323,651 SF)
Zoning code T-3
APN 15 00016- 03-00006
UPID US59-1420723
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
$2.92M
Blend (final) Blend
$2.27M
Owner & transaction history
Bagi USA LLC · 8 yrs held
Bagi USA LLC
since 2017
7 recorded transactions
2017
$3.9M
2016
Price N/A
2016
$2.9M
2009
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
T-3 · Newton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

A rural and suburban thoroughfare of high vehicular speed and capacity. This type is allocated to the more rural transect zones (T-1, T-2 and T-3). HOME OCCUPATION An occupation carried on in a dwelling unit or accessory building on the same lot by the resident thereof; provided that the use is limited in extent and incidental and secondary to the use of the…

Zone name Neighborhood Residential
General category COMMERCIAL
Zone area 654.67 ac
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