Property profile

54 Morristown Rd Bernardsville, NJ 07924

OFF-MARKET
Banks
Property ID
US59-0142692
1,528 SF 1.15 ac lot Built 1890
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1890
Construction FRAME
Total area 1,528 SF
Lot 1.15 ac (50,094 SF)
Zoning code D-CO
APN 03 00067-0000-00010
UPID US59-0142692

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
  • Loan Service Bank
  • Bank Loan Service
  • Atm

Location

54 Morristown Rd Bernardsville, NJ 07924-2305
Bernardsville metro Census 52702 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
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$520k

Owner & transaction history

since 2014
4 recorded transactions
2014
$5.6M
2012
$1.2M
2004
$550,000
1969
Price N/A

Zoning & alternative use

D-CO · Bernardsville, NJ
Zoning description

Downtown Corridor Subdistrict (D-Co). 1. Description and Intent. The Downtown Corridor subdistrict extends along Morristown Road east of the core and serves as a portion of the eastern gateway into Bernardsville. The are…

General category CIVIC_INSTITUTIONAL

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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