Property profile

556 Progress St 600 Elizabeth, NJ 07201

OFF-MARKET
Industrial properties
Property ID
US59-0995397
2,550,000 SF 2.09 ac lot Built 1957
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1957
Total area 2,550,000 SF
Lot 2.09 ac (91,040 SF)
APN 04 00832-0000-00010
UPID US59-0995397

Cap rate & NOI

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

Location

556 Progress St, Unit 600 Elizabeth, NJ 07201-2018
Elizabeth metro Census 980000 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
$18.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.67M
Blend (final) Blend
$18.34M

Owner & transaction history

since 2024
Last sale
$18.3M
5 recorded transactions
2024
$18.3M
2024
$14.0M
2005
$4.6M
1969
Price N/A
1969
Price N/A

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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