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Property profile & analytics
OFF-MARKET Estimated value $775,000
Commercial real estate

57 Broadway Pitman, NJ 08071-1413

8,230 SF 0.29 ac lot Built 1990
Entity Owned 7-yr Hold Free & Clear
Property ID
US59-3043286
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Construction CONCRETE BLOCKS
Total area 8,230 SF
Lot 0.29 ac (12,502 SF)
Zoning code C-1
APN 15 00074-0000-00013
UPID US59-3043286
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
Current use
Occupant on record · Public records
  • The PaintGround Training Center (Bike/Boat/Book/etc) Store
  • Crystal Jay’s Salon and Spa Hair Salon Nail Salon
  • Anthony Alfe - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$712k
Blend (final) Blend
$775k
Owner & transaction history
57 South Broadway LLC · 7 yrs held
57 South Broadway LLC
since 2019
7 recorded transactions
2022
Price N/A
2019
Price N/A
2018
$240,000
2015
Price N/A
2007
$350,000
2004
$230,000
1969
Price N/A
Zoning & alternative use
C-1 · Pitman, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Any use permitted in C-1 Commercial Districts. b. Wholesale business establishment. c. Motor vehicle service station, motor vehicle sales agency, public garage or automobile repair shop, provided that all facilities are located and all services are conducted within the confines of the lot. d. Drive-in restaurant or similar use. e. Indoor place of amusement,…

Zone name Commercial District
General category INDUSTRIAL
Zone area 32.89 ac
Top alternative use upside
Industrial (general) $1.2M +33.3%
Office building $1.1M +19.9%
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