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Property profile & analytics
FOR LEASE
Commercial real estate

60 Beaverbrook Rd Lincoln Park, NJ 07035

97,631 SF 10.01 ac lot Built 1930
Entity Owned 26-yr Hold ~ Est. High Equity
Property ID
US59-1065860
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Construction FRAME
Total area 97,631 SF
Lot 10.01 ac (436,036 SF)
Zoning code B-2
APN 16 21301-0000-00001
UPID US59-1065860
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
  • Wa Seng Kitchen Restaurant
  • higi Physician
  • Justin Babu Pharmacy
  • ATM Atm
  • Blue Foundry Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.03M
Comparable Approach Comparable
$12.10M
Blend (final) Blend
$12.94M
Owner & transaction history
Morts Family Group LLC · 26 yrs held
Morts Family Group LLC
since 2000
1 recorded transaction
2000
Price N/A
Zoning & alternative use
B-2 · Lincoln Park, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-2 Business Zone . 3. Institutional Attraction/Bulletin Boards: Attraction boards displayed by civic, philanthropic, educational and religious organizations identifying activities, events and services involving the organization occupying the premises on which the 103 attraction board is to be erected but containing no commercial advertising material of any…

Zone name Shopping Center
General category COMMERCIAL
Zone area 44.38 ac
Source Chapter 28 Zoning Ordinance
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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