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    Property profile & analytics

    60 Ss Ave Fanwood, NJ 07023-1546

    • Industrial properties
    • 12,480 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $550,000
    Location Intelligence
    Property ID
    US59-1119370
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Murphy Bed Lifestyles of New Jersey / Interior Designer / Professional Organizer
    • Closet Factory / Cabinet Maker
    • G&K Chimney AND Dryer Vent Cleaning Services / Chimney Sweep

    Property Details for 60 Ss Ave

    Year built
    1952
    Construction
    CONCRETE BLOCKS
    Lot size
    0.89 lot acres
    Property size
    12,480 SF
    Property type
    Industrial properties
    APN
    05 00056-0000-00007
    APU
    500056000000007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $525,000

    • CAP approach

      CAP return
      Estimation
      6%
      $695,000
      6.5%
      $645,000
      7%
      $645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $660,000
      Geo Method
      $610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $605,000
      Retail
      $720,000
      Mixed-Use
      $575,000
      Hospitality
      $665,000
      Educational
      $615,000
      Residential Income
      $720,000
      Energy
      $680,000
      Income-Based Land
      $560,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Fanwood
    County
    Union
    State
    New Jersey
    Longitude
    -74.3898
    Latitude
    40.6362
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,337
    $303,400
    $657,800
    $961,200
    -
    $303,400
    $657,800
    $961,200

    Comparable in this City

    • Value Estimation by Request
      4,368 SF

      209 Ss Ave

      INDUSTRIAL (GENERAL) • 4,368 SF
      209 Ss Ave, Fanwood, NJ 07023-1214
      View Details
    • Value Estimation by Request
      5,796 SF

      133 Ss Ave

      INDUSTRIAL (GENERAL) • 5,796 SF
      133 Ss Ave, Fanwood, NJ 07023-1547
      View Details
    • Value Estimation
      $500,000
      1,530 SF

      75 Ss Ave

      INDUSTRIAL (GENERAL) • 1,530 SF
      75 Ss Ave, Fanwood, NJ 07023
      View Details
    • Value Estimation
      $540,000
      1,148 SF

      Ss Ave

      INDUSTRIAL (GENERAL) • 1,148 SF
      Ss Ave, Fanwood, NJ 07023
      View Details
    • Value Estimation by Request
      8,707 SF

      35-37 Ss Ave

      INDUSTRIAL (GENERAL) • 8,707 SF
      35-37 Ss Ave, Fanwood, NJ 07023-1563
      View Details
    • Value Estimation
      $450,000
      4,246 SF

      191 Ss Ave

      INDUSTRIAL (GENERAL) • 4,246 SF
      191 Ss Ave, Fanwood, NJ 07023-1263
      View Details

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    60 Ss Ave
    Fanwood, NJ 07023-1546
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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