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Property profile & analytics
OFF-MARKET Estimated value $4,315,000
Commercial real estate

601 Passaic Ave West Caldwell, NJ 07006-6707

20,108 SF 2.07 ac lot Built 2005
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US59-3153631
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Construction BRICK
Total area 20,108 SF
Lot 2.07 ac (90,169 SF)
Zoning code B-3
APN 21 01502-0000-00003
UPID US59-3153631
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
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Walgreens Pharmacy Pharmacy
  • Windshield Replacement Group of West Caldwell Auto Repair Shop (Bike/Boat/Book/etc) Store
  • LibertyX Bitcoin ATM Atm
  • Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.27M
Comparable Approach Comparable
$4.02M
Blend (final) Blend
$4.32M
Owner & transaction history
S & S Caldwell LLC · 6 yrs held
S & S Caldwell LLC
since 2019
6 recorded transactions
2019
$8.4M
2019
Price N/A
2017
Price N/A
2005
$7.6M
2004
$2.9M
1969
Price N/A
Zoning & alternative use
B-3 · West Caldwell, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-3 and OS Districts, regulated so as to encourage the effective, efficient and unobtrusive provision of telecommunications services to the community, while minimizing visual and other adverse impacts of such uses and protecting public health, welfare and safety. a. Any such antenna shall conform with all provisions of Subsection 20-17.21 , except when any s…

Zone name General Business
General category INDUSTRIAL
Zone area 98.81 ac
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