Property profile

607-609 Morris Ave 609 Elizabeth, NJ 07208

OFF-MARKET
Office buildings
Property ID
US59-0302862
1,444 SF 0.13 ac lot Built 1850
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1850
Total area 1,444 SF
Lot 0.13 ac (5,458 SF)
APN 04 00097-0000-00001
UPID US59-0302862

Cap rate & NOI

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

Location

607-609 Morris Ave, Unit 609 Elizabeth, NJ 07208-1711
Elizabeth metro Census 31802 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$720k
CAP Approach CAP
$420k
Comparable Approach Comparable
by Request
Blend (final) Blend
$750k

Owner & transaction history

since 2022
Last sale
$570,000
1 recorded transaction
2022
$570,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 607-609 Morris Ave, Unit 609?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message