Property profile

612-616 Vly Rd 616 Montclair, NJ 07043

OFF-MARKET
Commercial real estate
Property ID
US59-1645874
7,413 SF 0.17 ac lot Built 1922
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1922
Construction BRICK
Total area 7,413 SF
Lot 0.17 ac (7,379 SF)
Zoning code NC
APN 13 02601-0000-00005
UPID US59-1645874

Cap rate & NOI

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

Location

612-616 Vly Rd, Unit 616 Montclair, NJ 07043-1420
Montclair metro Census 16100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.19M
CAP Approach CAP
$1.58M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.19M

Owner & transaction history

since 2022
Last sale
$1.8M
2 recorded transactions
2022
$1.8M
2015
Price N/A

Zoning & alternative use

NC · Montclair, NJ

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
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