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Property profile & analytics
OFF-MARKET Estimated value $565,000
Industrial properties

619 Church St Pleasantville, NJ 08232-4208

6,200 SF 0.47 ac lot Built 1975
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1893909
Property summary
AI-generated overview

This exceptional 6,000 square foot building in Pleasantville, NJ presents a unique investment opportunity. Situated on the Northfield side of the Black Horse Pike, this property boasts a spacious warehouse area with impressive 20-foot ceilings and robust steel beam construction, offering versatile usage potential. A large 20-foot high overhead door ensures easy access for vehicles. Currently, 2,000 square feet of office space is leased, generating a consistent annual rental income of $36,000 under a month-to-month agreement with an option for extension. The owner currently utilizes an additional 3,500 square feet of warehouse space and 500 square feet of office space. The property offers ample parking for up to ten vehicles. The building is zoned UEZ, providing additional flexibility for various business ventures. A recently installed new roof adds to the property's value and reduces maintenance concerns. This property is ideal for owner-occupiers seeking a combination of workspace and rental income or investors looking for a strong return on investment. The flexible layout and substantial square footage make this a truly versatile commercial space. Don't miss this chance to acquire a well-maintained, income-producing property in a desirable location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Construction CONCRETE BLOCKS
Total area 6,200 SF
Lot 0.47 ac (20,421 SF)
Zoning code UEZC
APN 19 00050-0000-00001
UPID US59-1893909
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$669k
Blend (final) Blend
$565k
Owner & transaction history
Interstate Investments LLC · 3 yrs held
Interstate Investments LLC
since 2023
Last sale
$500,000
7 recorded transactions
2023
$500,000
2018
Price N/A
2014
$340,000
1993
$265,000
1989
$235,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
UEZC · Pleasantville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $785,000 +23.2%
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