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Property profile & analytics
OFF-MARKET Estimated value $2,515,000
Commercial real estate

623 Riv Rd Fair Haven, NJ 07704-3200

13,484 SF 1.2 ac lot
Entity Owned 9-yr Hold Free & Clear
Property ID
US59-1721308
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 13,484 SF
Lot 1.2 ac (52,245 SF)
Zoning code B-1
APN 14 00025-0000-00010
UPID US59-1721308
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
by Request
CAP Approach CAP
$2.80M
Comparable Approach Comparable
$3.06M
Blend (final) Blend
$2.52M
Owner & transaction history
Reiss Manufacturing INC · 9 yrs held
Reiss Manufacturing INC
since 2016
1 recorded transaction
2016
$3.0M
Zoning & alternative use
B-1 · Fair Haven, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-1 Business B-2 Business Public Zones PB Public Use Zone Overlay Areas Flood hazard area AHO-1 River Road Mixed-Use Affordable Housing Overlay [Added 9-28-2020 by Ord. No. 2020-08 ] AHO-2 Downtown Mixed-Use Affordable Housing Overlay [Added 9-28-2020 by Ord. No. 2020-08 ] AHO-3 Block 27, Lots 56, 57 and 58 Affordable Housing Overlay [Added 9-28-2020 by Ord.…

Zone name Business
General category COMMERCIAL
Zone area 30.02 ac
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