Property profile

623 Vly Rd Montclair, NJ 07043

OFF-MARKET
Commercial real estate
Property ID
US59-1281447
3,588 SF 0.07 ac lot Built 1929
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1929
Construction CONCRETE BLOCKS
Total area 3,588 SF
Lot 0.07 ac (3,123 SF)
Zoning code NC
APN 13 02602-0000-00004
UPID US59-1281447

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Interior Design Home Decor Store
  • Clothing & Fashion Store

Location

623 Vly Rd Montclair, NJ 07043-1403
Montclair metro Census 16100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.31M
CAP Approach CAP
$760k
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.29M

Owner & transaction history

since 2023
Last sale
$900,000
4 recorded transactions
2023
$900,000
2023
Price N/A
2015
Price N/A
2005
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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