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    Property profile & analytics

    65 Park Ave Randolph, NJ 07869-2511

    • Industrial properties
    • 10,080 SF
    • 5.52 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Location Intelligence
    Property ID
    US59-1072206
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Burrini and Sons Contracting LLC / Painter / Wood Floor Installation Service
    • Burrini's Powerwashing & Roof Cleaning Systems / Pressure Washing Service
    • Burrini's and Son's General Contracting / Bathroom Remodeler / Deck Builder

    Property Details for 65 Park Ave

    Year built
    1970
    Construction
    CONCRETE BLOCKS
    Lot size
    5.52 lot acres
    Property size
    10,080 SF
    Zone code
    RR
    Property type
    Industrial properties
    APN
    32 00006-0000-00043- 01
    APU
    320000600000004301

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $725,000
      6.5%
      $680,000
      7%
      $715,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $640,000
      Geo Method
      $620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $565,000
      Retail
      $755,000
      Mixed-Use
      $640,000
      Hospitality
      $695,000
      Educational
      $610,000
      Residential Income
      $790,000
      Energy
      $680,000
      Income-Based Land
      $590,000
      Food Service
      $705,000

    Location Insight

    • Map
    • Local Demand
    City
    Randolph
    County
    Morris
    State
    New Jersey
    Longitude
    -74.6263
    Latitude
    40.8445
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,725
    $225,200
    $525,700
    $750,900
    -
    $225,200
    $525,700
    $750,900

    Comparable in this City

    • Value Estimation by Request
      74,810 SF

      86 Canfield Ave

      INDUSTRIAL (GENERAL) • 74,810 SF
      86 Canfield Ave, Randolph, NJ 07869-1116
      View Details
    • Value Estimation by Request
      8.97 Acres

      9 Aspen Dr

      INDUSTRIAL (GENERAL) • 8.97 Acres
      9 Aspen Dr, Randolph, NJ 07869-1108
      View Details
    • Value Estimation
      $395,000
      4,450 SF

      193 Franklin Rd

      INDUSTRIAL (GENERAL) • 4,450 SF
      193 Franklin Rd, Randolph, NJ 07869-1612
      View Details
    • Value Estimation
      $690,000
      10,495 SF

      961 State Rte 10

      INDUSTRIAL (GENERAL) • 10,495 SF
      961 State Rte 10, Randolph, NJ 07869-1935
      View Details
    • Value Estimation
      $490,000
      2,496 SF

      155 Canfield Ave

      INDUSTRIAL (GENERAL) • 2,496 SF
      155 Canfield Ave, Randolph, NJ 07869-1106
      View Details
    • Value Estimation by Request
      458,500 SF

      1578 Sussex Tpke

      INDUSTRIAL (GENERAL) • 458,500 SF
      1578 Sussex Tpke, Randolph, NJ 07869-1833
      View Details

    Similar Nearby for Sale

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      Established Family Entertainment Cafe Business

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    • Contact for pricing
      11,730 SF

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      11,730 SF retail building on Route 10 for sale.
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    • New
      $725,000
      Pending

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      Fully rented, updated triplex with strong cash flow.
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    • $3,500,000

      78.5 Acres Preserved Farm Opportunity

      78.5-acre preserved farm with development potential in Randolph Township, NJ.
      95 Calais Rd, Randolph, NJ 07869
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    • $899,000

      Route 10 Commercial Investment Opportunity

      Free-standing commercial building with diversified revenue on Route 10 West.
      860 State Route 10, Randolph, NJ 07869
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    Similar Nearby for Lease

    • Contact for pricing
      40,040 SF

      Randolph Warehouse Space Available

      40,040 SF warehouse space with existing racking available for lease.
      5 Aspen Dr, Randolph, NJ 07869
      View Details
    • $10 SF/Yr
      5,000 SF

      Randolph Warehouse Space Available

      5,000 sq ft warehouse with office space for lease.
      11 Middlebury Blvd, Randolph, NJ 07869
      View Details
    • Contact for pricing
      15,000 SF

      Randolph Industrial Space Available

      15,000 SF industrial space with office component for lease.
      6 Emery Ave, Randolph, NJ 07869
      View Details
    • $36,000
      1,570 SF

      Randolph Creative Office Suite

      Turnkey Loft Office, Move-In Ready
      1250 Sussex Tpke, Randolph, NJ 07869
      View Details
    • $2,850 /Mo

      Randolph Office Space For Rent

      Pristine office space in Randolph, flexible layout, convenient location.
      10 W Hanover Ave, Randolph, NJ 07869
      View Details
    • $22 SF/Yr
      1,544 SF

      Randolph Retail Space Available

      Retail space available for lease in Randolph, New Jersey.
      477 State Route 10, Randolph, NJ 07869
      View Details
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    65 Park Ave
    Randolph, NJ 07869-2511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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