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Property profile & analytics
OFF-MARKET Estimated value $3,120,000
Industrial properties

67 Sand Park Rd Cedar Grove, NJ 07009-1243

1.53 ac lot Built 1957
Entity Owned 4-yr Hold Free & Clear
Property ID
US59-1708433
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1957
Construction CONCRETE BLOCKS
Lot 1.53 ac (66,590 SF)
Zoning code M-1
APN 04 00294-0000-00031
UPID US59-1708433
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
$3.66M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.12M
Owner & transaction history
Ejr LLC · 4 yrs held
Ejr LLC
since 2021
Last sale
$2.6M
2 recorded transactions
2021
$2.6M
2004
$10
Zoning & alternative use
M-1 · Cedar Grove, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-1 and M-2 Office/Warehouse Zones. It is the intent of these zones to provide for light manufacturing and warehouse uses while at the same time permitting development of professional and/or business offices, whether as accessory or principal uses. District standards for the height and size of buildings and the area and dimensions of yards and open spaces ar…

Zone name Office And Warehouse District
General category INDUSTRIAL
Zone area 67.43 ac
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