Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    675 Clark Dr Budd Lake, NJ 07828-4311

    • Industrial properties
    • 36,120 SF
    OFF-MARKET
    Value Estimation
    $5,270,000
    Last Sale
    Feb 26, 2021
    $4,100,000
    Location Intelligence
    Property ID
    US59-1810605
    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

    • FedEx Ship Center / Shipping And Mailing Service / Logistics Service

    Property Details for 675 Clark Dr

    Year built
    1993
    Property size
    36,120 SF
    Zone code
    FTZ2
    Property type
    Industrial properties
    APN
    27 00102-0000-00011- 01
    APU
    270010200000001101

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,840,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,175,000
      6.5%
      $3,955,000
      7%
      $4,525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,765,000
      Geo Method
      $4,015,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,580,000
      Retail
      $3,540,000
      Mixed-Use
      $4,400,000
      Hospitality
      $4,115,000
      Educational
      $3,805,000
      Residential Income
      $4,230,000
      Energy
      $4,720,000
      Income-Based Land
      $4,020,000
      Food Service
      $4,055,000

    Location Insight

    • Map
    • Local Demand
    City
    Budd Lake
    County
    Morris
    State
    New Jersey
    Longitude
    -74.7273
    Latitude
    40.902
    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
    2022
    $81,725
    $750,000
    $1,750,000
    $2,500,000
    -
    $750,000
    $1,750,000
    $2,500,000

    Comparable in this City

    • Value Estimation
      $640,000
      35,168 SF

      150 Goldmine Rd

      INDUSTRIAL (GENERAL) • 35,168 SF
      150 Goldmine Rd, Budd Lake, NJ 07828
      View Details
    • Value Estimation
      $5,400,000
      1,080 SF

      200 International Dr Rear

      INDUSTRIAL (GENERAL) • 1,080 SF
      200 International Dr Rear, Budd Lake, NJ 07828-4320
      View Details
    • Value Estimation
      $365,000
      750 SF

      40 Wolfe Rd

      INDUSTRIAL (GENERAL) • 750 SF
      40 Wolfe Rd, Budd Lake, NJ 07828-3210
      View Details
    • Value Estimation by Request
      161,776 SF

      313 Waterloo Vly Rd

      INDUSTRIAL (GENERAL) • 161,776 SF
      313 Waterloo Vly Rd, Budd Lake, NJ 07828-1384
      View Details
    • Value Estimation by Request
      6.21 Acres

      350 International Dr

      INDUSTRIAL (GENERAL) • 6.21 Acres
      350 International Dr, Budd Lake, NJ 07828-4305
      View Details
    • Value Estimation by Request
      86,326 SF

      100 International Dr

      INDUSTRIAL (GENERAL) • 86,326 SF
      100 International Dr, Budd Lake, NJ 07828-1383
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10.98 Acres

      Mount Olive Industrial Land

      10.98 Acres, Approved 64,515 SF Warehouse
      217 Waterloo Valley Rd, Mount Olive, NJ 07828
      View Details
    • $200,000

      Land Available in Mount Olive

      Land for sale, buyer responsible for due diligence.
      25 Budd Ave, Budd Lake, NJ 07828
      View Details
    • $1,600,000
      11,000 SF

      Medical Office Corner Suite

      Corner suite ideal for medical professionals, available immediately.
      125 Us Highway 46, Budd Lake, NJ 07828
      View Details
    • $180,000

      Land For Sale

      Land available for sale.
      100 Us-46, Budd Lake, NJ 07828
      View Details
    • $100,000

      Prime Land on Route 46

      1.34-acre parcel with high visibility and frontage on Route 46.
      212 Rte, Budd Lake, NJ 07828
      View Details
    • $450,000
      5.43 Acres

      Commercial Condo and Land Opportunity

      Commercial condo with development rights in Morris County, New Jersey.
      354 Route46, Budd Lake, NJ 07828
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,501 SF

      Warehouse and Office Space Available

      Warehouse and office space available for lease in Mount Olive.
      550 Clark Dr, Mount Olive, NJ 07828
      View Details
    • Contact for pricing
      22,778 SF

      Industrial Sublease in Mount Olive

      Industrial sublease available through September 2028, close to major routes.
      200 International Dr, Mount Olive, NJ 07828
      View Details
    • Contact for pricing
      123,023 SF

      Mount Olive Retail Center Opportunity

      Prime NJ Retail Space Available, High Traffic
      61 International Dr, Mount Olive, NJ 07828
      View Details
    • Contact for pricing
      74,000 SF

      Village Green: Prime Retail/Office Space

      Mt. Olive, NJ: 74,000 SF Retail/Office Center
      100 Us-46, Mount Olive, NJ 07828
      View Details
    • $2,550 /Mo

      Renovated Apartment in Budd Lake

      Newly renovated 2-bedroom apartment with shared backyard and driveway.
      29 Mount Olive Rd, Budd Lake, NJ 07828
      View Details
    • $9,000 /Mo

      Lakeside Office Building For Rent

      Spacious office building with lake views, suitable for various uses.
      295 Route46, Budd Lake, NJ 07828
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    675 Clark Dr
    Budd Lake, NJ 07828-4311
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.