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    Property profile & analytics

    701 Us Hwy 46 Kenvil, NJ 07847-2627

    • Commercial real estate
    • 8,873 SF
    • 2.99 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 07, 2025
    $1,700,000
    Location Intelligence
    Property ID
    US59-1924248
    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

    • Commercial real estate

    Property Details for 701 Us Hwy 46

    Year built
    1925
    Construction
    FRAME
    Lot size
    2.99 lot acres
    Property size
    8,873 SF
    Zone code
    B-2
    Property type
    Commercial real estate
    APN
    36 04002-0000-00017
    APU
    3604002000000017

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kenvil
    County
    Morris
    State
    New Jersey
    Longitude
    -74.6286
    Latitude
    40.88
    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
    $22,568
    $448,200
    $393,900
    $842,100
    -
    $448,200
    $393,900
    $842,100

    Comparable in this City

    • Value Estimation by Request
      20,970 SF

      760 Us Hwy 46

      COMMERCIAL (GENERAL) • 20,970 SF
      760 Us Hwy 46, Kenvil, NJ 07847-2643
      View Details
    • Value Estimation by Request
      9,568 SF

      922 Us Hwy 46

      COMMERCIAL (GENERAL) • 9,568 SF
      922 Us Hwy 46, Kenvil, NJ 07847-2634
      View Details
    • Value Estimation
      $310,000
      2,388 SF

      478 Us Hwy 46

      COMMERCIAL (GENERAL) • 2,388 SF
      478 Us Hwy 46, Kenvil, NJ 07847-2675
      View Details
    • Value Estimation
      $370,000
      2,087 SF

      490 Us Hwy 46

      COMMERCIAL (GENERAL) • 2,087 SF
      490 Us Hwy 46, Kenvil, NJ 07847-2697
      View Details
    • Value Estimation
      $150,000
      820 SF

      717 Us Hwy 46

      COMMERCIAL (GENERAL) • 820 SF
      717 Us Hwy 46, Kenvil, NJ 07847-2627
      View Details
    • Value Estimation
      $570,000
      1,305 SF

      975 Us Hwy 46

      COMMERCIAL (GENERAL) • 1,305 SF
      975 Us Hwy 46, Kenvil, NJ 07847-2635
      View Details

    Similar Nearby for Sale

    • $299,000
      Pending

      Commercial Land in Roxbury Township

      1.5-acre commercial land in Kenvil, NJ, zoned B-2.
      894 Route46Ken, Roxbury Twp, NJ 07847
      View Details
    • $650,000
      2,087 SF

      Roxbury Twp Mixed-Use Property

      Mixed-use commercial space with apartment and studio rentals.
      490 Rte, Roxbury Twp, NJ 07847
      View Details
    • $650,000

      Kenvil Mixed-Use Commercial Property

      Mixed-use commercial property with retail space, apartments, and parking.
      490 Rte, Kenvil, NJ 07847
      View Details
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    701 Us Hwy 46
    Kenvil, NJ 07847-2627
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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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