Property profile

715 Jerusalem Rd Scotch Plains, NJ 07076

OFF-MARKET
Industrial properties
Property ID
US59-1231272
8,285 SF 0.46 ac lot Built 1960
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1960
Construction CONCRETE BLOCKS
Total area 8,285 SF
Lot 0.46 ac (19,907 SF)
Zoning code M-1
APN 16 06201-0000-00016- 01
UPID US59-1231272

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
  • Grocery & Convenience Store Food Market
  • Factory Production Facility

Location

715 Jerusalem Rd Scotch Plains, NJ 07076-2029
Scotch Plains metro Census 38500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$922k
Blend (final) Blend
$770k

Owner & transaction history

since 2015
1 recorded transaction
2015
$825,000

Zoning & alternative use

M-1 · Scotch Plains, NJ
Zoning description

The Intent of this zone is to promote Industry uses

General category UNKNOWN

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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