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Property profile & analytics
OFF-MARKET Estimated value $3,360,000
Commercial real estate

72 Hamburg Tpke Riverdale, NJ 07457-1160

9,750 SF 1.76 ac lot Built 1993
Entity Owned 5-yr Hold Free & Clear
Property ID
US59-1801918
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1993
Construction CONCRETE BLOCKS
Total area 9,750 SF
Lot 1.76 ac (76,666 SF)
Zoning code CRD
APN 33 00006-0000-00005
UPID US59-1801918
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
by Request
CAP Approach CAP
$2.03M
Comparable Approach Comparable
$3.54M
Blend (final) Blend
$3.36M
Owner & transaction history
Mill Race Properties LLC · 5 yrs held
Mill Race Properties LLC
since 2021
Last sale
$3.4M
2 recorded transactions
2021
$3.4M
1998
$1.7M
Zoning & alternative use
CRD · Riverdale, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CRD Community Redevelopment District: to encourage the comprehensive redevelopment of the Borough's primary neighborhood business district. Future development encourages the creation of larger lots from several smaller parcels and the development of an overall scheme of the District. To this end, easements for traffic flow and parking, as well as the vacatio…

Zone name Community Redevelopment District
General category COMMERCIAL
Zone area 41.18 ac
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