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Property profile & analytics
OFF-MARKET Estimated value $750,000
Commercial real estate

736 Mtn Blvd Watchung, NJ 07069-6243

3,286 SF 0.55 ac lot Built 1963
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US59-2175707
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1963
Construction FRAME
Total area 3,286 SF
Lot 0.55 ac (23,958 SF)
Zoning code B-B
APN 21 00102-0000-00006- 02
UPID US59-2175707
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
$785k
CAP Approach CAP
$850k
Comparable Approach Comparable
$761k
Blend (final) Blend
$750k
Owner & transaction history
Ebb Nj Properties LLC · 5 yrs held
Ebb Nj Properties LLC
since 2021
Last sale
$725,000
1 recorded transaction
2021
$725,000
Zoning & alternative use
B-B · Watchung, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

"B-B" PROFESSIONAL AND OFFICE. [ Ord. No. OR :09/01 § 28-407] A. Principal Permitted Uses on the Land and in Buildings. 1. Offices of professional occupations, including but not limited to, the offices of a physician, bookkeeper, surgeon, dentist, minister, architect, engineer, lawyer and accountant. 2. Photography studios. 3. Offices of an insurance agent,…

Zone name Professional Office
General category UNKNOWN
Zone area 40.11 ac
Top alternative use upside
Office building $680,000 +1.0%
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