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Property profile & analytics
OFF-MARKET Estimated value $8,050,000
Industrial properties

8 York Ave West Caldwell, NJ 07006-6411

27,686 SF 2.87 ac lot Built 1998
Entity Owned 2-yr Hold Free & Clear
Property ID
US59-0107709
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1998
Construction CONCRETE BLOCKS
Total area 27,686 SF
Lot 2.87 ac (124,987 SF)
Zoning code M-1
APN 21 01201-0000-00016
UPID US59-0107709
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
$8.05M
CAP Approach CAP
$4.88M
Comparable Approach Comparable
$6.49M
Blend (final) Blend
$8.05M
Owner & transaction history
85c Nj LLC · 2 yrs held
85c Nj LLC
since 2024
Last sale
$8.1M
3 recorded transactions
2024
$8.1M
2011
$2.8M
2004
$2.6M
Zoning & alternative use
M-1 · West Caldwell, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-1, M-2, B-3 and OS Districts, regulated so as to encourage the effective, efficient and unobtrusive provision of telecommunications services to the community, while minimizing visual and other adverse impacts of such uses and protecting public health, welfare and safety. a. Any such antenna shall conform with all provisions of Subsection 20-17.21 , except…

Zone name Limited Manufacturing
General category INDUSTRIAL
Zone area 216.15 ac
Top alternative use upside
Commercial (general) $9.5M +51.2%
Apartment house (5+ units) $7.6M +21.1%
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