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Property profile & analytics
OFF-MARKET Estimated value $1,455,000
Commercial real estate

817 Passaic Ave West Caldwell, NJ 07006-6413

5,130 SF 2.07 ac lot Built 1959
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-0155291
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1959
Construction CONCRETE BLOCKS
Total area 5,130 SF
Lot 2.07 ac (90,030 SF)
Zoning code M-1
APN 21 01300-0000-00001
UPID US59-0155291
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
Current use
Occupant on record · Public records
  • Frank's Auto Body Auto Repair Shop
  • wemetbyaccident.com Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.76M
CAP Approach CAP
$1.09M
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.46M
Owner & transaction history
Ciro Mongillo · 3 yrs held
Ciro Mongillo
since 2022
Last sale
$1.5M
2 recorded transactions
2022
$1.5M
2005
$1.2M
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
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