Property profile

97-99 Newark Way 99 Maplewood, NJ 07040

OFF-MARKET
Industrial properties
Property ID
US59-1762684
10,200 SF 0.23 ac lot
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 10,200 SF
Lot 0.23 ac (9,940 SF)
Zoning code CI
APN 11 00048- 47-00043
UPID US59-1762684

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
  • (Bike/Boat/Book/etc) Store

Location

97-99 Newark Way, Unit 99 Maplewood, NJ 07040-3309
Maplewood metro Census 19700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$593k
Blend (final) Blend
$655k

Owner & transaction history

since 2017
Last sale
$30,000
2 recorded transactions
2017
$520,000
2015
$385,000

Zoning & alternative use

CI · Maplewood, NJ
Zoning description

Commercial and Industrial CI District. (1) Permitted principal uses. (a) Office buildings, excluding medical professionals. (b) Wholesale business, warehousing, assembly, industrial and light manufacturing, industrial re…

General category INDUSTRIAL

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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