Property profile

Morris Ave Springfield, NJ 07081

OFF-MARKET
Commercial real estate
Property ID
US59-2355079
13,148 SF 5 ac lot Built 1968
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Construction BRICK
Total area 13,148 SF
Lot 5 ac (217,800 SF)
APN 17 00803-0000-00005
UPID US59-2355079

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Morris Ave Springfield, NJ 07081
Springfield metro Census 37500 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
by Request
CAP Approach CAP
$2.67M
Comparable Approach Comparable
$2.31M
Blend (final) Blend
$2.59M

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

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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