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Property profile & analytics
OFF-MARKET Estimated value $1,025,000
Commercial real estate

Newark Pompton Tpke Riverdale, NJ 07457

6,966 SF 0.94 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-2367396
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction TYPE NOT SPECIFIED
Total area 6,966 SF
Lot 0.94 ac (40,999 SF)
Zoning code HB
APN 33 00032-0000-00004- 02
UPID US59-2367396
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
$1.23M
CAP Approach CAP
$785k
Comparable Approach Comparable
$786k
Blend (final) Blend
$1.03M
Owner & transaction history
4023 Riverdale LLC · 3 yrs held
4023 Riverdale LLC
since 2022
Last sale
$1.1M
1 recorded transaction
2022
$1.1M
Zoning & alternative use
HB · Riverdale, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

HB Highway Business: to serve a complementary function with the Community Business District in providing the services and goods for the Borough and surrounding communities. The Highway Business District is intended to provide a district serving the region, requiring larger facilities, large parking areas and served by high traffic arteries, such as Route 23.…

Zone name Highway Business District
General category COMMERCIAL
Zone area 152.46 ac
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