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Property profile & analytics
OFF-MARKET Estimated value $2,490,000
Commercial real estate

Rte 23 Riverdale, NJ 07457

13,800 SF 14.01 ac lot Built 1999
Entity Owned 26-yr Hold Free & Clear
Property ID
US59-2402575
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Total area 13,800 SF
Lot 14.01 ac (610,276 SF)
Zoning code HB
APN 33 00040-0000-00004- 01
UPID US59-2402575
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
by Request
CAP Approach CAP
$1.56M
Comparable Approach Comparable
$2.52M
Blend (final) Blend
$2.49M
Owner & transaction history
HOME DEPOT USA INC
HOME DEPOT USA INC
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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