Financial
Distress signals
Property profile

616 Main St Boonton, NJ 07005

OFF-MARKET
Commercial real estate
Property ID
US59-0226388
2,136 SF 0.03 ac lot Built 1920
Last sale Oct 2022 · $365,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$269k
Assessed land$106k
Assessed improvement$163k
Effective rate3.18%

Value estimate

· Sep 2026
$410k
$369k – $451k
AI approach$400k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$195/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$150 – $288
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
Within the B-1, B-2, B-3, B-4, C-1 and C-2 Districts, every building hereafter constructed, erected or placed for a use as permitted by t...
General categoryMIXED_USE
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.4
Building Supply16.9
Wholesale Shop14.8

Location

616 Main St Boonton, NJ 07005-1718
County assessor Recorded deeds · 2 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
360 Hawkins, Boonton, NJ 07005-1128 $490,000 Sep 2024 2,722 SF
905 Main, Boonton, NJ 07005 $650,000 Aug 2024 1,656 SF
125 Madison, Boonton, NJ 07005-2153 $530,000 Mar 2024 2,895 SF
118 Madison, Boonton, NJ 07005-2154 $750,000 Feb 2024 2,538 SF
117 Main, Boonton, NJ 07005-1145 $240,000 Apr 2023 1,624 SF
1175 Main, Boonton, NJ 07005-1241 $2,500,000 Feb 2023 2,618 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 616 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message