Financial
Distress signals
Property profile

109 William St Boonton, NJ 07005

FOR LEASE
Other commercial real estate
Property ID
US59-1228058
3,461 SF 0.12 ac lot Built 1930
Last sale Aug 2022 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This is a retail storefront property with a total available area of 1,328 square feet, intended to provide a street-facing presence for retail uses. The property is located at 109 William St in Boonton, New Jersey. While specific details regarding the storefront configuration, tenant occupancy, frontage, and access are not specified, the space is described as retail-focused rather than configured as an office or industrial conversion, with the defined square footage supporting retail occupancy planning.

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?
$16k
Tax billed · 2022
Assessed value · 2023$491k
Assessed land$213k
Assessed improvement$278k
Effective rate3.18%

Value estimate

· Sep 2026
$675k
$608k – $743k
AI approach$695k
CAP approach$390k
Sales comparison$795k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 947.75% cap applied$19k

Realmo valuation models over county records and 13 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 comparables13

Cap rate analysis

How does the asset earn?
947.75%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency9.7
Veterinary Clinic8.1
Daycare Center7.9

Location

109 William St Boonton, NJ 07005
County assessor Recorded deeds · 3 transfers 13 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
1000 Main, Boonton, NJ 07005-1414 $800,000 Feb 2026 3,213 SF
916 Main, Boonton, NJ 07005-1453 $520,000 Sep 2024 3,271 SF
360 Hawkins, Boonton, NJ 07005-1128 $490,000 Sep 2024 2,722 SF
125 Madison, Boonton, NJ 07005-2153 $530,000 Mar 2024 2,895 SF
1175 Main, Boonton, NJ 07005-1241 $2,500,000 Feb 2023 2,618 SF
819 Main, Boonton, NJ 07005-1449 $565,000 Oct 2022 4,572 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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