Financial
Distress signals
Property profile

11 Dundar Rd Springfield, NJ 07081

OFF-MARKET
Other commercial real estate
Property ID
US59-2021332
14,000 SF 0.56 ac lot Built 1986
Last sale Sep 2024 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This second-floor professional office suite is configured for service and administrative use and is located within an elevator-equipped, well-maintained, handicap-accessible building with on-site parking for tenants and visitors. The suite includes five rooms arranged as a reception area, a large main workspace, three private offices, a kitchenette with a sink, and a private half bath. The space has been fully renovated and can be provided either furnished or unfurnished, with an interior layout designed for day-to-day professional operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2023

What does the county charge?
$53k
Tax billed · 2023
Assessed value · 2024$2.24M
Assessed land$1.12M
Assessed improvement$1.12M
Effective rate2.38%

Value estimate

· Sep 2026
$1.80M
$1.62M – $1.98M
AI approach$1.80M
Submarket $/SF estimate$1.25M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$139 – $357
Qualifying comparables5

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.2
Nail Salon9.4
Smoke and Vape Shop9.4

Location

11 Dundar Rd Springfield, NJ 07081-3553
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

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
345 Us Hwy 22, Springfield, NJ 07081-3511 $7,100,000 Dec 2025 16,301 SF
715 Morris, Springfield, NJ 07081-1514 $9,500,000 Apr 2024 14,982 SF
111 Us Hwy 22, Springfield, NJ 07081-3105 $4,800,000 Mar 2024 17,924 SF
385 Morris, Springfield, NJ 07081-1151 $3,300,000 Feb 2024 11,800 SF
47-51 Commerce, Springfield, NJ 07081-3014 $1,400,000 Feb 2024 10,600 SF
136 Mtn, Springfield, NJ 07081 $3,500,000 Nov 2022 10,400 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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