Financial
Distress signals
Property profile

25 Morris Ave Springfield, NJ 07081

FOR SALE
Commercial real estate
View Listing
Property ID
US59-1273123
2,048 SF 0.2 ac lot Built 1980
Last sale Feb 2024 · $890,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$11k
Tax billed · 2022
Assessed value · 2023$512k
Assessed land$205k
Assessed improvement$307k
Effective rate2.22%

Value estimate

· Sep 2026
$890k
$801k – $979k
AI approach$890k
Sales comparison$632k
NOI build-up
Gross scheduled income$156k
Vacancy & credit loss−$50k
Operating expenses−$27k
NOI · 6.63% cap applied$80k

Realmo valuation models over county records and 23 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 comparables23

Cap rate analysis

How does the asset earn?
6.63%
$80k estimated NOI · market benchmarks for this use type

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

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: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store11.4
Hotel & Motel9.9
HVAC Service9.9

Location

25 Morris Ave Springfield, NJ 07081
County assessor Recorded deeds · 3 transfers 23 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
302 Morris, Springfield, NJ 07081-1205 $450,000 May 2025 3,414 SF
152 Mtn, Springfield, NJ 07081-1705 $2,790,000 Dec 2024 1,596 SF
352 Morris, Springfield, NJ 07081 $925,000 Apr 2024 2,592 SF
631 Morris, Springfield, NJ 07081-1513 $340,000 Nov 2023 1,084 SF
272 Morris, Springfield, NJ 07081-1214 $900,000 Aug 2023 2,506 SF
649 Morris, Springfield, NJ 07081-1526 $1,075,000 Jun 2023 3,715 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?”
More about this property
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