Financial
Distress signals
Property profile

2 Cortlandt St Belleville, NJ 07109

OFF-MARKET
Commercial real estate
Property ID
US59-2077277
2,624 SF 0.13 ac lot Built 1965
Last sale Oct 2024 · $770,000
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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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?
$15k
Tax billed · 2022
Assessed value · 2023$399k
Assessed land$117k
Assessed improvement$282k
Effective rate3.85%

Value estimate

· Sep 2026
$770k
$693k – $847k
AI approach$770k
CAP approach$555k
Sales comparison$743k

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

Recently sold

What actually traded nearby?
$235/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$145 – $340
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.

JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.1
Parking Facility18.3
Realty agency15.6

Location

2 Cortlandt St Belleville, NJ 07109-3004
County assessor Recorded deeds · 5 transfers 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
615 Washington, Belleville, NJ 07109-3750 $800,000 Oct 2024 4,022 SF
143 Vly, Belleville, NJ 07109-3119 $1,350,000 Oct 2024 2,040 SF
40 Washington, Belleville, NJ 07109-2938 $630,000 Sep 2024 3,280 SF
18-20 Bloomfield, Belleville, NJ 07109-1099 $875,000 Jan 2024 3,654 SF
49 Frederick, Belleville, NJ 07109-1105 $370,000 Nov 2023 1,892 SF
176 Belmont, Belleville, NJ 07109-2396 $540,000 Jun 2023 2,538 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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