Property profile

2890 State Rt 23 Newfoundland, NJ 07435

OFF-MARKET
Commercial real estate
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Property ID
US59-1550595
4,820 SF 0.75 ac Built 1863
Last sale Nov 2023·$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.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$19k
Tax billed · 2022
Assessed value · 2023$663k
Assessed land$283k
Assessed improvement$380k
Effective rate2.85%

Value estimate

· Nov 2026
$1.03M
$923k – $1.13M
AI approach$1.03M
Submarket $/SF estimate$771k

Realmo valuation models over county records and 84 qualifying comparable sales.

Recently sold

What actually traded nearby?
$243/SF
County average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$146 – $363
Qualifying comparables84

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?
C-2
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.6
HVAC Service8.6
Storage Facility8.2

Location

2890 State Rt 23 Newfoundland, NJ 07435-1459
County assessor Recorded deeds · 9 transfers 84 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
38 Oak Rdg, Newfoundland, NJ 07435-1402 $1,300,000 Jan 2025 1,264 SF
49 Old Rt 23, Newfoundland, NJ 07435-1505 $120,000 Oct 2022 No data
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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