Financial
Distress signals
Property profile

8 Newton Ave Sussex, NJ 07461

FOR LEASE
Commercial real estate
View Listing
Property ID
US59-2708551
2,832 SF 0.04 ac lot
Last sale Jun 2025 · $405,000
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 exceptional three-story mixed-use building in downtown Sussex, NJ, presents a compelling investment opportunity. The property boasts approximately 3,000 square feet on a 0.04-acre lot and features a ground-floor commercial storefront currently under lease, following recent renovations. The upper two floors each house a two-bedroom apartment, also recently renovated. The second-floor unit includes a living room, kitchen, and full bathroom, while the third-floor unit offers similar

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 · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$206k
Assessed land$44k
Assessed improvement$162k
Effective rate3.42%

Value estimate

· Sep 2026
$375k
$338k – $413k
AI approach$365k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$46 – $136
Qualifying comparables17

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-1
C-1 CENTRAL BUSINESS DISTRICT. § 19-9.1 Principal Buildings and Uses Permitted. [ Ord. 9/5/78 , S9.1; Ord. 85-13 ; amended 2-4-2025 by Or...
General categoryCOMMERCIAL
JurisdictionSUSSEX

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 agency9.4
Convenience Store8.6
Parking Facility8.6

Location

8 Newton Ave Sussex, NJ 07461
County assessor Recorded deeds · 7 transfers 17 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
4 County Rd 639, Sussex, NJ 07461-3118 $530,000 Jun 2025 2,880 SF
75 Main, Sussex, NJ 07461-2308 $305,000 Aug 2024 2,809 SF
24 County Rd 639, Sussex, NJ 07461-3118 $300,000 Jun 2023 3,660 SF
100 Main, Sussex, NJ 07461-2310 $350,000 Jun 2023 2,702 SF
240 County Rd 519, Sussex, NJ 07461-2851 $80,000 Feb 2023 3,150 SF
Rt 519, Sussex, NJ 07461 $500,000 Dec 2022 1,920 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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