Financial
Distress signals
Property profile

241 Herbert Ave Closter, NJ 07624

FOR LEASE
Commercial real estate
Property ID
US59-0672781
1,894 SF 0.45 ac lot Built 1900
Last sale Aug 2021 · $500,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
241 Herbert Ave, Closter, NJ 07624 For Lease
$3,500/Mo
241 Herbert Ave, Closter, NJ 07624
View Listing

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?
$14k
Tax billed · 2022
Assessed value · 2023$687k
Assessed land$386k
Assessed improvement$301k
Effective rate2.10%

Value estimate

· Sep 2026
$600k
$540k – $660k
AI approach$585k
CAP approach$405k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 855 recorded sales of this use type
Observed band · Q1–Q3$197 – $418
Qualifying comparables20

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.

JurisdictionBERGEN

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 Firm16.6
Hotel & Motel13.3
Parking Facility13.2

Location

241 Herbert Ave Closter, NJ 07624
County assessor Recorded deeds · 1 transfer 20 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
193 Closter Dock, Closter, NJ 07624-1907 $701,000 Oct 2022 2,180 SF
302 Closter Dock, Closter, NJ 07624-2615 $700,000 Apr 2022 2,131 SF
263 Herbert, Closter, NJ 07624-1335 $500,000 Feb 2022 3,330 SF
322 Harrington, Closter, NJ 07624-1927 $500,000 Oct 2021 2,595 SF
285 Closter Dock, Closter, NJ 07624-2618 $875,000 Sep 2021 2,835 SF
460 Demarest, Closter, NJ 07624-3031 $1,300,000 Jun 2021 2,309 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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