Financial
Distress signals
Property profile

203 Main St New Milford, NJ 07646

OFF-MARKET
Other commercial real estate
Property ID
US59-2052079
871 SF 0.29 ac lot Built 1943
Last sale Dec 2020 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 4,500-square-foot, full-service restaurant space configured for food-service use. It includes seating for approximately 200 patrons, a full basement, and commercial kitchen support with included equipment such as a walk-in freezer and refrigerator, along with fixtures, tables, and chairs. Additional interior space is provided for private dining, catering, and parties, and ample storage is included to support day-to-day operations. The building is located along a busy county

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?
$26k
Tax billed · 2022
Assessed value · 2023$689k
Assessed land$321k
Assessed improvement$368k
Effective rate3.72%

Value estimate

· Sep 2026
$815k
$734k – $897k
AI approach$840k

Realmo valuation models over county records and 6 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 comparables6

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: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store12.5
Auto Parts Store11.1
Carpet & Flooring Store9.7

Location

203 Main St New Milford, NJ 07646-1733
County assessor Recorded deeds · 1 transfer 6 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
201 Main, New Milford, NJ 07646-1733 $1,200,000 Oct 2024 No data
1033 Riv, New Milford, NJ 07646-3119 $424,490 Apr 2024 No data
315 Shea, New Milford, NJ 07646-1111 $998,000 Aug 2023 1,378 SF
243 Main, New Milford, NJ 07646-1731 $405,000 Oct 2022 1,610 SF
231-233 Main, New Milford, NJ 07646-1732 $850,000 Jun 2022 569 SF
264-268 Main, New Milford, NJ 07646-1727 $990,000 Jul 2021 822 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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