Financial
Distress signals
Property profile

217 Morris Ave Spring Lake, NJ 07762

OFF-MARKET
Commercial real estate
Property ID
US59-0506355
9,476 SF 0.12 ac lot
Last sale May 2019 · $2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$17k
Tax billed · 2022
Assessed value · 2023$2.98M
Assessed land$781k
Assessed improvement$2.20M
Effective rate0.57%

Value estimate

· Sep 2026
$1.52M
$1.36M – $1.67M
CAP approach$1.97M
Sales comparison$1.00M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$274/SF
Submarket average, outlier-cleaned · 175 recorded sales of this use type
Observed band · Q1–Q3$174 – $415
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.

JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.2
Daycare Center10.4
Pharmacy9.6

Location

217 Morris Ave Spring Lake, NJ 07762-1336
County assessor Recorded deeds · 8 transfers 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
555 Warren, Spring Lake, NJ 07762-2054 $2,300,000 Dec 2025 3,669 SF
1505 Ocean, Spring Lake, NJ 07762-1423 $5,900,000 Jul 2022 9,008 SF
517 Passaic, Spring Lake, NJ 07762-1324 $1,642,500 May 2021 4,500 SF
206 State Rte 71, Spring Lake, NJ 07762-1827 $1,500,000 Mar 2021 5,935 SF
1202 3rd, Spring Lake, NJ 07762-1331 $2,500,000 Jan 2019 7,394 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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