Financial
Distress signals
Property profile

29 Center St Sparta, NJ 07871

FOR LEASE
Other commercial real estate
Property ID
US59-1329591
20,680 SF 1.75 ac lot Built 1961
Last sale Mar 2025 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Village Centre retail center at 29 Centre Street in Sparta, New Jersey is a 20,740 SF property with ongoing building renovations and modern finish components. The center is laid out as multiple retail units with flexible configurations, which can be customized and combined to accommodate different tenant space requirements, with unit sizes described as approximately 1,260 SF through 7,280 SF. The property has frontage and storefront exposure on Centre Street, and it is positioned for access

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?
$79k
Tax billed · 2022
Assessed value · 2023$2.33M
Assessed land$733k
Assessed improvement$1.59M
Effective rate3.40%

Value estimate

· Sep 2026
$1.81M
$1.62M – $1.99M
Submarket $/SF estimate$1.76M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$125 – $231
Qualifying comparables5

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?
TCC
JurisdictionSUSSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility10.9
Wholesale Shop10.1
Storage Facility9.6

Location

29 Center St Sparta, NJ 07871
County assessor Recorded deeds · 1 transfer 5 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
7 Boardwalk, Sparta, NJ 07871-1824 $1,850,000 Jun 2025 8,733 SF
8 Woodport, Sparta, NJ 07871-2430 $350,000 Feb 2025 4,300 SF
125 Sparta, Sparta, NJ 07871-1773 $875,000 Oct 2024 4,362 SF
15 Wilson, Sparta, NJ 07871-4409 $2,995,000 Apr 2024 14,560 SF
25 Theatre, Sparta, NJ 07871-2428 $2,500,000 Jan 2024 5,593 SF
74 Woodport, Sparta, NJ 07871-2422 $651,600 Aug 2023 6,124 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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