Financial
Distress signals
Property profile

51 Main St Succasunna, NJ 07876

OFF-MARKET
Other commercial real estate
Property ID
US59-1539766
2,488 SF 0.37 ac lot Built 1950
Last sale Mar 2024 · $477,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 51 Main St in Succasunna consists of a 2,800 sq. ft. office building constructed in 1950, featuring pumpkin pine wood flooring throughout. It is situated on a corner lot measuring 108 by 150 feet and includes parking. The site is designated within the Central Business District and is zoned B-1A Limited Business District. The building’s existing configuration and zoning conditions would need to be reviewed in relation to any intended use, including any potential residential

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?
$13k
Tax billed · 2022
Assessed value · 2023$479k
Assessed land$186k
Assessed improvement$293k
Effective rate2.68%

Value estimate

· Sep 2026
$480k
$432k – $528k
AI approach$480k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$220/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$206 – $270
Qualifying comparables8

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?
B-1A
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.6
Watch Repair Shop8.6
Auto Parts Store8.5

Location

51 Main St Succasunna, NJ 07876-1730
County assessor Recorded deeds · 7 transfers 8 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
278 State Rte 10th W, Succasunna, NJ 07876 $1,100,000 Jan 2023 3,200 SF
21-23 Rte 10, Succasunna, NJ 07876 $800,000 Mar 2021 2,388 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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