Realmo Analytics

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Lead list sample
Financial
Distress signals
Property profile

475 Springfield Ave Summit, NJ 07901

FOR LEASE
Office buildings
Property ID
US59-1589652
22,410 SF 0.17 ac lot Built 1978
Last sale Jan 2023 · $6,273,145
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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.

Debts

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?
$76k
Tax billed · 2022
Assessed value · 2023$1.70M
Assessed land$236k
Assessed improvement$1.46M
Effective rate4.47%

Value estimate

· Oct 2026
$6.28M
$5.65M – $6.90M
AI approach$6.27M
CAP approach$5.63M
Submarket $/SF estimate$4.10M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$149 – $293
Qualifying comparables4

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?
CRBD
CRBD, complement and protect the adjacent residential neighborhoods, provide housing, including affordable housing, in proximity to publi...
General categoryMIXED_USE
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.7
Convenience Store9.3
Pet Grooming Service8.4

Location

475 Springfield Ave Summit, NJ 07901
County assessor Recorded deeds · 5 transfers 4 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

4 recorded sales · 17 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
137 Smt, Summit, NJ 07901-2800 $2,000,000 Sep 2024 6,600 SF
803 Springfield, Summit, NJ 07901-5110 $2,383,055 May 2024 4,220 SF
573 Springfield, Summit, NJ 07901-4503 $1,400,000 Jul 2023 No data
7 Cedar, Summit, NJ 07901-2574 $1,550,000 May 2019 6,858 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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