Financial
Distress signals
Property profile

160 Sherman Ave Berkeley Heights, NJ 07922

FOR LEASE
Other commercial real estate
Property ID
US59-1852358
0.11 ac lot Built 1950
Last sale Nov 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 160 Sherman Ave, Berkeley Heights, is a commercial space configured to support multiple business types, including professional, retail, service, and creative uses, with indoor features that include a kitchenette and outdoor space that expands usable area beyond the primary interior footprint. It is positioned for customer-facing activity with visibility from the street and convenient vehicular access, and it includes ample on-site parking for customers and visitors. The

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?
$8k
Tax billed · 2022
Assessed value · 2023$192k
Assessed land$150k
Assessed improvement$42k
Effective rate4.20%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$248/SF
County average, outlier-cleaned · 826 recorded sales of this use type
Observed band · Q1–Q3$153 – $369

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?
DD
The purpose of this zone is to foster a vibrant downtown area by permitting a mix of uses. It allows for a variety of retail sales, perso...
General categoryMIXED_USE
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.3
Parking Facility9.6
Auto Parts Store9.6

Location

160 Sherman Ave Berkeley Heights, NJ 07922
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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
447 Springfield, Berkeley Heights, NJ 07922 $2,275,000 Dec 2025 No data
230 Sherman, Berkeley Heights, NJ 07922-1171 $1,125,000 Nov 2023 No data
144 Smt, Berkeley Heights, NJ 07922-1148 $575,000 Sep 2023 1,497 SF
134 Snyder, Berkeley Heights, NJ 07922-1101 $485,000 Apr 2023 1,764 SF
221 Sherman, Berkeley Heights, NJ 07922-1173 $2,050,000 Jan 2023 No data
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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