Financial
Distress signals
Property profile

720 Speedwell Ave 726 Morris Plains, NJ 07950

OFF-MARKET
Other commercial real estate
Property ID
US59-1362166
3,552 SF 0.16 ac lot Built 1920
Last sale Sep 2023 · $1,500,000
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.
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Property summary

AI-generated overview

Retail property located at 720 Speedwell Ave in Morris Plains, New Jersey, situated in the Central Business District. The site features a level commercial setting with a shared driveway, and the building has a carpeted interior and an asphalt shingle exterior. Constructed in 1900, the property includes a longstanding commercial structure and occupies approximately 0.161 acres. The property is positioned across from the train station and within walking distance of downtown, and it is subject to permitted-use requirements as determined by the Town of Morris Plains.

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?
$14k
Tax billed · 2022
Assessed value · 2023$500k
Assessed land$302k
Assessed improvement$198k
Effective rate2.89%

Value estimate

· Sep 2026
$1.73M
$1.55M – $1.90M
AI approach$1.72M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$243/SF
County average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$146 – $363
Qualifying comparables9

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-1
Wall signs in the B-1, B-2, B-4 and B-5 Zones. A business establishment shall be permitted wall signs on each building wall of the establ...
General categoryCOMMERCIAL
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.0
Dental Office9.8
Bakery9.7

Location

720 Speedwell Ave, Unit 726 Morris Plains, NJ 07950-2231
County assessor Recorded deeds · 2 transfers 9 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
364 Speedwell, Morris Plains, NJ 07950-2124 $515,000 Jan 2023 2,837 SF
440 Speedwell, Morris Plains, NJ 07950-2146 $600,000 Aug 2022 2,824 SF
295 Speedwell, Morris Plains, NJ 07950-2135 $657,020 May 2022 3,976 SF
340 Speedwell, Morris Plains, NJ 07950-2124 $550,000 Oct 2021 4,188 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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