Financial
Distress signals
Property profile

156 Route 45 Mannington, NJ 08079

FOR LEASE
Commercial real estate
Property ID
US59-2137841
1,341 SF 0.31 ac lot Built 1980
Last sale May 2023 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial property at 156 Route 45 in Salem, New Jersey, presents a unique opportunity for businesses seeking high-traffic exposure. Located on a bustling highway, this office space offers excellent visibility for attracting clients and employees. Its proximity to a major hospital makes it particularly attractive to medical and healthcare-related businesses, providing convenient access to medical facilities. Public transportation is also readily available, enhancing accessibility for

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?
$5k
Tax billed · 2022
Assessed value · 2023$136k
Assessed land$44k
Assessed improvement$92k
Effective rate3.47%

Value estimate

· Sep 2026
$105k
$95k – $116k
AI approach$135k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$85/SF
County average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$51 – $138
Qualifying comparables14

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?
GC
JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.9
Plumbing Service8.7
Bakery8.4

Location

156 Route 45 Mannington, NJ 08079
County assessor Recorded deeds · 1 transfer 14 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
986 Main, Salem, NJ 08079-9439 $168,000 Jul 2024 2,196 SF
113 Broadway, Salem, NJ 08079-1357 $220,000 Apr 2024 1,500 SF
75 Rte 45, Salem, NJ 08079-2022 $110,000 Jan 2024 1,680 SF
94 Quinton Marlboro, Salem, NJ 08079-3131 $225,000 Sep 2023 1,648 SF
134-136 Broadway, Salem, NJ 08079-1322 $130,000 May 2023 3,630 SF
578 Salem Quinton, Salem, NJ 08079-1212 $90,000 May 2023 1,258 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?”
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