Financial
Distress signals
Property profile

199 Grandview Rd Skillman, NJ 08558

OFF-MARKET
Other commercial real estate
Property ID
US59-1736856
159.96 ac lot
Last sale Feb 2026 · $23,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a multi-building campus located at 199 Grandview Rd in Skillman, New Jersey, covering approximately 256.89 acres. It includes three buildings configured to support office, manufacturing, and child development uses. The site features extensive paved parking infrastructure with more than 1,700 spaces. On-site power generation includes a 505-kilowatt ground-mounted solar field covering approximately 3 acres. An on-site wastewater treatment facility is also present with

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 · 2023

What does the county charge?
$1.41M
Tax billed · 2023
Assessed value · 2024$41.27M
Assessed land$4.37M
Assessed improvement$36.89M
Effective rate3.42%

Value estimate

· Sep 2026
$23.50M
$21.15M – $25.85M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$256/SF
County average, outlier-cleaned · 255 recorded sales of this use type
Observed band · Q1–Q3$161 – $386

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?
LM
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.4
Electrical Service9.2
Restaurant8.8

Location

199 Grandview Rd Skillman, NJ 08558-1311
County assessor Recorded deeds · 4 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
23 Orch, Skillman, NJ 08558-2644 $6,000,000 Mar 2024 No data
1693 Rt 601st, Skillman, NJ 08558-2404 $320,000 Feb 2024 No data
862 Rte 518, Skillman, NJ 08558-2614 $2,300,000 Oct 2023 No data
240 Rolling Hl, Skillman, NJ 08558-2323 $1,500,000 May 2023 2,083 SF
1143 Rte 601, Skillman, NJ 08558-2111 $4,145,000 Jun 2022 No data
378 Rte 518th, Skillman, NJ 08558-2256 $4,145,000 Jun 2022 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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