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Financial
Distress signals
Property profile

3880 Park Ave Edison, NJ 08820

FOR LEASE
Other industrial properties
Property ID
US59-1955056
4.38 ac lot
Last sale Mar 2022 · $9,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 60,000-square-foot warehouse situated on 4.384 acres. It features open-plan interior space with concrete flooring and unfinished interiors, with ceiling heights of approximately 13 feet. The building is constructed of brick, has a flat roof, and includes a loading dock for loading and receiving activities. Site amenities include a parking lot, and utilities are provided via public water and public sewer. The property is in the RI zoning district and is configured to support multiple possible space sizes within the overall building footprint.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$108k
Tax billed · 2022
Assessed value · 2023$2.75M
Assessed land$521k
Assessed improvement$2.23M
Effective rate3.94%

Value estimate

· Oct 2026
$10.03M
$9.02M – $11.03M
AI approach$9.97M
NOI build-up
Gross scheduled income$936k
Vacancy & credit loss−$47k
Operating expenses−$133k
NOI · 8,127.10% cap applied$756k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$223/SF
County average, outlier-cleaned · 115 recorded sales of this use type
Observed band · Q1–Q3$121 – $455

Cap rate analysis

How does the asset earn?
8,127.10%
$756k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RI
JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.1
Law Firm14.0
Restaurant12.2

Location

3880 Park Ave Edison, NJ 08820
County assessor Recorded deeds · 1 transfer 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

3 recorded sales · 17 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
29 Meridian Rd, Edison, NJ 08820-2823 $3,250,000 Jul 2025 No data
3920 Park, Edison, NJ 08820-3002 $11,000,000 Jul 2021 No data
8 Progress, Edison, NJ 08820-1103 $7,400,000 Aug 2019 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?”
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