Financial
Distress signals
Property profile

1062 Us Hwy 22 Somerville, NJ 08876

OFF-MARKET
Commercial real estate
Property ID
US59-1849514
1,260 SF 0.49 ac lot
Last sale May 2025 · $2,556,250
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$28k
Tax billed · 2022
Assessed value · 2023$745k
Assessed land$597k
Assessed improvement$149k
Effective rate3.76%

Value estimate

· Sep 2026
$650k
$585k – $715k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$181/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$144 – $233
Qualifying comparables21

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 Supply22.1
Wholesale Shop20.6
Hair Salon19.3

Location

1062 Us Hwy 22 Somerville, NJ 08876-1759
County assessor Recorded deeds · 4 transfers 21 qualifying comp sales Zoning catalog · not on file

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
177 High, Somerville, NJ 08876-1817 $535,000 Feb 2026 2,844 SF
355 Gaston, Somerville, NJ 08876-1740 $2,147,250 May 2025 13,928 SF
72 Grv, Somerville, NJ 08876-1916 $520,000 Apr 2025 2,100 SF
69 End, Somerville, NJ 08876-1855 $595,000 Feb 2025 3,848 SF
3631 Us Hwy 22, Somerville, NJ 08876-3439 $475,000 Jan 2025 3,421 SF
3592 Us Hwy 22, Somerville, NJ 08876-3438 $1,187,363 Jul 2024 2,232 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1062 Us Hwy 22?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message