Financial
Distress signals
Property profile

1050 State Rt 23 Sussex, NJ 07461

OFF-MARKET
Other commercial real estate
Property ID
US59-1839055
3.24 ac lot
Last sale Sep 2021 · $60,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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 renovated mixed-use building located in Wantage Township, New Jersey, set on a 3.24-acre lot. It contains an approximately 5,000-square-foot structure configured as three separate rental units, including two updated residential apartments and dedicated commercial space that can function as an office and a larger event/banquet hall area. The layout provides flexibility that may support uses such as restaurant or catering, subject to applicable regulations. The property is zoned for commercial use.

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?
$6k
Tax billed · 2022
Assessed value · 2023$196k
Assessed land$135k
Assessed improvement$61k
Effective rate2.88%

Value estimate

· Sep 2026
$50k
$45k – $55k
AI approach$55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$46 – $136

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?
HWCO
JurisdictionSUSSEX

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 Shop8.7
Breakfast7.2
Restaurant6.9

Location

1050 State Rt 23 Sussex, NJ 07461-3345
County assessor Recorded deeds · 7 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
4 County Rd 639, Sussex, NJ 07461-3118 $530,000 Jun 2025 2,880 SF
8 Newton Ave, Sussex, NJ 07461-2312 $405,000 Jun 2025 No data
7 Babtown, Sussex, NJ 07461-4470 $742,000 Apr 2025 4,704 SF
154 State Rt 23, Sussex, NJ 07461-2602 $360,000 Dec 2024 1,880 SF
1160 State Rt 23, Sussex, NJ 07461-3730 $600,000 Oct 2024 No data
Rte 23, Sussex, NJ 07461 $600,000 Oct 2024 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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