Financial
Distress signals
Property profile

109 Locust Ave Wallington, NJ 07057

OFF-MARKET
Other commercial real estate
Property ID
US59-1266987
0.08 ac lot
Last sale Dec 2023
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A turn-key restaurant/cafe space located in Wallington, NJ, totaling approximately 900 square feet. The layout includes a kitchen with a 10-foot hood, updated 200-amp electrical service, and central air and heat. Seating capacity is approximately 25–30 seats, along with two half bathrooms. The property has a full-use basement designed to support prep and storage needs, and includes private on-site parking for up to 5 cars.

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?
$11k
Tax billed · 2022
Assessed value · 2023$356k
Assessed land$175k
Assessed improvement$182k
Effective rate3.20%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$325k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 855 recorded sales of this use type
Observed band · Q1–Q3$197 – $418

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.

JurisdictionBERGEN

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 agency22.3
Nursing Home9.6
Veterinary Clinic9.5

Location

109 Locust Ave Wallington, NJ 07057-1411
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
210 Main Ave, Wallington, NJ 07057-1523 $350,000 Jul 2025 No data
14 Locust, Wallington, NJ 07057-1305 $525,000 Mar 2025 No data
32 Locust, Wallington, NJ 07057-1305 $899,000 Mar 2025 No data
62 Wallington, Wallington, NJ 07057-1191 $765,000 Aug 2024 No data
207 Paterson, Wallington, NJ 07057-1309 $900,000 Jun 2024 No data
59 Locust, Wallington, NJ 07057-1321 $720,000 Jun 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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