Financial
Distress signals
Property profile

118 Lincoln Ave Dover, NJ 07801

FOR SALE
Other commercial real estate
Property ID
US59-2154847
2,028 SF 0.11 ac lot Built 1900
Last sale Sep 2014 · $155,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a standalone brick commercial building totaling approximately 1,500 square feet on a 0.12-acre lot, currently zoned for HVAC with sheet metal fabrication. It is configured for ground-level loading with a loading door, features high ceilings, and includes a small office and a half bathroom. The site offers paved off-street parking for six vehicles within a paved driveway, with additional street parking available, and includes a fenced area suitable for a dumpster. Utilities are

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$5k
Tax billed · 2022
Assessed value · 2023$177k
Assessed land$91k
Assessed improvement$86k
Effective rate2.96%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 4.22% cap applied$17k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$157/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$104 – $228
Qualifying comparables5

Cap rate analysis

How does the asset earn?
4.22%
$17k 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?
R-3
The purpose of this zone is to provide areas for single-family dwellings.
General categoryRESIDENTIAL
JurisdictionMORRIS

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 agency10.2
Locksmith9.3
Smoke and Vape Shop9.0

Location

118 Lincoln Ave Dover, NJ 07801
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales 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
33 Morris, Dover, NJ 07801-3909 $370,000 Dec 2025 1,232 SF
30 Blackwell, Dover, NJ 07801-3807 $675,000 Apr 2025 5,130 SF
233 Mcfarlan, Dover, NJ 07801-3603 $290,000 Apr 2025 1,350 SF
134 Blackwell, Dover, NJ 07801-4102 $550,000 Oct 2024 3,956 SF
49 Morris, Dover, NJ 07801-3909 $525,000 Apr 2024 1,296 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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