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Financial
Distress signals
Property profile

131 Morristown Rd Basking Ridge, NJ 07920

OFF-MARKET
Other commercial real estate
Property ID
US59-0408265
211,662 SF 33.83 ac lot Built 1984
Last sale Mar 2023 · $9,432,562
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two interconnected, two-story buildings totaling approximately 106,000 square feet. The construction features precast concrete with solar glass facade elements. A cafeteria is included within the facility. The buildings are located just south of a four-way interchange on Route 287.

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?
$489k
Tax billed · 2022
Assessed value · 2023$19.98M
Assessed land$7.58M
Assessed improvement$12.40M
Effective rate2.45%

Value estimate

· Oct 2026
$26.48M
$23.83M – $29.13M
Submarket $/SF estimate$34.05M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$256/SF
County average, outlier-cleaned · 255 recorded sales of this use type
Observed band · Q1–Q3$161 – $386
Qualifying comparables3

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?
E5
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 Supply12.6
Auto Parts Store11.1
Hair Salon11.0

Location

131 Morristown Rd Basking Ridge, NJ 07920-1654
County assessor Recorded deeds · 1 transfer 3 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
59 Finley, Basking Ridge, NJ 07920-1448 $1,611,100 Jan 2026 7,800 SF
44 Finley, Basking Ridge, NJ 07920-1400 $5,000,000 Oct 2025 11,403 SF
52 Finley, Basking Ridge, NJ 07920-1444 $5,000,000 Jul 2025 7,630 SF
73 Mountainview, Basking Ridge, NJ 07920-3849 $51,750,000 Dec 2022 126,360 SF
170 Mt Airy, Basking Ridge, NJ 07920-2022 $4,600,000 Jun 2022 34,501 SF
219 Mt Airy, Basking Ridge, NJ 07920-2337 $5,500,000 Aug 2021 21,500 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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