Financial
Distress signals
Property profile

15 Mt Kemble Ave Morristown, NJ 07960

OFF-MARKET
Office buildings
Property ID
US59-0632384
4,141 SF 0.21 ac lot Built 1916
Last sale Apr 2010 · $999,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A office building, located in Morristown's Town Center Historic District, offers 5,120 square feet of versatile space ideal for a variety of businesses. Built in 1994 and renovated in 2016, the three-story building sits on a 9,147.6 square foot lot and features thirteen plus parking spaces. The single-tenant space is zoned B and offers a blend of executive, creative, and traditional office layouts, making it suitable for law firms or other professional practices. The

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?
$17k
Tax billed · 2022
Assessed value$569k
Assessed land$448k
Assessed improvement$121k
Effective rate2.99%

Value estimate

· Sep 2026
$425k
$383k – $468k
AI approach$425k
Sales comparison$702k

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

Recently sold

What actually traded nearby?
$209/SF
County average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$170 – $267
Qualifying comparables5

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?
B
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.3
Discount Store8.3
Garden Center9.2

Location

15 Mt Kemble Ave Morristown, NJ 07960-8610
County assessor Recorded deeds · 2 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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