Financial
Distress signals
Property profile

1561 Morris Ave 1571 Union, NJ 07083

OFF-MARKET
Other commercial real estate
Property ID
US59-1718732
0.59 ac lot
Last sale Aug 2025 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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 retail/office space configured with approximately 1,000 square feet of interior area. It features a front customer area with large window frontage, along with one office and one restroom. The space includes water hookups and is set up for uses such as a hair salon, nail salon, or professional office.

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?
$42k
Tax billed · 2022
Assessed value · 2023$200k
Assessed land$103k
Assessed improvement$97k
Effective rate20.92%

Value estimate

· Sep 2026
$3.10M
$2.79M – $3.41M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$232/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$179 – $318

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.

JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop11.3
Parking Facility11.2
Daycare Center10.8

Location

1561 Morris Ave, Unit 1571 Union, NJ 07083-6355
County assessor Recorded deeds · 3 transfers 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 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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