Financial
Distress signals
Property profile

1590 2nd St Scotch Plains, NJ 07076

OFF-MARKET
Other commercial real estate
Property ID
US59-0191355
0.12 ac lot
Last sale May 2000 · $225,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A contractor-owned office space totaling 2,400 square feet. The building is configured for office use and is described as having high visibility from its surroundings. It is located near local amenities, and the space can be delivered either in a leased configuration or vacant, with the ability to accommodate a leaseback arrangement.

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?
$13k
Tax billed · 2022
Assessed value · 2023$113k
Assessed land$28k
Assessed improvement$85k
Effective rate11.29%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$345k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$259/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$149 – $348

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?
B2
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.8
Bakery8.7
Shoe Repair8.7

Location

1590 2nd St Scotch Plains, NJ 07076-1626
County assessor Recorded deeds · 6 transfers Comp sales · not on file 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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