Property profile

1615 Us Hwy 22 Watchung, NJ 07069

OFF-MARKET
Commercial real estate
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Property ID
US59-1542031
5 ac
Last sale May 2014·$3,500
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$65k
Tax billed · 2022
Assessed value · 2023$3.21M
Assessed land$1.32M
Assessed improvement$1.90M
Effective rate2.03%

Value estimate

· Nov 2026
$360k
$324k – $396k
AI approach$360k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$204/SF
Submarket average, outlier-cleaned · 104 recorded sales of this use type
Observed band · Q1–Q3$116 – $327

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?
H-D
Christmas Tree Sales. The annual sale of Christmas trees is permitted in the B-A Neighborhood Commercial, the B-C Highway Commercial and ...
General categoryCOMMERCIAL
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office21.4
Wholesale Shop20.8
Realty agency20.3

Location

1615 Us Hwy 22 Watchung, NJ 07069-6505
County assessor Recorded deeds · 6 transfers Qualifying 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1375 Plainfield, Watchung, NJ 07069-5482 $3,250,000 Dec 2025 No data
1692 Us Hwy 22, Watchung, NJ 07069-6508 $425,000 Oct 2024 No data
141 Stirling, Watchung, NJ 07069-5904 $1,640,000 Mar 2024 5,461 SF
900 Somerset, Watchung, NJ 07069-6305 $550,000 Mar 2024 1,820 SF
17 Johnston, Watchung, NJ 07069-4904 $887,500 Jan 2024 4,140 SF
1565 Us Hwy 22, Watchung, NJ 07069-6507 $200,000 Sep 2023 No data
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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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