Financial
Distress signals
Property profile

163 Morristown Rd Bernardsville, NJ 07924

OFF-MARKET
Commercial real estate
Property ID
US59-1998951
2,824 SF 0.32 ac lot Built 1891
Last sale Aug 2013
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$15k
Tax billed · 2022
Assessed value · 2023$761k
Assessed land$411k
Assessed improvement$350k
Effective rate2.00%

Value estimate

· Sep 2026
$565k
$509k – $622k
AI approach$360k
CAP approach$730k
Submarket $/SF estimate$367k

Realmo valuation models over county records and 5 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 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?
D-G
Downtown Gateway Subdistrict (D-G). 1. Description and Intent. The Downtown Gateway subdistrict extends along Morristown Road near its in...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.6
Wholesale Shop10.1
Daycare Center9.8

Location

163 Morristown Rd Bernardsville, NJ 07924-2606
County assessor Recorded deeds · 1 transfer 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
55 Mine Brk, Bernardsville, NJ 07924-2430 $960,000 Nov 2023 3,550 SF
53 Morristown, Bernardsville, NJ 07924-2336 $675,000 Mar 2023 2,812 SF
35 Ml, Bernardsville, NJ 07924-2250 $365,000 Nov 2021 3,297 SF
25 Claremont, Bernardsville, NJ 07924-2225 $675,000 Nov 2020 2,408 SF
127 Claremont, Bernardsville, NJ 07924-1852 $450,000 Aug 2019 3,918 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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