Financial
Distress signals
Property profile

19 E Main St Mendham, NJ 07945

FOR SALE
Commercial real estate
Property ID
US59-1829402
0.56 ac lot Built 1990
Last sale Nov 2015 · $1,180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,050 square foot medical office suite is the last available space for lease within a 5,490 square foot medical/professional building located at 19 E Main Street, Suite 3, in the heart of Mendham Borough, New Jersey. The property is situated in the historic business district, offering high visibility and convenient access for patients and staff. The suite is a single-tenant space, ideal for a variety of medical practices seeking a well-established and professional

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 · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value · 2024$999k
Assessed land$496k
Assessed improvement$502k
Effective rate2.45%

Value estimate

· Sep 2026
$375k
$338k – $413k
AI approach$375k
NOI build-up
Gross scheduled income$165k
Vacancy & credit loss−$53k
Operating expenses−$28k
NOI · 5.25% cap applied$84k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$243/SF
County average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$146 – $363

Cap rate analysis

How does the asset earn?
5.25%
$84k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant16.4
Auto Repair Shop15.6
Auto Parts Store14.8

Location

19 E Main St Mendham, NJ 07945
County assessor Recorded deeds · 1 transfer 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
61 Main, Mendham, NJ 07945-1225 $775,000 May 2024 2,328 SF
8 Cold Hl, Mendham, NJ 07945-2024 $1,450,000 Jul 2023 No data
3 Mtn, Mendham, NJ 07945-1424 $695,000 May 2023 2,230 SF
9 Main, Mendham, NJ 07945-1220 $550,000 Apr 2023 No data
23 Main, Mendham, NJ 07945-1501 $535,000 Mar 2023 No data
26-28 Main, Mendham, NJ 07945-1505 $3,155,000 Jun 2022 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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