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Financial
Distress signals
Property profile

19 Morris Ct Summit, NJ 07901

OFF-MARKET
Commercial real estate
Property ID
US59-2082846
2,220 SF 0.17 ac lot
Last sale Feb 2008 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 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.

Debts

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?
$9k
Tax billed · 2022
Assessed value · 2023$203k
Assessed land$100k
Assessed improvement$102k
Effective rate4.28%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records and 30 qualifying comparable sales.

Recently sold

What actually traded nearby?
$383/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$313 – $463
Qualifying comparables30

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?
R5
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.1
Smoke and Vape Shop8.7
Veterinary Clinic8.5

Location

19 Morris Ct Summit, NJ 07901-3810
County assessor Recorded deeds · 2 transfers 30 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
9 Tulip, Summit, NJ 07901-2404 $2,500,000 Jun 2025 1,596 SF
56 Park, Summit, NJ 07901-5924 $650,000 Feb 2024 1,731 SF
5 Tulip, Summit, NJ 07901-2404 $800,000 Jan 2024 2,596 SF
8 Kent Pl, Summit, NJ 07901-1907 $790,000 Dec 2023 1,862 SF
198 Broad, Summit, NJ 07901-3977 $990,000 Oct 2023 2,856 SF
35 Deforest, Summit, NJ 07901-2155 $1,050,000 Jul 2023 2,356 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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