Financial
Distress signals
Property profile

1981 Springfield Ave 87 Maplewood, NJ 07040

OFF-MARKET
Commercial real estate
Property ID
US59-2103384
2,300 SF 0.25 ac lot Built 1970
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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 · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2024$575k
Assessed land$300k
Assessed improvement$275k
Effective rate3.59%

Value estimate

· Sep 2026
$460k
$414k – $506k
AI approach$460k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$180 – $443
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?
PRB
Pedestrian Retail Business (PRB Zone). (1) Permitted principal uses. (a) Retail businesses, not including pawnshops, and check cashing es...
General categoryCOMMERCIAL
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility8.8
Hotel & Motel8.7
Optical Shop8.5

Location

1981 Springfield Ave, Unit 87 Maplewood, NJ 07040-3435
County assessor Recorded deeds · not on file 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
142 Maplewood, Maplewood, NJ 07040-1234 $2,490,000 Dec 2025 2,060 SF
11 Inwood, Maplewood, NJ 07040-2528 $860,000 May 2024 2,147 SF
10 45th, Maplewood, NJ 07040-3016 $350,000 Oct 2023 2,904 SF
1647 Springfield, Maplewood, NJ 07040-2922 $825,000 Jul 2023 2,665 SF
145 Un, Maplewood, NJ 07040-1437 $776,000 Apr 2023 2,246 SF
1718 Springfield, Maplewood, NJ 07040-2915 $515,000 Aug 2022 2,405 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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