Financial
Distress signals
Property profile

2 Dedrick Pl West Caldwell, NJ 07006

FOR LEASE
Other industrial properties
Property ID
US59-0688423
78,020 SF 6.88 ac lot Built 1981
Last sale Jun 2017 · $10,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of an 82,590-square-foot building on 6.87 acres, combining 29,571 square feet of office space with 48,653 square feet of refrigerated warehouse space and an additional 1,820-square-foot warehouse mezzanine. The refrigerated area is served by a refrigeration system designed to maintain temperatures between 36°F and 58°F. Warehouse features include 16 loading doors, 40' x 40' column spacing, and 27-foot ceiling height. Parking is provided for 108 cars and 18 trailer spaces.

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 · 2022

What does the county charge?
$164k
Tax billed · 2022
Assessed value · 2023$6.18M
Assessed land$2.16M
Assessed improvement$4.01M
Effective rate2.66%

Value estimate

· Sep 2026
$8.06M
$7.25M – $8.87M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$226/SF
County average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$153 – $444
Qualifying comparables3

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?
M-2
M-2 LIMITED INDUSTRY AND RESEARCH LABORATORY DISTRICT. § 20-14.1 Permitted Principal Uses. [ Ord. No. 890 § 20-14.1] a. Offices for execu...
General categoryINDUSTRIAL
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.6
Storage Facility11.7
Convenience Store11.4

Location

2 Dedrick Pl West Caldwell, NJ 07006
County assessor Recorded deeds · 3 transfers 3 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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