Financial
Distress signals
Property profile

2 Park Dr Newton, NJ 07860

OFF-MARKET
Industrial properties
Property ID
US59-1903616
51,292 SF 4.11 ac lot
Last sale Nov 1997 · $170,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 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?
$88k
Tax billed · 2022
Assessed value · 2023$1.94M
Assessed land$586k
Assessed improvement$1.36M
Effective rate4.51%

Value estimate

· Sep 2026
$1.62M
$1.46M – $1.78M
Submarket $/SF estimate$1.66M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$95/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$28 – $147

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?
SD-3
Special District 3: Retail/Manufacturing District - SD-3 covers the area along US Route 206 at its intersection with North and South Park...
General categoryINDUSTRIAL
JurisdictionSUSSEX

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 agency13.5
Storage Facility11.2
Convenience Store9.5

Location

2 Park Dr Newton, NJ 07860-1449
County assessor Recorded deeds · 4 transfers 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

4 recorded sales · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
80 Merriam, Newton, NJ 07860-2420 $1,350,000 Mar 2025 10,850 SF
9 Hicks, Newton, NJ 07860-2605 $3,750,000 Feb 2025 56,500 SF
119 Fredon Springdale, Newton, NJ 07860-5218 $1,250,000 Aug 2024 No data
112 Phil Hardin, Newton, NJ 07860-5223 $600,000 Dec 2021 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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