Financial
Distress signals
Property profile

20 1st Ave Denville, NJ 07834

OFF-MARKET
Commercial real estate
Property ID
US59-1036304
13,311 SF 0.62 ac lot Built 1950
Last sale Feb 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail property, located at 20 1st Ave in Denville, New Jersey, offers a fantastic opportunity for a discerning business. The building boasts a total of 13,000 square feet, with 3,000 square feet currently available for lease. This single-tenant space is ideal for a variety of retail uses, providing ample room for expansion and growth. The property is situated in Morris County, within easy reach of major transportation routes, ensuring high visibility and accessibility for

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?
$40k
Tax billed · 2023
Assessed value$1.45M
Assessed land$432k
Assessed improvement$1.01M
Effective rate2.80%

Value estimate

· Sep 2026
$1.35M
$1.22M – $1.49M
CAP approach$1.51M
Sales comparison$1.25M

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

Recently sold

What actually traded nearby?
$242/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$159 – $339
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?
B-1
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel8.1
Auto Parts Store10.0
Barber Shop9.0

Location

20 1st Ave Denville, NJ 07834-2863
County assessor Recorded deeds · 4 transfers 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 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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