Financial
Distress signals
Property profile

2101 Park Ave South Plainfield, NJ 07080

FOR SALE
Commercial real estate
Property ID
US59-2821149
2,441 SF 0.11 ac lot Built 1915
Last sale Oct 2021 · $290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional mixed-use property, located at 2101-2105 Park Avenue in South Plainfield, New Jersey (zip code 07080), presents a compelling investment opportunity. Priced at $999,000, this stabilized asset boasts a strong 7.76% capitalization rate and a net operating income (NOI) of $77,511. The property consists of two separate buildings, each with its own basement, offering a combined total of four units. The current occupancy rate is 100%, providing immediate and consistent cash flow.

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?
$10k
Tax billed · 2022
Assessed value · 2023$151k
Assessed land$79k
Assessed improvement$72k
Effective rate6.60%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$355k
NOI build-up
Gross scheduled income$39k
Vacancy & credit loss−$5k
Operating expenses−$13k
NOI · 861.71% cap applied$21k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$224/SF
County average, outlier-cleaned · 642 recorded sales of this use type
Observed band · Q1–Q3$144 – $339
Qualifying comparables22

Cap rate analysis

How does the asset earn?
861.71%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OBC1
JurisdictionMIDDLESEX

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 agency19.4
Hair Salon13.4
Spa & Massage13.0

Location

2101 Park Ave South Plainfield, NJ 07080
County assessor Recorded deeds · 1 transfer 22 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
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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message