Financial
Distress signals
Property profile

221 Main St Chatham, NJ 07928

OFF-MARKET
Other commercial real estate
Property ID
US59-0134864
1,260 SF 0.07 ac lot Built 1970
Last sale Nov 2005 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A single-story storefront building is located at 221 Main St in Chatham, New Jersey, positioned along Main Street in the downtown area. The property is situated near multiple major roadways, including Route 24, Route 78, Route 287, the Garden State Parkway, and the New Jersey Turnpike, and it is also near an area identified for redevelopment along Main Street.

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?
$7k
Tax billed · 2022
Assessed value · 2023$396k
Assessed land$323k
Assessed improvement$73k
Effective rate1.73%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$330k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$243/SF
County average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$146 – $363
Qualifying comparables7

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-4
This district is intended to promote Business uses
General categoryCOMMERCIAL
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.4
Auto Parts Store9.3
Hair Salon9.3

Location

221 Main St Chatham, NJ 07928-2452
County assessor Recorded deeds · 2 transfers 7 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
57 Riv, Chatham, NJ 07928-1928 $750,000 Jan 2025 1,464 SF
8 Main, Chatham, NJ 07928 $1,050,000 Nov 2022 2,064 SF
384 Shunpike, Chatham, NJ 07928-1659 $725,000 Jul 2022 1,388 SF
302 Main, Chatham, NJ 07928-2413 $400,000 Feb 2022 1,138 SF
287 Main, Chatham, NJ 07928-2410 $790,000 Jun 2021 1,213 SF
360 Main, Chatham, NJ 07928-2112 $1,050,000 Aug 2020 1,448 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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