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    223 Park Ave Scotch Plains, NJ 07076
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    Property profile & analytics

    223 Park Ave, Scotch Plains, NJ 07076

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    • Commercial real estate
    • 2,866 SF
    • 0.23 lot acres
    Scotch Plains Office Space Available For Lease
    $600,000
    1,800 SF

    Scotch Plains Office Space Available

    Office unit for lease in Scotch Plains, New Jersey.

    223 Park Ave, Scotch Plains, NJ
    View Listing
    Property ID
    US59-1597819
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $600,000
    Cap Rate Potential
    6.1%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • CENTURY 21 Louis Pompilio , Inc. / Real Estate Agency
    • Urban Smiles Dental P.A / Dental Office

    Property Details for 223 Park Ave

    Year built
    1958
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Zone code
    B-2
    Property type
    Commercial real estate
    APN
    16 01802-0000-00012
    APU
    1601802000000012

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 14, 2021 $490,000 Medzone LLC Louis Pompilio INC Deed $392k · Pnc Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $625,000
      ML approach
      $580,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $630,000
      6.5%
      $580,000
      7%
      $540,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $612,000
      Market price range: $428k - $998k
      AI Estimate
      $397,000
      Market price range: $245k - $698k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Scotch Plains
    County
    Union
    State
    New Jersey
    Longitude
    -74.402
    Latitude
    40.6538
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,487
    $59,400
    $76,200
    $135,600
    -
    $59,400
    $76,200
    $135,600
    View Listing
    More about this property
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