Financial
Distress signals
Property profile

223 Raritan Ave Highland Park, NJ 08904

FOR SALE
Commercial real estate
Property ID
US59-3109993
0.11 ac lot
Last sale Aug 2021 · $2,338
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property at 223 Raritan Avenue in Highland Park, New Jersey, presents a unique investment opportunity. Situated in the heart of the Central Business District (CBD), zoned for commercial use, this free-standing building offers 1,268 square feet of retail space across two stories. The ground floor boasts a flexible layout, ideal for a restaurant or similar business, with four distinct areas measuring approximately 20x28 feet, 16x15 feet, 14x18 feet, and 18x12 feet,

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?
$13k
Tax billed · 2022
Assessed value$549k
Assessed land$200k
Assessed improvement$349k
Effective rate2.40%

Value estimate

· Sep 2026
$65k
$59k – $72k
AI approach$65k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$280/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$209 – $408

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.5
Computer & Electronic Repair9.7
Assisted Living Facility9.0

Location

223 Raritan Ave Highland Park, NJ 08904
County assessor Recorded deeds · 5 transfers Comp sales · not on file Zoning catalog · not on file

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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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
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