Financial
Distress signals
Property profile

224 Johnston Ave 34 Plainfield, NJ 07062

OFF-MARKET
Commercial real estate
Property ID
US59-1739225
4,284 SF 0.51 ac lot Built 1927
Last sale Jan 2004 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$12k
Tax billed · 2022
Assessed value · 2023$147k
Assessed land$58k
Assessed improvement$89k
Effective rate8.46%

Value estimate

· Sep 2026
$420k
$378k – $462k
AI approach$355k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$213/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$114 – $390
Qualifying comparables10

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?
R-4
R-4: Moderate Density Residential Zone District. [MC 2002-29 § 17:9-8, December 2, 2002; MC 2007-04 Exh. A, June 20, 2007] A. Purpose. Th...
General categoryRESIDENTIAL
JurisdictionUNION

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 agency14.8
Law Firm10.4
Dental Office10.3

Location

224 Johnston Ave, Unit 34 Plainfield, NJ 07062-1429
County assessor Recorded deeds · 3 transfers 10 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
1327 Ss, Plainfield, NJ 07062-1943 $1,200,000 Oct 2024 4,568 SF
1299-1305 Ss, Plainfield, NJ 07062 $680,000 Oct 2023 4,190 SF
200 Netherwood, Plainfield, NJ 07062-1433 $400,000 Oct 2023 3,346 SF
947 Ss, Plainfield, NJ 07062-1832 $800,000 Nov 2022 5,455 SF
1041 Ss, Plainfield, NJ 07062-1940 $600,000 Oct 2022 3,930 SF
618 Ss, Plainfield, NJ 07062-1827 $700,000 Jul 2022 6,006 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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