Entity Owned Property summary
This exceptional mixed-use investment opportunity in Basking Ridge, New Jersey, presents two buildings totaling 15 units: seven commercial and eight residential. Situated on 0.65 acres, the property boasts a 100% occupancy rate and a strong NOI of $335,406, yielding a 6.58% cap rate. The three-story building at 23 S Finley Ave features three ground-floor commercial units and four upper-floor, one-bedroom/one-bathroom residential units. The adjacent two-story building at 47 S Finley Ave… includes four ground-floor commercial units and four upper-floor residential units (three one-bedroom/one-bathroom and one two-bedroom/one-bathroom). Six of the seven commercial tenants have built-in rent increases, providing inflation protection and revenue growth. The residential units are spacious, individually metered for utilities, and benefit from a prime location near shopping, schools, and parks. This transit-oriented property is conveniently located 0.5 miles from the Basking Ridge Train Station, offering easy access to Manhattan's Penn Station, and within close proximity to major roadways, including Interstates 287 and 87, and US Route 202. The property's strategic location in the heart of Basking Ridge places it near numerous national retailers (ShopRite, CVS, Walgreens, Chipotle, Starbucks) and benefits from a strong demographic profile, with over 23,300 people within a 3-mile radius and an average household income exceeding $342,955. The asking price is $5,100,000, offering a compelling return on investment. The property is offered fee simple with a gross lease structure.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 53 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,074 SF
- Lot area
- 0.14 ac
- Stories
- 2
- APN
- 02 01801-0000-00005
- Zoning
- B1
- Assessed value · 2023
- $1,217,800
- Annual tax · 2022
- $24,490
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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