$2,900/Mo

230 Sherman Ave, Glen Ridge, NJ 07028
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The property consists of an approximately 1,200 sq ft first-floor commercial space within a professional building, located adjacent to Mountainside Hospital. The suite includes a private entrance and is laid out to support medical, professional, or service-oriented business use. The building offers common parking for approximately 48 vehicles, with reserved parking available, and the space is configured for tenant buildout. Tenant responsibilities include heat, hot water, electricity, and air conditioning.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?

$77k

Tax billed · 2022

Assessed value · 2023$2.34M

Assessed land$1.05M

Assessed improvement$1.29M

Effective rate3.29%

Value estimate

· Nov 2026

$2.32M

$2.09M – $2.55M

CAP approach$1.94M

Submarket $/SF estimate$2.27M

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?

$295/SF

County average, outlier-cleaned · 734 recorded sales of this use type

Observed band · Q1–Q3$160 – $468

Qualifying comparables17

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?

JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?

Best fit: Storage Facility

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Storage Facility10.1

Watch Repair Shop9.0

Shoe Repair8.8

230 Sherman Ave Glen Ridge, NJ 07028

County assessor Recorded deeds · 1 transfer 17 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

2 recorded sales · 6 properties nearby

Address Sale price Sold Size

200 Highland, Glen Ridge, NJ 07028-1528 $2,900,000 Nov 2022 12,606 SF

311 Bay, Glen Ridge, NJ 07028-1607 $6,750,000 Jul 2022 No data

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

Value Estimation
$2,895,000

11,524 SF

855 Bloomfield Ave

COMMERCIAL (GENERAL)

855 Bloomfield Ave, Glen Ridge, NJ 07028-1341

View Details
Value Estimation
$1,260,000

7,133 SF

13-17 Herman St, Unit 17

COMMERCIAL (GENERAL)

13-17 Herman St, Glen Ridge, NJ 07028-1415

View Details
Value Estimation
$880,000

6,749 SF

53 Farrand St

COMMERCIAL (GENERAL)

53 Farrand St, Glen Ridge, NJ 07028

View Details
Value Estimation
$3,005,000

12,606 SF

200 Highland Ave

COMMERCIAL (GENERAL)

200 Highland Ave, Glen Ridge, NJ 07028-1528

View Details
Value Estimation
$3,375,000

13,658 SF

710 Bloomfield Ave

COMMERCIAL (GENERAL)

710 Bloomfield Ave, Glen Ridge, NJ 07028-2332

View Details
Value Estimation
$1,365,000

5,170 SF

989 Bloomfield Ave

COMMERCIAL (GENERAL)

989 Bloomfield Ave, Glen Ridge, NJ 07028-1300

View Details

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Includes: Price & PSF · Cap rate · Location · Zoning

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230 Sherman Ave Glen Ridge, NJ 07028

Property summary