Financial
Distress signals
Property profile

233 Mt Airy Rd Basking Ridge, NJ 07920

OFF-MARKET
Commercial real estate
Property ID
US59-1536233
1,300 SF 10.02 ac lot Built 1977
Last sale Sep 2016 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office space, located at 233 Mount Airy Road in Basking Ridge, New Jersey, offers 5,100 square feet of immediately available space within a larger 66,000 square foot building. The property boasts a desirable multi-tenant configuration, perfect for businesses seeking a professional and efficient workspace. Situated in Somerset County's prestigious Blue-Chip Corridor, this two-story building provides convenient access to major roadways, ensuring seamless commutes for

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?
$137k
Tax billed · 2022
Assessed value · 2023$6.81M
Assessed land$1.81M
Assessed improvement$5.01M
Effective rate2.01%

Value estimate

· Sep 2026
$400k
$360k – $440k
AI approach$485k

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$256/SF
County average, outlier-cleaned · 255 recorded sales of this use type
Observed band · Q1–Q3$161 – $386
Qualifying comparables28

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?
E3
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.9
Wholesale Shop13.8
Spa & Massage13.3

Location

233 Mt Airy Rd Basking Ridge, NJ 07920-2338
County assessor Recorded deeds · 2 transfers 28 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
134 Finley, Basking Ridge, NJ 07920-1422 $690,000 Jun 2024 1,204 SF
87 Finley, Basking Ridge, NJ 07920-1421 $450,000 Jun 2023 1,054 SF
403 King George, Basking Ridge, NJ 07920-2820 $2,100,000 Jun 2022 1,976 SF
96 Finley, Basking Ridge, NJ 07920-1422 $596,250 Nov 2021 1,220 SF
94 Finley, Basking Ridge, NJ 07920-1422 $675,000 Sep 2021 1,854 SF
17 Columbia, Basking Ridge, NJ 07920-1532 $442,500 Oct 2020 1,860 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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