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    2350 South Ave Scotch Plains, NJ 07076
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    Property profile & analytics

    2350 South Ave, Scotch Plains, NJ 07076

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    • Commercial real estate
    • 3,960 SF
    • 0.37 lot acres
    Adaptable Commercial Space For Rent For Lease
    $20 SF/Yr

    Adaptable Commercial Space For Rent

    Professionally finished commercial space suitable for medical or professional services.

    2350 South Ave, Scotch Plains, NJ 07076
    View Listing
    Property ID
    US59-0189373
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,085,000
    Cap Rate Potential
    4.9%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Metropolitan Dermatology - Scotch Plains / Physician / Medical Clinic
    • Cosmetic Dermatology / Physician / Medical Clinic
    • Dr. Robbie Drossner -Metropolitan Dermatology / Physician / Medical Clinic
    • Home Improvement by Tony / Hardware & Home Improvement / Interior Design
    • Skin Deep of scotch plains / Spa & Massage Center / Skin Care Clinic

    Property Details for 2350 South Ave

    Year built
    1986
    Construction
    BRICK
    Lot size
    0.37 lot acres
    Zone code
    B-1
    Property type
    Commercial real estate
    APN
    16 09001-0000-00004
    APU
    1609001000000004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 22, 2007 — Mjrl II R/e Holding LLC Swl LLC Grant Deed —
    Jun 14, 2005 $100 Swl LLC Leung,william & Chuen Grant Deed · related —
    — — Parshva Commercials LLC — Deed Of Trust · related $675k · Mjrl II R/e Holding LLC

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,060,000
      ML approach
      $1,075,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $870,000
      6.5%
      $805,000
      7%
      $745,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $948,000
      Market price range: $592k - $1.38M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Scotch Plains
    County
    Union
    State
    New Jersey
    Longitude
    -74.3685
    Latitude
    40.6456
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $23,699
    $85,400
    $124,600
    $210,000
    -
    $85,400
    $124,600
    $210,000
    View Listing
    More about this property
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