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Financial
Distress signals
Property profile

24 N 3Rd Ave Highland Park, NJ 08904

FOR SALE
Office buildings
Property ID
US59-1710305
11,838 SF 0.17 ac lot
Last sale Apr 2016 · $760,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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24 N 3Rd Ave, Highland Park, NJ 08904 For Sale
$3,030,000 11,838 SF
24 N 3Rd Ave, Highland Park, NJ 08904
View Listing

Property summary

AI-generated overview

This 3,000-square-foot office property is located in a building constructed in 1960 on a 0.1722-acre parcel. The structure uses block and brick construction and is laid out with six individual offices. Interior finishes include ceramic tile and carpet. Heating is provided by forced-air and hot-water systems, and central air conditioning is included. The building is served by public water and public sewer, and the roof is surfaced with fiberglass. The property is positioned approximately…

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?
$30k
Tax billed · 2022
Assessed value · 2023$1.61M
Assessed land$500k
Assessed improvement$1.11M
Effective rate1.84%

Value estimate

· Oct 2026
$3.03M
$2.73M – $3.33M
CAP approach$2.97M
Submarket $/SF estimate$3.76M
NOI build-up
Gross scheduled income$90k
Vacancy & credit loss−$29k
Operating expenses−$15k
NOI · 16,690.91% cap applied$46k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$284/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$193 – $334

Cap rate analysis

How does the asset earn?
16,690.91%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.4
Catering Service9.1
Carpet & Flooring Store8.6

Location

24 N 3Rd Ave Highland Park, NJ 08904
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 11 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
47 Raritan Ave, Highland Park, NJ 08904-2440 $2,600,000 Sep 2022 No data
304 Raritan, Highland Park, NJ 08904-2763 $830,000 Mar 2019 1,647 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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