Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

245 Un Ave Bridgewater, NJ 08807

OFF-MARKET
Commercial real estate
Property ID
US59-2062149
0.87 ac lot
Last sale Feb 2023 · $1,320,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional single-tenant commercial property, located at 245 Union Avenue #2C in Bridgewater, New Jersey, offers 2,426 square feet of office space ideal for executive offices or other commercial uses. Situated on a 0.87-square-foot lot, this one-story building is zoned MPD and features two convenient parking spaces. The property's APN is 0600206000000031. Its strategic location in Bridgewater provides easy accessibility for clients and employees. The property is classified as both land…

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?
$38k
Tax billed · 2022
Assessed value · 2023$1.83M
Assessed land$562k
Assessed improvement$1.27M
Effective rate2.07%

Value estimate

· Oct 2026
$1.31M
$1.17M – $1.44M
AI approach$1.24M

Realmo valuation models over county records.

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

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?
MPD
The intent of this zone is to promote medical park uses
General categoryOPEN_SPACE
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.8
Clothing Store11.2
Daycare Center10.2

Location

245 Un Ave Bridgewater, NJ 08807-3064
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
100 Monroe, Bridgewater, NJ 08807-3043 $54,578,110 Oct 2025 No data
400 Us Hwy 22, Bridgewater, NJ 08807-2463 $24,747,000 Oct 2025 No data
1213 Us Hwy 22, Bridgewater, NJ 08807-2964 $6,050,000 Oct 2025 No data
733 Us Hwy 202, Bridgewater, NJ 08807-2783 $365,000 Sep 2025 No data
601 State Rte 28, Bridgewater, NJ 08807-2473 $4,804,140 Jun 2025 No data
1277 Us Hwy 22, Bridgewater, NJ 08807-2916 $16,750,000 May 2025 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
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 245 Un Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved