Financial
Distress signals
Property profile

246 North Ave 1 Garwood, NJ 07027

FOR SALE
Other commercial real estate
Property ID
US59-0932500
6,224 SF 0.26 ac lot Built 1920
Last sale Jul 2006 · $1
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a ground-floor retail unit that occupies the rear right portion of the building located at 246 North Ave, Unit 2, in Garwood Borough, New Jersey. The space features 10-foot ceilings, broad front-facing windows providing daylight and storefront signage exposure along the window line, one powder room, and a rear exterior exit door. The building was constructed in 1920 and the unit is configured for street-level use, suitable for retail, office, or professional purposes.

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?
$19k
Tax billed · 2022
Assessed value · 2023$727k
Assessed land$360k
Assessed improvement$367k
Effective rate2.63%

Value estimate

· Sep 2026
$425k
$383k – $468k
Submarket $/SF estimate$1.09M

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$248/SF
County average, outlier-cleaned · 826 recorded sales of this use type
Observed band · Q1–Q3$153 – $369
Qualifying comparables20

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

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.

JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store11.1
Computer & Electronic Repair10.3
Smoke and Vape Shop9.8

Location

246 North Ave, Unit 1 Garwood, NJ 07027
County assessor Recorded deeds · 2 transfers 20 qualifying comp sales 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
114 Ctr, Garwood, NJ 07027-1243 $725,000 Feb 2025 5,530 SF
145 Ss, Garwood, NJ 07027 $1,025,000 Mar 2024 4,599 SF
257 Ss, Garwood, NJ 07027-1341 $1,425,000 Aug 2023 8,232 SF
533 Ss, Garwood, NJ 07027-1236 $59,600 Oct 2022 4,500 SF
354 Nn, Garwood, NJ 07027-1002 $500,000 Oct 2021 5,065 SF
105 Ctr, Garwood, NJ 07027-1265 $275,000 Jul 2021 5,896 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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