Financial
Distress signals
Property profile

248 Grv Ave Cedar Grove, NJ 07009

OFF-MARKET
Residential income homes
Property ID
US59-2442517
2.45 ac lot
Last sale Oct 2019 · $13,804,017
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address.
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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?
$248k
Tax billed · 2022
Assessed value · 2023$9.66M
Assessed land$372k
Assessed improvement$9.29M
Effective rate2.56%

Value estimate

· Sep 2026
$1.03M
$927k – $1.13M
AI approach$1.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$273/SF
County average, outlier-cleaned · 168 recorded sales of this use type
Observed band · Q1–Q3$169 – $450

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?
SL/C
SL/C Senior Living/Care Residential Zone (minimum lot size three acres). For planned residential retirement communities, minimum lot size...
General categoryRESIDENTIAL
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.2
Restaurant23.9
Law Firm17.9

Location

248 Grv Ave Cedar Grove, NJ 07009-1436
County assessor Recorded deeds · 7 transfers 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

4 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
4 properties of the same type nearby
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