Financial
Distress signals
Property profile

25 Commerce Dr Somerset, NJ 08873

OFF-MARKET
Other industrial properties
Property ID
US59-2150250
57,920 SF 4.11 ac lot
Trust Owned Owner of record is a trust. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 16,000-square-foot warehouse space zoned B-I (formerly M-2), supporting logistics, light manufacturing, warehousing, and distribution uses. The warehouse offers approximately 26-foot clear height and includes one shared drive-in door sized 12 feet wide by 18 feet high, along with one dedicated loading dock. Security provisions include heavy interior and exterior camera coverage, and the site provides outdoor truck parking.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$120k
Tax billed · 2023
Assessed value · 2024$6.21M
Assessed land$1.23M
Assessed improvement$4.98M
Effective rate1.93%

Value estimate

· Sep 2026
$6.72M
$6.05M – $7.39M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$765/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$156 – $1,680

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?
M2
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.6
Bakery8.1
Furniture Store8.1

Location

25 Commerce Dr Somerset, NJ 08873-3469
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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
85 Commerce, Somerset, NJ 08873-3469 $4,700,000 Dec 2025 20,138 SF
95 Clyde, Somerset, NJ 08873-3463 $17,200,000 Oct 2024 79,300 SF
243 Belmont, Somerset, NJ 08873-1217 $2,500,000 Mar 2024 16,000 SF
31 Schoolhouse, Somerset, NJ 08873-1212 $5,050,000 Jun 2023 12,000 SF
215 Davidson, Somerset, NJ 08873-4117 $32,388,000 Aug 2022 26,312 SF
50 Jiffy, Somerset, NJ 08873-3438 $18,327,500 Jun 2022 12,600 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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