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Financial
Distress signals
Property profile

25 Morris Ave Springfield, NJ 07081

FOR SALE
Other commercial real estate
View Listing
Property ID
US59-1273123
2,048 SF 0.2 ac lot Built 1980
Last sale Oct 2005 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property includes a medical or professional office suite of approximately 1,200 square feet, configured to support healthcare and related professional office activities. It is located at 25 Morris Avenue in Springfield, New Jersey, within a setting designed as office space rather than retail or industrial use.

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?
$11k
Tax billed · 2022
Assessed value · 2023$512k
Assessed land$205k
Assessed improvement$307k
Effective rate2.22%

Value estimate

· Oct 2026
$890k
$801k – $979k
AI approach$890k
Submarket $/SF estimate$632k
NOI build-up
Gross scheduled income$156k
Vacancy & credit loss−$50k
Operating expenses−$27k
NOI · 6.63% cap applied$80k

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$139 – $357
Qualifying comparables28

Cap rate analysis

How does the asset earn?
6.63%
$80k 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.

JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store11.4
Hotel & Motel9.9
HVAC Service9.9

Location

25 Morris Ave Springfield, NJ 07081
County assessor Recorded deeds · 2 transfers 28 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
302 Morris, Springfield, NJ 07081-1205 $450,000 May 2025 3,414 SF
152 Mtn, Springfield, NJ 07081-1705 $2,790,000 Dec 2024 1,596 SF
352 Morris, Springfield, NJ 07081 $925,000 Apr 2024 2,592 SF
631 Morris, Springfield, NJ 07081-1513 $340,000 Nov 2023 1,084 SF
272 Morris, Springfield, NJ 07081-1214 $900,000 Aug 2023 2,506 SF
649 Morris, Springfield, NJ 07081-1526 $1,075,000 Jun 2023 3,715 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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