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Property profile

250 Park Ave Scotch Plains, NJ 07076

OFF-MARKET
Commercial real estate
Property ID
US59-0927480
5.55 ac lot Built 1982
Last sale Nov 2021 · $8,875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 6,000 square foot retail pad site at 250 Park Avenue in Scotch Plains, New Jersey, presents a unique redevelopment opportunity. Located on Route 22, a primary retail corridor in the Watchung/Scotch Plains trade area, this single-tenant property enjoys unparalleled visibility and accessibility. The site benefits from exceptional traffic counts exceeding 52,000 vehicles daily on Route 22 and approximately 25,000 vehicles daily on Park Avenue, providing significant exposure to…

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?
$304k
Tax billed · 2022
Assessed value · 2023$2.70M
Assessed land$832k
Assessed improvement$1.86M
Effective rate11.29%

Value estimate

· Oct 2026
$10.56M
$9.50M – $11.61M
AI approach$11.35M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$259/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$149 – $348

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?
B-2
The Intent of this zone is to promote Retail Business uses
General categoryCOMMERCIAL
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Cafe & Coffee Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Cafe & Coffee Shop10.8
Parking Facility10.8
Daycare Center10.7

Location

250 Park Ave Scotch Plains, NJ 07076-1057
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
1380 Terrill, Scotch Plains, NJ 07076-2505 $1,080,000 Feb 2026 No data
1235 Martine, Scotch Plains, NJ 07076 $3,350,000 Oct 2025 No data
1829 Frnt, Scotch Plains, NJ 07076-1102 $600,000 May 2025 No data
1741 2nd, Scotch Plains, NJ 07076-1762 $500,000 Mar 2025 3,020 SF
431 Park, Scotch Plains, NJ 07076-1715 $730,000 Feb 2025 3,166 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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