Financial
Distress signals
Property profile

2504 Plainfield Ave Scotch Plains, NJ 07076

FOR LEASE
Other commercial real estate
Property ID
US59-1888965
4,032 SF 0.24 ac lot Built 1971
Last sale Mar 2018
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. 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

A 4,032-square-foot flex building constructed in 1971, located at 2504 Plainfield Ave in Scotch Plains Township, New Jersey. The property is configured with three office suites and three garage or warehouse areas, supporting a combination of administrative and storage uses, with overhead doors and a loading dock. The site includes a usable yard and designated loading features for commercial operations. The building has been updated with a replaced roof and renovated bathrooms. Separate utility

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?
$18k
Tax billed · 2022
Assessed value · 2023$156k
Assessed land$60k
Assessed improvement$96k
Effective rate11.28%

Value estimate

· Sep 2026
$590k
$531k – $649k
AI approach$375k
CAP approach$820k
Submarket $/SF estimate$706k

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

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
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

What can be built here?
M-1
The Intent of this zone is to promote Industry uses
General categoryUNKNOWN
JurisdictionUNION

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 agency61.4
Restaurant52.1
Building Supply39.8

Location

2504 Plainfield Ave Scotch Plains, NJ 07076
County assessor Recorded deeds · 4 transfers 20 qualifying comp sales 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
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
2350 Ss, Scotch Plains, NJ 07076-4547 $1,175,000 Feb 2025 3,960 SF
445 Terrill, Scotch Plains, NJ 07076-1522 $2,680,000 Apr 2024 6,119 SF
1589 2nd, Scotch Plains, NJ 07076-1643 $670,000 Jan 2024 4,918 SF
1700 2nd, Scotch Plains, NJ 07076-1608 $650,000 Jun 2023 2,500 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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