Back to Search
Property profile & analytics
FOR LEASE
Commercial real estate
2504 Plainfield Ave Scotch Plains, NJ 07076
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1888965
For Lease
1 / 7
$1,700/Mo
2504 Plainfield Ave, Scotch Plains, NJ 07076
View Listing →
Property summary
AI-generated overview
This exceptional office space, located at 2504 Plainfield Ave in Scotch Plains, New Jersey (zip code 07076), offers 647 square feet of renovated, functional workspace. The property is classified as both Traditional and Creative Office space, making it suitable for a variety of businesses. The layout includes a private bathroom and a kitchenette, enhancing convenience and comfort. Ample storage is provided with two extra-large closets. A second, lockable office space offers additional flexibility and privacy. The building is available for multiple tenants. This ready-to-occupy space is ideally situated in Scotch Plains, offering easy access to local amenities and transportation. The property is in excellent condition and features modern updates. The space is perfect for a small business or professional seeking a well-appointed and efficient office environment. Interested parties should inquire for lease terms and availability. The property's GPS coordinates are 40.65739252 latitude and -74.37825208 longitude.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1971
Construction
BRICK
Total area
4,032 SF
Lot
0.24 ac (10,542 SF)
Zoning code
M-1
APN
16 06503-0000-00007- 01
UPID
US59-1888965
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Saturn Freight Systems Freight Service Logistics Company
-
American Asphalt General Contractor Construction Company
-
Hoff Bros. Plumbing Service General Contractor
-
Blue Rhino Screen Printing Textile Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
$820k
Comparable Approach
Comparable
$706k
Blend (final)
Blend
$590k
Owner & transaction history
Juanita Dinizo · 12 yrs held
Juanita Dinizo
since 2013
4 recorded transactions
Zoning & alternative use
M-1 · Scotch Plains, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Scotch Plains submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scotch Plains submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$375,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$820,000
7%
$760,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$146 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$17,627
Tax year 2022
Assessed value
$156,200
Assessed 2023
Previous assessed
$156,200
+0.0% YoY
Effective rate
11.28%
On assessed value
Assessed land
$60,000
Assessed improvement
$96,200
Land market value
$60,000
Improvement market value
$96,200
Total market value
$156,200
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1971
Construction
BRICK
Heating
NONE
Stories
1
Total area
4,032 SF
Lot
0.24 ac (10,542 SF)
Zoning code
M-1
APN
16 06503-0000-00007- 01
UPID
US59-1888965
Jurisdiction
UNION
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Scotch Plains, NJ
Zoning M-1 · permitted uses
M-1 · Scotch Plains, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scotch Plains. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Juanita Dinizo
Individual
Mailing address
26 LONSDALE DR, SOUTH PLAINFIELD, NJ 07080-2128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2018
—
Juanita Dinizo
—
Deed
related
$18,000 · Td Bk NA
Jul 30, 2013
—
Juanita Dinizo
Dinizo,juanita
Quit Claim Deed
related
$198,000 · Td Bank NA
Nov 5, 2010
—
Romano Dinizo
Dinizo,romano & Juanita
Quit Claim Deed
related
—
—
—
Juanita Dinizo
—
Deed Of Trust
related
$18,000 · Td Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
