Financial
Distress signals
Property profile

271 Atlantic Ave Columbus, NJ 08022

FOR SALE
Other commercial real estate
Property ID
US59-3090050
0.42 ac lot
Last sale Jul 2009 · $350,000
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 1,458-square-foot corner building located at the intersection of Atlantic Avenue and W. Main Street, adjacent to the U.S. Postal Service. It sits on an irregularly shaped 0.42-acre parcel and is zoned C-1. The building includes a full basement and is within the Columbus Village Redevelopment Area. The premises are configured to be offered either occupied or vacant, with historical use as income-producing commercial space under an existing tenant arrangement.

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?
$10k
Tax billed · 2022
Assessed value · 2023$317k
Assessed land$186k
Assessed improvement$131k
Effective rate3.30%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 4.37% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$150/SF
County average, outlier-cleaned · 452 recorded sales of this use type
Observed band · Q1–Q3$78 – $245

Cap rate analysis

How does the asset earn?
4.37%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
JurisdictionBURLINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.1
Parking Facility8.4
Bakery8.4

Location

271 Atlantic Ave Columbus, NJ 08022
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
800 Rte 68, Columbus, NJ 08022-2256 $790,000 Nov 2024 1,333 SF
3073 Rte 206, Columbus, NJ 08022-2042 $350,000 May 2024 2,856 SF
207 Atlantic, Columbus, NJ 08022-1372 $400,000 May 2023 3,191 SF
266 Atlantic, Columbus, NJ 08022-1351 $840,000 Mar 2023 4,720 SF
421 Main, Columbus, NJ 08022 $730,000 Mar 2023 2,344 SF
24548 Main, Columbus, NJ 08022-1316 $512,500 Jan 2022 720 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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