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    Property profile & analytics

    271 Continental N Dr Budd Lake, NJ 07828

    • Hotels
    • 85,136 SF
    • 9.01 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 10, 2020
    $17,000,000
    Location Intelligence
    Property ID
    US59-1281202
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 271 Continental Drive Parking / Parking Lot

    Property Details for 271 Continental N Dr

    Year built
    2000
    Lot size
    9.01 lot acres
    Property size
    85,136 SF
    Zone code
    FTZ4
    Property type
    Hotels
    APN
    27 00204-0000-00001- 01
    APU
    270020400000000101

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Budd Lake
    County
    Morris
    State
    New Jersey
    Longitude
    -74.7231
    Latitude
    40.9084
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $258,251
    $3,100,000
    $4,800,000
    $7,900,000
    -
    $3,100,000
    $4,800,000
    $7,900,000

    Comparable in this City

    • Value Estimation by Request
      79,868 SF

      1000 International Dr

      HOTEL • 79,868 SF
      1000 International Dr, Budd Lake, NJ 07828-4308
      View Details
    • Value Estimation
      $1,275,000
      28,800 SF

      138 Rte 46

      HOTEL • 28,800 SF
      138 Rte 46, Budd Lake, NJ 07828
      View Details
    • Value Estimation
      $945,000
      32,280 SF

      102 Us Hwy 46

      HOTEL • 32,280 SF
      102 Us Hwy 46, Budd Lake, NJ 07828-1704
      View Details
    • Value Estimation
      $455,000
      4,044 SF

      110 Us Hwy 46

      MOTEL • 4,044 SF
      110 Us Hwy 46, Budd Lake, NJ 07828-1704
      View Details
    • Value Estimation by Request

      375 Clark Dr

      COMMERCIAL (GENERAL)
      375 Clark Dr, Budd Lake, NJ 07828
      View Details
    • Value Estimation by Request
      102.15 Acres

      149 Gold Mine Rd

      COMMERCIAL (GENERAL) • 102.15 Acres
      149 Gold Mine Rd, Budd Lake, NJ 07828
      View Details

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      Residential Lot in Budd Lake

      Residential lot in Budd Lake area, public water and sewer.
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      Medical Office Corner Suite

      Corner suite ideal for medical professionals, available immediately.
      125 Us Highway 46, Budd Lake, NJ 07828
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      Land For Sale

      Land available for sale.
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    Similar Nearby for Lease

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      123,023 SF

      Mount Olive Retail Center Opportunity

      Prime NJ Retail Space Available, High Traffic
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      Village Green: Prime Retail/Office Space

      Mt. Olive, NJ: 74,000 SF Retail/Office Center
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    • $9,000 /Mo

      Lakeside Office Building For Rent

      Spacious office building with lake views, suitable for various uses.
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    • $2,550 /Mo

      Renovated Apartment in Budd Lake

      Newly renovated 2-bedroom apartment with shared backyard and driveway.
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      7,501 SF

      Warehouse and Office Space Available

      Warehouse and office space available for lease in Mount Olive.
      550 Clark Dr, Mount Olive, NJ 07828
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      Prime Retail/Commercial Space Available

      High-visibility location with flexible floor plans in Mount Olive, NJ.
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      View Details

    Property Visit Statistics

    • Visits by month
      7.3k
    • Visitors by month
      3.0k
    • Avg Time on site
      454 min
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    271 Continental N Dr
    Budd Lake, NJ 07828
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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