Realmo Analytics

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Property profile

271 Grv Ave Verona, NJ 07044

OFF-MARKET
Commercial real estate
Property ID
US59-1944162
25,004 SF 3.58 ac lot Built 1999
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,000-square-foot office space at 271 Grove Avenue, Building G, in Verona, New Jersey (zip code 07044), presents a unique opportunity for businesses seeking a versatile and well-appointed workspace. The property is a single-tenant building, offering complete privacy and control. The layout is designed for optimal functionality, incorporating a blend of private and open areas. Two private offices provide dedicated space for individual work or meetings, while a spacious open…

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 · 2023

What does the county charge?
$159k
Tax billed · 2023
Assessed value · 2024$5.18M
Assessed land$1.02M
Assessed improvement$4.17M
Effective rate3.06%

Value estimate

· Nov 2026
$5.01M
$4.50M – $5.51M
CAP approach$5.31M
Submarket $/SF estimate$4.29M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$352/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$223 – $452
Qualifying comparables11

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?
M1
JurisdictionESSEX

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 agency15.5
Restaurant11.9
Clothing Store10.8

Location

271 Grv Ave Verona, NJ 07044-1730
County assessor Recorded deeds · not on file 11 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
297 Bloomfield, Verona, NJ 07044 $1,150,000 Apr 2024 4,580 SF
726 Bloomfield, Verona, NJ 07044-1641 $2,590,000 Sep 2023 17,656 SF
60 Pompton, Verona, NJ 07044-2946 $4,025,000 Mar 2023 28,590 SF
21 Grv, Verona, NJ 07044-1610 $1,275,000 Sep 2021 5,178 SF
314 Bloomfield, Verona, NJ 07044-2427 $750,000 Aug 2021 4,952 SF
825 Bloomfield, Verona, NJ 07044-1366 $3,200,000 Jul 2021 14,078 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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