Realmo Analytics

Get property leads for Acquiring or Refinance. View reports on 50M+ commercial properties in the US.

Lead list sample
Financial
Distress signals
Property profile

272 Rte 22nd W Bound Springfield, NJ 07081

OFF-MARKET
Other commercial real estate
Property ID
US59-1105687
5,600 SF 2 ac lot Built 2016
Last sale Jul 2026 · $4,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This property consists of a commercial building totaling approximately 6,855 square feet, located on an approximately 2.0-acre parcel identified as Block 3701, Lot 11. The site provides 200 surface parking spaces and has approximately 141 feet of frontage along Route 22 West. The property is zoned Highway Commercial, and it has recorded property tax payments of $54,096 for 2025.

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.

Debts

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?
$49k
Tax billed · 2022
Assessed value · 2023$2.24M
Assessed land$560k
Assessed improvement$1.68M
Effective rate2.21%

Value estimate

· Oct 2026
$1.15M
$1.03M – $1.26M
CAP approach$1.14M
Submarket $/SF estimate$986k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$139 – $357
Qualifying comparables17

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency24.7
Nail Salon15.8
Spa & Massage15.6

Location

272 Rte 22nd W Bound Springfield, NJ 07081
County assessor Recorded deeds · 4 transfers 17 qualifying comp sales Zoning catalog · not on file

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
302 Morris, Springfield, NJ 07081-1205 $450,000 May 2025 3,414 SF
26 Linden, Springfield, NJ 07081-1834 $900,000 Aug 2023 6,800 SF
649 Morris, Springfield, NJ 07081-1526 $1,075,000 Jun 2023 3,715 SF
52 Millburn, Springfield, NJ 07081-1015 $999,999 Jan 2023 4,908 SF
34 Ctr, Springfield, NJ 07081-1717 $500,000 Sep 2022 6,752 SF
89 Victory, Springfield, NJ 07081-1314 $1,675,000 Sep 2022 7,248 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
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?”
You own 272 Rte 22nd W Bound?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again