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Property profile

280 Clove Rd Montague, NJ 07827

FOR SALE
Commercial real estate
Property ID
US59-0084133
5.39 ac lot
Last sale Jun 2011 · $481,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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 · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2023$472k
Assessed land$154k
Assessed improvement$318k
Effective rate2.89%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$305k
NOI build-up
Gross scheduled income$1.07M
Vacancy & credit loss−$63k
Operating expenses−$151k
NOI · 9.04% cap applied$858k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$140/SF
County average, outlier-cleaned · 272 recorded sales of this use type
Observed band · Q1–Q3$81 – $220

Cap rate analysis

How does the asset earn?
9.04%
$858k 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-2
Purpose of this zone is focus on municipal buildings and offices, post office, library, banks, and similar public use
General categoryCOMMERCIAL
JurisdictionSUSSEX

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.9
Storage Facility8.4
Kitchen & Bath8.0

Location

280 Clove Rd Montague, NJ 07827
County assessor Recorded deeds · 11 transfers 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
2 Myrtle, Montague, NJ 07827 $800,000 Jul 2025 2,934 SF
205 Riv, Montague, NJ 07827-3128 $1,500,000 Dec 2024 1,864 SF
274 Clove, Montague, NJ 07827-3169 $300,000 Mar 2024 No data
413 Us Hwy 206, Montague, NJ 07827-3015 $196,000 Jan 2023 No data
65 New Mashipacong, Montague, NJ 07827 $294,500 Jul 2022 No data
59 Riv, Montague, NJ 07827-3223 $560,000 Feb 2022 960 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

Ask Rey → ChatGPT Grok Claude
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