Financial
Distress signals
Property profile

281 Centennial Ave Piscataway, NJ 08854

OFF-MARKET
Industrial properties
Property ID
US59-1540241
40,838 SF 5 ac lot Built 1972
Last sale Dec 2025 · $10,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 41,309-square-foot flex/office building presents a unique investment opportunity in Piscataway, New Jersey. Situated on a generous 5-acre lot, the property boasts ample paved parking. The building features approximately 3,000 square feet of warehouse space with a desirable 16-foot clear ceiling height, perfect for various industrial uses. Two platform loading docks ensure efficient loading and unloading operations. The property is zoned Light Industrial (LI-5), offering

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?
$93k
Tax billed · 2022
Assessed value · 2023$3.95M
Assessed land$3.75M
Assessed improvement$201k
Effective rate2.36%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$226/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$134 – $356

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?
LI5
JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant26.2
Auto Repair Shop20.3
Hair Salon16.6

Location

281 Centennial Ave Piscataway, NJ 08854-3949
County assessor Recorded deeds · 5 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
727 Ss, Piscataway, NJ 08854-1472 $7,000,000 May 2025 40,800 SF
141 Ethel W, Piscataway, NJ 08854-5928 $11,000,000 Sep 2023 30,625 SF
201 11th, Piscataway, NJ 08854-1926 $8,200,000 Jun 2023 46,080 SF
60 Kingsbridge, Piscataway, NJ 08854-3919 $13,150,000 Jun 2022 60,656 SF
250 Cir N, Piscataway, NJ 08854-3705 $18,575,000 Mar 2022 59,106 SF
1525 Washington, Piscataway, NJ 08854-3815 $4,300,000 Jun 2021 27,878 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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