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Property profile

320 Main St Spotswood, NJ 08884

FOR LEASE
Other commercial real estate
Property ID
US59-3161986
1,724 SF 0.1 ac lot Built 1905
Last sale Sep 2024 · $280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address.
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Property summary

AI-generated overview

The property is a commercial space configured for leasing and located on a busy main street. It offers approximately 1,100 square feet of main-floor space within a total building area of about 1,700 square feet. The premises include ample off-street parking, a full basement, and in-unit amenities that consist of a full bathroom and a kitchenette. The layout is suited to a range of small business uses, including office uses such as medical, legal, insurance, accounting, or tutoring services, subject to confirmation of permitted use with Spotswood Borough.

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?
$6k
Tax billed · 2023
Assessed value · 2024$176k
Assessed land$70k
Assessed improvement$105k
Effective rate3.58%

Value estimate

· Oct 2026
$280k
$298k – $415k Model range
AI approach$280k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$224/SF
County average, outlier-cleaned · 642 recorded sales of this use type
Observed band · Q1–Q3$144 – $339
Qualifying comparables5

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?
C-1
JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.8
Realty agency14.8
Parking Facility12.4

Location

320 Main St Spotswood, NJ 08884
County assessor Recorded deeds · 5 transfers 5 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
75 Summerhill, Spotswood, NJ 08884-1282 $850,000 Apr 2025 3,320 SF
75 Snowhill, Spotswood, NJ 08884-1344 $625,000 Oct 2024 4,042 SF
272 Main, Spotswood, NJ 08884-2311 $370,000 Oct 2023 1,164 SF
456 Main, Spotswood, NJ 08884-1702 $800,000 Dec 2022 3,250 SF
317 Main, Spotswood, NJ 08884-1291 $532,000 Nov 2019 4,002 SF
294 Devoe, Spotswood, NJ 08884-1607 $325,000 May 2019 931 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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