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    Property profile & analytics

    343 Somerset St Stirling, NJ 07980-1310

    • Commercial real estate
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 31, 2025
    $2,000,000
    Location Intelligence
    Property ID
    US59-1004331
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Paramount Foods, Llc / Wholesaler
    • Delta Products Co / Manufacturer

    Property Details for 343 Somerset St

    Lot size
    0.52 lot acres
    Zone code
    LI-2
    Property type
    Commercial real estate
    APN
    30 11605-0000-00007
    APU
    3011605000000007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stirling
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4969
    Latitude
    40.6726
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $20,135
    $116,100
    $807,900
    $924,000
    -
    $116,100
    $807,900
    $924,000

    Comparable in this City

    • Value Estimation by Request
      5.13 Acres

      1080 Vly Rd

      COMMERCIAL (GENERAL) • 5.13 Acres
      1080 Vly Rd, Stirling, NJ 07980-1518
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    • Value Estimation by Request
      0.43 Acres

      91 Central Ave

      COMMERCIAL (GENERAL) • 0.43 Acres
      91 Central Ave, Stirling, NJ 07980-1254
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    • Value Estimation
      $395,000
      0.16 Acres

      239 Main Ave

      COMMERCIAL (GENERAL) • 0.16 Acres
      239 Main Ave, Stirling, NJ 07980-1464
      View Details
    • Value Estimation
      $405,000
      3,835 SF

      274 Main Ave

      COMMERCIAL (GENERAL) • 3,835 SF
      274 Main Ave, Stirling, NJ 07980-1450
      View Details
    • Value Estimation
      $470,000
      2,688 SF

      1202 Vly Rd

      COMMERCIAL (GENERAL) • 2,688 SF
      1202 Vly Rd, Stirling, NJ 07980-1424
      View Details
    • Value Estimation by Request
      0.33 Acres

      184 Central Ave

      COMMERCIAL (GENERAL) • 0.33 Acres
      184 Central Ave, Stirling, NJ 07980-1256
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    • $950,000
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      Mixed-Use Building Near Stirling Station

      Three-unit mixed-use building with retail and apartments near transit.
      192 Central Ave, Stirling, NJ 07980
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    Similar Nearby for Lease

    • $2,000,000

      Specialty Property for Rent

      Specialty property available for rent in Long Hill Twp., NJ.
      343 Somerset St, Stirling, NJ 07980
      View Details
    • $2,400 /Mo

      Office Space with Natural Light

      Office space for rent with on-site parking and secured access.
      320 Essex St, Stirling, NJ 07980
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    • $24 SF/Yr
      1,125 SF

      Morris County Office Space For Lease

      Versatile 1,125 sq ft industrial office
      320 Essex St, Long Hill, NJ 07980
      View Details
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    343 Somerset St
    Stirling, NJ 07980-1310
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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