Financial
Distress signals
Property profile

383 E Main St Denville, NJ 07834

FOR SALE
Other industrial properties
Property ID
US59-1921181
1,614 SF 0.21 ac lot Built 1960
Last sale Apr 2024 · $32,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding commercial building located on a corner lot in Denville Township along a business corridor in Morris County. The property covers 1,614 square feet on a 0.2-acre site and is zoned I-1. It includes dedicated off-street parking and is positioned for access from multiple directions. The building has a flexible interior layout that was historically operated as a restaurant grill and includes kitchen infrastructure and other trade fixtures (trade fixtures, furniture, equipment, and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$11k
Tax billed · 2022
Assessed value$430k
Assessed land$83k
Assessed improvement$348k
Effective rate2.57%

Value estimate

· Sep 2026
$305k
$275k – $336k
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 3.29% cap applied$25k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$179/SF
County average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$134 – $250

Cap rate analysis

How does the asset earn?
3.29%
$25k 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?
I-1
JurisdictionMORRIS

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 agency11.3
Law Firm8.9
Clothing Store8.2

Location

383 E Main St Denville, NJ 07834
County assessor Recorded deeds · 4 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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