Financial
Distress signals
Property profile

387 Main St Retail West Creek, NJ 08092

FOR LEASE
Other commercial real estate
Property ID
US59-0551099
1,937 SF 0.66 ac lot Built 1920
Last sale Oct 2013 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a small commercial site suitable for either professional office or retail use, located on 0.66 acres along Route 9. A single 850-square-foot building is present, and an additional electrically equipped shed supports accessory operations or storage. The site is currently configured for retail, with prior use as a bait and tackle shop, and the existing layout can support a range of light retail and small-service concepts, including salon, florist, gift shop, bakery, take-out food

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?
$8k
Tax billed · 2022
Assessed value · 2023$317k
Assessed land$129k
Assessed improvement$188k
Effective rate2.67%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 638.53% cap applied$12k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$288/SF
County average, outlier-cleaned · 852 recorded sales of this use type
Observed band · Q1–Q3$171 – $442
Qualifying comparables10

Cap rate analysis

How does the asset earn?
638.53%
$12k 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
JurisdictionOCEAN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.0
HVAC Service8.6
Tailor Shop8.5

Location

387 Main St, Unit Retail West Creek, NJ 08092
County assessor Recorded deeds · 4 transfers 10 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
400 Main, West Creek, NJ 08092-9613 $587,500 Dec 2025 1,352 SF
194 Rte 9th, West Creek, NJ 08092-1101 $355,000 May 2022 1,584 SF
415 Main, West Creek, NJ 08092-9601 $160,000 Mar 2022 1,508 SF
911 Main, West Creek, NJ 08092-3116 $600,000 Jan 2022 2,800 SF
430 Main, West Creek, NJ 08092-3209 $275,000 Jun 2021 1,548 SF
471 Main, West Creek, NJ 08092-3206 $230,000 Apr 2021 1,482 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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