Financial
Distress signals
Property profile

39 Davenport St Somerville, NJ 08876

OFF-MARKET
Commercial real estate
Property ID
US59-1245147
2,380 SF 0.14 ac lot Built 1920
Last sale Apr 2022 · $330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 600-square-foot office suite presents a fantastic opportunity for a single tenant seeking a prominent location in the heart of downtown Somerville, Somerset County. Situated on the first floor, this traditional office space boasts three generously sized private offices, providing ample room for individual work or team collaboration. The suite features both front and rear entrances, offering convenient access and flexibility. A covered porch adds a touch of charm and provides

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?
$12k
Tax billed · 2022
Assessed value · 2023$288k
Assessed land$150k
Assessed improvement$138k
Effective rate4.09%

Value estimate

· Sep 2026
$390k
$351k – $429k
AI approach$390k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$181/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$144 – $233
Qualifying comparables9

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.3
Florist8.5
Computer & Electronic Repair8.3

Location

39 Davenport St Somerville, NJ 08876-2112
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales Zoning catalog · not on file

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
177 High, Somerville, NJ 08876-1817 $535,000 Feb 2026 2,844 SF
1062 Us Hwy 22, Somerville, NJ 08876-1759 $2,556,250 May 2025 1,260 SF
355 Gaston, Somerville, NJ 08876-1740 $2,147,250 May 2025 13,928 SF
72 Grv, Somerville, NJ 08876-1916 $520,000 Apr 2025 2,100 SF
69 End, Somerville, NJ 08876-1855 $595,000 Feb 2025 3,848 SF
3631 Us Hwy 22, Somerville, NJ 08876-3439 $475,000 Jan 2025 3,421 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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