Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

394 Elizabeth Ave Somerset, NJ 08873

OFF-MARKET
Industrial properties
Property ID
US59-2206718
5,600 SF 12.55 ac lot
Last sale Jan 2006 · $2,000,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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 · 2022

What does the county charge?
$151k
Tax billed · 2022
Assessed value · 2023$7.40M
Assessed land$2.12M
Assessed improvement$5.28M
Effective rate2.04%

Value estimate

· Nov 2026
$660k
$594k – $726k
Submarket $/SF estimate$666k

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

Recently sold

What actually traded nearby?
$765/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$156 – $1,680
Qualifying comparables10

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?
M1
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.4
Auto Parts Store10.2
Auto Repair Shop9.5

Location

394 Elizabeth Ave Somerset, NJ 08873-5117
County assessor Recorded deeds · 3 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
645 Howard, Somerset, NJ 08873-1109 $11,500,000 Oct 2024 5,000 SF
100 Mettlers, Somerset, NJ 08873-7378 $1,600,000 Oct 2023 3,897 SF
411 Elizabeth, Somerset, NJ 08873-1292 $2,000,000 Jun 2023 9,280 SF
500 Apgar, Somerset, NJ 08873-1156 $4,108,810 Dec 2022 6,100 SF
9 Shirley, Somerset, NJ 08873-3420 $1,125,000 Aug 2022 6,000 SF
100 Randolph, Somerset, NJ 08873-1384 $27,000,000 Jul 2022 8,926 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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