Financial
Distress signals
Property profile

4 Essex Ave Bernardsville, NJ 07924

FOR LEASE
Commercial real estate
Property ID
US59-0860179
0.51 ac lot
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office and retail building, located at 4 Essex Avenue in the heart of Bernardsville's central business district, offers a unique investment opportunity. The property boasts a total of 37,060 square feet, providing flexible space options for various business needs. Multiple tenancy is available, with minimum divisible space starting at 1,784 square feet and a maximum contiguous space of 4,424 square feet. Currently, there are 11,753 square feet of vacant space ready

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 · 2023

What does the county charge?
$69k
Tax billed · 2023
Assessed value · 2024$3.69M
Assessed land$526k
Assessed improvement$3.16M
Effective rate1.88%

Value estimate

· Sep 2026
$595k
$536k – $655k
AI approach$595k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$256/SF
County average, outlier-cleaned · 255 recorded sales of this use type
Observed band · Q1–Q3$161 – $386

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?
D-CO
Downtown Corridor Subdistrict (D-Co). 1. Description and Intent. The Downtown Corridor subdistrict extends along Morristown Road east of ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center9.8
Auto Parts Store9.4
Computer & Electronic Repair9.2

Location

4 Essex Ave Bernardsville, NJ 07924
County assessor Recorded deeds · not on file Qualifying 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
134 Morristown, Bernardsville, NJ 07924-2600 $2,000,000 Jun 2025 1,884 SF
99 Claremont, Bernardsville, NJ 07924-2232 $380,000 Feb 2025 1,980 SF
91 Mine Brk, Bernardsville, NJ 07924-2430 $1,170,000 Jan 2025 No data
106 Mine Brk Rd, Bernardsville, NJ 07924-2486 $1,920,300 Dec 2024 No data
55 Mine Brk, Bernardsville, NJ 07924-2430 $960,000 Nov 2023 3,550 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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