Financial
Distress signals
Property profile

40 Morristown Rd Bernardsville, NJ 07924

OFF-MARKET
Other commercial real estate
Property ID
US59-2063846
14,680 SF 1.25 ac lot
Last sale Dec 2019 · $2,735,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This second-floor office suite is located in the Bernards Square Professional Building in downtown Bernardsville’s business district and comprises 2,069 square feet. The layout includes a large common area, eight private offices, a conference room, and a private bathroom, with additional public bathrooms provided in the hall. The building is handicapped accessible and served by interior passenger elevators. The property includes a shared parking lot and is situated in Bernardsville Borough, New

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?
$58k
Tax billed · 2022
Assessed value$2.84M
Assessed land$998k
Assessed improvement$1.84M
Effective rate2.03%

Value estimate

· Sep 2026
$2.19M
$1.97M – $2.40M
Sales comparison$2.99M

Realmo valuation models over county records and 16 qualifying comparable sales.

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
Qualifying comparables16

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: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel9.2
Wholesale Shop11.1
Auto Parts Store10.8

Location

40 Morristown Rd Bernardsville, NJ 07924-2310
County assessor Recorded deeds · 5 transfers 16 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 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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