Realmo Analytics

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

Property profile

41 Spring St New Providence, NJ 07974

FOR LEASE
Industrial properties
Property ID
US59-0190673
218,207 SF 15.28 ac lot Built 1979
Last sale Nov 2018 · $23,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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?
$612k
Tax billed · 2022
Assessed value · 2023$12.39M
Assessed land$2.66M
Assessed improvement$9.73M
Effective rate4.94%

Value estimate

· Nov 2026
$25.28M
$22.75M – $27.80M
Submarket $/SF estimate$16.98M
NOI build-up
Gross scheduled income$634k
Vacancy & credit loss−$203k
Operating expenses−$108k
NOI · 1,347,995.83% cap applied$324k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 120 recorded sales of this use type
Observed band · Q1–Q3$111 – $273
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,347,995.83%
$324k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.7
Building Supply29.0
Restaurant23.3

Location

41 Spring St New Providence, NJ 07974
County assessor Recorded deeds · 7 transfers 5 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
755 Central, New Providence, NJ 07974-1116 $1,000,000 Oct 2023 3,780 SF
550 Central, New Providence, NJ 07974-1505 $6,630,000 Sep 2022 91,844 SF
70 Ryder, New Providence, NJ 07974 $13,600,000 Apr 2022 No data
111 Spg, New Providence, NJ 07974-1146 $15,050,000 Sep 2019 No data
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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved