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    413 Park Ave Scotch Plains, NJ 07076-1715
    Property profile & analytics

    413 Park Ave, Scotch Plains, NJ 07076-1715

    View on Map

    • Commercial real estate
    • 2,890 SF
    • 0.14 lot acres
    Off-Market
    Property ID
    US59-1732024
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $550,000
    Show details
    Cap Rate Potential
    8.9%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Elefante Music (Scotch Plains) / (Bike/Boat/Book/etc) Store

    Property Details for 413 Park Ave

    Year built
    1952
    Construction
    CONCRETE BLOCKS
    Lot size
    0.14 lot acres
    Zone code
    B-2
    Property type
    Commercial real estate
    APN
    16 01501-0000-00007
    APU
    1601501000000007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 30, 2004 $500,000 Ritt-will LLC Loupassakis,craig & Donna Grant Deed $400k · Somerset Hill Bank
    — — Craig Loupassakis — Deed Of Trust · related $195k · Summit Bank
    — — Craig Loupassakis — Deed Of Trust · related $121k · Us Small Business Admn

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $425,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $635,000
      6.5%
      $585,000
      7%
      $545,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $722,000
      Market price range: $432k - $1.01M
      AI Estimate
      $468,000
      Market price range: $247k - $704k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Scotch Plains
    County
    Union
    State
    New Jersey
    Longitude
    -74.3973
    Latitude
    40.6505
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $18,033
    $64,500
    $95,300
    $159,800
    -
    $64,500
    $95,300
    $159,800
    More about this property
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