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

    431 Park Ave, Scotch Plains, NJ 07076-1715

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    • Commercial real estate
    • 3,166 SF
    • 0.13 lot acres
    Off-Market
    Last Sale Feb 27, 2025
    $730,000
    Property ID
    US59-1451057
    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
    $690,000
    Show details
    Cap Rate Potential
    6.3%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Black Drop Coffee / Cafe & Coffee Shop
    • Jason Bartlett - State Farm Insurance Agent / Insurance Agency
    • State Farm / Insurance Agency

    Property Details for 431 Park Ave

    Year built
    1962
    Construction
    CONCRETE BLOCKS
    Lot size
    0.13 lot acres
    Property type
    Commercial real estate
    APN
    16 01501-0000-00004
    APU
    1601501000000004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 27, 2025 $730,000 Hc&jh Realtyllc Taj Realty LLC Deed $420k · Emigrant Funding Corp
    Apr 20, 2016 $500,000 Taj Realty LLC 431 Park Avenue LLC Grant Deed $325k · 431 Park Ave LLC
    Oct 2, 2009 — 431 Park Ave LLC Grillo,patricia F Grant Deed —
    Feb 26, 2008 — Charles A Grillo Grillo Charles A Quit Claim Deed · related —
    May 22, 2001 — Grillo Real Estate Assoc LLC Grillo,charles A & Patricia F Quit Claim Deed · related —
    — — 431 Park Ave LLC — Deed Of Trust · related $55k · Anthony Barbera

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $660,000
      ML approach
      $620,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $695,000
      6.5%
      $645,000
      7%
      $595,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $754,000
      Market price range: $473k - $1.10M
      AI Estimate
      $489,000
      Market price range: $271k - $771k

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


    Location Insight

    • Map
    • Local Demand
    City
    Scotch Plains
    County
    Union
    State
    New Jersey
    Longitude
    -74.3969
    Latitude
    40.6502
    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
    $18,846
    $54,000
    $113,000
    $167,000
    -
    $54,000
    $113,000
    $167,000
    More about this property
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