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Property profile

461 3 Bridge Rd Newfield, NJ 08344

FOR SALE
Other commercial real estate
Property ID
US59-2959116
3,784 SF 4.29 ac lot Built 1968
Last sale Jan 2018 · $145,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located on a 4+ acre parcel with frontage on Route 40 and Three Bridge Road. A large building on the site is configured for combined warehouse and office use and includes facilities supporting an auctioneering business. The building is heated with natural gas via two heaters. Site utilities include well water and electricity, and the property has a septic system that was installed as a replacement/recent installation. Exterior features include a large, lighted parking lot and…

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?
$4k
Tax billed · 2022
Assessed value · 2023$142k
Assessed land$107k
Assessed improvement$35k
Effective rate2.92%

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$75k
Vacancy & credit loss−$7k
Operating expenses−$24k
NOI · 9.80% cap applied$44k

Realmo valuation models over county records and 53 qualifying comparable sales.

Recently sold

What actually traded nearby?
$85/SF
County average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$51 – $138
Qualifying comparables53

Cap rate analysis

How does the asset earn?
9.80%
$44k 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.

JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.7
Auto Repair Shop9.4
Plumbing Service8.8

Location

461 3 Bridge Rd Newfield, NJ 08344
County assessor Recorded deeds · 5 transfers 53 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4408 Harding, Newfield, NJ 08344-4743 $849,249 Oct 2024 4,000 SF
1381 Harding, Newfield, NJ 08344-5323 $550,000 Jul 2023 3,203 SF
Newfield, NJ 08344 $389,900 Apr 2023 4,125 SF
1883 Harding, Newfield, NJ 08344-5231 $85,000 Mar 2023 2,360 SF
Newfield, NJ 08344-9556 $242,000 Aug 2021 2,472 SF
994 Harding, Newfield, NJ 08344-5312 $100,000 Jun 2020 2,588 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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