Property profile

475 Watchung Ave Plainfield, NJ 07069

FOR LEASE
Commercial real estate
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Property ID
US59-1809310
12,293 SF 1 ac Built 1958
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional second-floor office space, located at 475 Watchung Avenue, Unit 7, in Watchung, NJ, presents a fantastic opportunity for businesses seeking a prominent location with easy access to major transportation routes. Boasting approximately one acre of land, this property offers ample space and high visibility, making it ideal for a variety of professional uses. The office space itself has recently undergone renovations, including fresh paint and new flooring, ensuring a modern 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 · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value · 2024$1.86M
Assessed land$625k
Assessed improvement$1.24M
Effective rate1.92%

Value estimate

· Nov 2026
$1.72M
$1.54M – $1.89M
Submarket $/SF estimate$2.05M

Realmo valuation models over county records and 43 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
Submarket average, outlier-cleaned · 104 recorded sales of this use type
Observed band · Q1–Q3$116 – $327
Qualifying comparables43

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?
B-A
Christmas Tree Sales. The annual sale of Christmas trees is permitted in the B-A Neighborhood Commercial, the B-C Highway Commercial and ...
General categoryCOMMERCIAL
JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.8
Cafe & Coffee Shop9.1
Wholesale Shop9.1

Location

475 Watchung Ave Plainfield, NJ 07069
County assessor Recorded deeds · not on file 43 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
141 Stirling, Watchung, NJ 07069-5904 $1,640,000 Mar 2024 5,461 SF
17 Johnston, Watchung, NJ 07069-4904 $887,500 Jan 2024 4,140 SF
736 Mtn, Watchung, NJ 07069-6243 $725,000 Jul 2021 3,286 SF
990 Somerset, Watchung, NJ 07069-6305 $250,300 Mar 2021 2,241 SF
744 Mtn, Watchung, NJ 07069-6297 $900,000 Feb 2021 5,592 SF
20 Stirling, Watchung, NJ 07069-5906 $1,445,000 Jul 2020 13,854 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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Includes: Price & PSF · Cap rate · Location · Zoning

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