Financial
Distress signals
Property profile

48 Newark Ave 62 Belleville, NJ 07109

OFF-MARKET
Office buildings
Property ID
US59-1713294
22,140 SF 1 ac lot Built 1965
Last sale Oct 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 9,898 square feet located within a fully accredited acute care healthcare facility. It is part of RWJ Barnabas Health and is supported by a range of associated clinical services and programs, including a comprehensive cancer center, a breast health and disease management center, and a radiation oncology department. The broader facility also includes emergency services and cardiac services. The property includes ample on-site parking for visitors and staff.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$89k
Tax billed · 2023
Assessed value · 2024$2.28M
Assessed land$960k
Assessed improvement$1.32M
Effective rate3.91%

Value estimate

· Sep 2026
$3.30M
$2.97M – $3.63M
Sales comparison$3.75M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$210/SF
County average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$136 – $305
Qualifying comparables4

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

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.

JurisdictionESSEX

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 agency19.5
Parking Facility10.6
Pawn Shop10.6

Location

48 Newark Ave, Unit 62 Belleville, NJ 07109-1136
County assessor Recorded deeds · 2 transfers 4 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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