Entity Owned Property summary
This exceptional retail space, located at 491 Springfield Avenue in the heart of Downtown Berkeley Heights, New Jersey, offers a unique opportunity for a discerning business owner. The property boasts a versatile 1,600 to 1,800 square foot layout, currently configured as a turnkey tile store, complete with an attached garage. Its prime location on Springfield Avenue ensures high visibility and significant foot traffic. The property is zoned for commercial use and is conveniently situated… near major transportation arteries, including I-78 and US-22, as well as public transportation options such as train and bus lines, ensuring easy accessibility for both employees and customers. Situated in Union County within the North Jersey submarket and the Downtown Berkeley Heights submarket cluster, this property benefits from a thriving local economy and a strong residential base. The existing tile store setup provides a ready-to-use space, minimizing initial setup costs and allowing for a quick start to operations. This is an ideal opportunity for a business seeking a well-established location with excellent visibility and convenient access to major transportation routes. The property's size and configuration offer flexibility for a variety of retail uses. The inclusion of a garage adds significant value and utility. This property presents a compelling investment opportunity in a desirable and high-traffic area. The zip code is 07922.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 12 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,088 SF
- Lot area
- 0.26 ac
- Year built
- 1935
- Stories
- 1
- APN
- 01 00206-0000-00013
- Zoning
- DD
- Assessed value · 2023
- $424,600
- Annual tax · 2022
- $17,829
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of this zone is to foster a vibrant downtown area by permitting a mix of uses. It allows for a variety of retail sales, personal and professional services, and general and medical offices. The zone also accom…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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