Financial
Distress signals
Property profile

51-55 Main St 55 Madison, NJ 07940

OFF-MARKET
Commercial real estate
Property ID
US59-2085162
16,689 SF 0.25 ac lot Built 1970
Individually Owned Owner of record is an individual. 25-yr Hold Held for 25 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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 · 2022

What does the county charge?
$39k
Tax billed · 2022
Assessed value · 2023$1.92M
Assessed land$934k
Assessed improvement$987k
Effective rate2.05%

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.30M
Sales comparison$1.11M

Realmo valuation models over county records and 33 qualifying comparable sales.

Recently sold

What actually traded nearby?
$574/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$233 – $825
Qualifying comparables33

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?
CBD1
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.6
Hair Salon13.1
Storage Facility12.2

Location

51-55 Main St, Unit 55 Madison, NJ 07940-1830
County assessor Recorded deeds · not on file 33 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
26 Main, Madison, NJ 07940-1844 $19,000,000 Feb 2026 8,256 SF
10 Park, Madison, NJ 07940-1431 $810,000 Jul 2025 10,547 SF
54 Main, Madison, NJ 07940-1928 $350,000 Jul 2024 8,416 SF
35 Community, Madison, NJ 07940 $800,000 Nov 2023 6,700 SF
345 Main, Madison, NJ 07940-2383 $9,250,000 Aug 2022 19,060 SF
262 Main, Madison, NJ 07940-2210 $4,731,000 Aug 2022 7,697 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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