Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

515 Church St Bound Brook, NJ 08805

FOR SALE
Other commercial real estate
Property ID
US59-1593776
0.6 ac lot Built 1968
Last sale Sep 2022 · $1,075,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A four-unit, corner-configured professional medical office building located at 515 Church St, Unit 515 in Bound Brook, NJ 08805, with parking provided on-site and convenient access to major routes including RT 28, RT 22, I-287, and RWJ University Hospital Somerset. The property is arranged as a multi-tenant office building intended for medical and/or general office use and is set up to accommodate separate tenants within four units. Publicly noted location and access support frequent visits and commuting for patients and office users.

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?
$19k
Tax billed · 2022
Assessed value · 2023$855k
Assessed land$229k
Assessed improvement$627k
Effective rate2.24%

Value estimate

· Nov 2026
$1.28M
$1.15M – $1.40M
AI approach$1.26M
NOI build-up
Gross scheduled income$217k
Vacancy & credit loss−$69k
Operating expenses−$37k
NOI · 7.90% cap applied$111k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$256/SF
County average, outlier-cleaned · 255 recorded sales of this use type
Observed band · Q1–Q3$161 – $386

Cap rate analysis

How does the asset earn?
7.90%
$111k 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.

JurisdictionSOMERSET

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 agency10.5
Skin Care Clinic10.4
Computer & Electronic Repair10.0

Location

515 Church St Bound Brook, NJ 08805
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
465 Un, Bound Brook, NJ 08805-1223 $900,000 Dec 2025 No data
113 Main, Bound Brook, NJ 08805-2027 $630,000 May 2025 No data
31 Main, Bound Brook, NJ 08805-1964 $3,725,000 May 2025 No data
29 Main, Bound Brook, NJ 08805-1964 $3,725,000 May 2025 No data
1 Drake, Bound Brook, NJ 08805 $3,725,000 May 2025 No data
25 Main, Bound Brook, NJ 08805-1964 $3,725,000 May 2025 No data
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved