Financial
Distress signals
Property profile

56 Progress Pl Jackson, NJ 08527

OFF-MARKET
Commercial real estate
Property ID
US59-0954365
15,690 SF 0.75 ac lot
Last sale Aug 2024 · $4,100,000
Individually Owned Owner of record is an individual. 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

This exceptional commercial property located at 56 Progress Place Unit 56, Jackson, NJ, presents a unique investment opportunity. Priced at $4,500,000, the property offers significant potential for diverse uses. The expansive interior boasts impressive 25-foot high ceilings, providing ample space and flexibility for a variety of business configurations. The current zoning designation is LI, allowing for a range of commercial activities. A key feature is the possibility of subdividing the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$23k
Tax billed · 2022
Assessed value · 2023$900k
Assessed land$206k
Assessed improvement$694k
Effective rate2.51%

Value estimate

· Sep 2026
$520k
$468k – $572k
Submarket $/SF estimate$1.26M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$337/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$164 – $478
Qualifying comparables11

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?
LM
JurisdictionOCEAN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.0
Electrical Service8.9
Auto Parts Store8.7

Location

56 Progress Pl Jackson, NJ 08527-3082
County assessor Recorded deeds · 5 transfers 11 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
10 Hope Chapel, Jackson, NJ 08527-5086 $3,500,000 Apr 2025 5,700 SF
130 County Line, Jackson, NJ 08527-4788 $3,300,000 Dec 2024 10,080 SF
957 Patterson, Jackson, NJ 08527-4900 $315,146 Oct 2024 3,349 SF
1 New Prospect, Jackson, NJ 08527-1354 $2,650,000 Dec 2023 11,421 SF
385 County Line, Jackson, NJ 08527-4426 $3,200,000 Aug 2023 8,720 SF
109 Pleasant Grv, Jackson, NJ 08527-4237 $930,000 Aug 2023 3,538 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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