Financial
Distress signals
Property profile

586 Newark Ave Jersey City, NJ 07306

OFF-MARKET
Other commercial real estate
Property ID
US59-2047952
18,375 SF 0.09 ac lot Built 1884
Last sale Oct 2016 · $1,636,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 3,000-square-foot office building configured for office or medical use, featuring elevator service and a security system. The property is situated directly across from the Hudson County Courthouse.

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?
$55k
Tax billed · 2022
Assessed value · 2023$2.58M
Assessed land$371k
Assessed improvement$2.21M
Effective rate2.12%

Value estimate

· Sep 2026
$2.76M
$2.48M – $3.04M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$327/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$128 – $478
Qualifying comparables7

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?
C-2
JurisdictionHUDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Supply Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Supply Store8.5
Veterinary Clinic8.4
Assisted Living Facility8.4

Location

586 Newark Ave Jersey City, NJ 07306-2302
County assessor Recorded deeds · 3 transfers 7 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
578 Newark, Jersey City, NJ 07306-2302 $1,180,000 Feb 2026 No data
819 Bergen, Jersey City, NJ 07306-4517 $725,000 Dec 2025 No data
753 Side, Jersey City, NJ 07306-6056 $1,300,000 Sep 2025 No data
126 Logan, Jersey City, NJ 07306-6906 $700,000 Aug 2025 No data
99 Storms Ave, Jersey City, NJ 07306-4709 $765,000 Jul 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
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