Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    588 Mtn Ave North Plainfield, NJ 07060-3807

    • Commercial real estate
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $2,265,000
    Last Sale
    May 20, 2024
    $2,250,000
    Location Intelligence
    Property ID
    US59-2052056
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 588 Mtn Ave

    Year built
    1974
    Construction
    CONCRETE BLOCKS
    Lot size
    0.60 lot acres
    Zone code
    R2
    Property type
    Commercial real estate
    APN
    14 00001-0000-00001
    APU
    1400001000000001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,265,000
      6.5%
      $2,125,000
      7%
      $2,075,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,460,000
      Geo Method
      $2,380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,185,000
      Retail
      $2,205,000
      Mixed-Use
      $2,550,000
      Hospitality
      $2,455,000
      Educational
      $2,125,000
      Residential Income
      $2,220,000
      Energy
      $2,145,000
      Income-Based Land
      $2,290,000
      Food Service
      $1,915,000

    Location Insight

    • Map
    • Local Demand
    City
    North Plainfield
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4144
    Latitude
    40.6411
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $57,387
    $198,000
    $1,208,200
    $1,406,200
    -
    $198,000
    $1,208,200
    $1,406,200

    Comparable in this City

    • Value Estimation by Request

      900 Njsh 22e

      COMMERCIAL (GENERAL)
      900 Njsh 22e, Plainfield, NJ 07060
      View Details
    • Value Estimation by Request
      1.38 Acres

      117 7th St, Unit 27

      COMMERCIAL (GENERAL) • 1.38 Acres
      117 7th St, Plainfield, NJ 07060-1723
      View Details
    • Value Estimation by Request

      450 End Ave

      COMMERCIAL (GENERAL)
      450 End Ave, North Plainfield, NJ 07060-6663
      View Details
    • Value Estimation by Request
      3.89 Acres

      2 Interhaven Ave

      COMMERCIAL (GENERAL) • 3.89 Acres
      2 Interhaven Ave, North Plainfield, NJ 07060-3603
      View Details
    • Value Estimation by Request

      179 Somerset St, Unit 189

      COMMERCIAL (GENERAL)
      179 Somerset St, North Plainfield, NJ 07060-4831
      View Details
    • Value Estimation by Request
      0.81 Acres

      50 Somerset St, Unit 66

      COMMERCIAL (GENERAL) • 0.81 Acres
      50 Somerset St, North Plainfield, NJ 07060-4828
      View Details

    Similar Nearby for Sale

    • $325,000

      Prime Plainfield Office Condo

      Executive Suite, 1200 sq ft, $325K
      1030 Park Ave, Plainfield, NJ 07060
      View Details
    • $225,000

      Renovated Condo with Private Balcony

      Stylish 1-bed, 1-bath condo near shopping, dining, and transit.
      1300 Rock Ave, Plainfield, NJ 07060
      View Details
    • $609,900

      Charming Two-Family Home with Garage

      Well-maintained two-family home with garage, ideal for owner-occupants/investors.
      277 Watchung Ave, North Plainfield, NJ 07060
      View Details
    • $924,000
      Pending

      Plainfield Three-Family Home For Sale

      Three-unit residential income property in desirable Plainfield neighborhood, ideal for commuters.
      819-825 Kensington Ave, Plainfield, NJ 07060
      View Details
    • $499,999
      Pending

      Plainfield Multi-Family Near Train

      Two-unit property in Plainfield near train station with Manhattan access.
      402-04 E 2Nd St, Plainfield, NJ 07060
      View Details
    • New
      $799,900
      Pending

      Updated Multi-Family Home with Pool

      Updated two-family home in Plainfield with in-ground pool.
      1627 Prospect Ave, Plainfield, NJ 07060
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      2,000 SF

      Prime Somerset County Office Space

      Newly renovated, flexible office suites available.
      339 Somerset St, North Plainfield, NJ 07060
      View Details
    • $2,950 /Mo

      Historic Townhouse Apartment with Stained Glass

      Spacious townhouse-style apartment in historic mansion with modern amenities.
      527 W 8Th St, Plainfield, NJ 07060
      View Details
    • $1,400 /Mo
      34,848 SF

      Modern Salon and Office Suites

      State-of-the-art salon and office suites with flexible lease options.
      116 Us Highway 22, Plainfield, NJ 07060
      View Details
    • $8 SF/Yr
      7,000 SF

      Prime North Plainfield Warehouse

      7,000 SF Warehouse, 6,000 SF Available
      13-23 Steiner Pl, North Plainfield, NJ 07060
      View Details
    • Contact for pricing
      6,000 SF

      Industrial Space Available For Lease

      6,000 SF freestanding industrial property available for lease.
      13 Steiner Pl, North Plainfield, NJ 07060
      View Details
    • $1,900 /Mo

      Luxury Building with Modern Amenities

      Apartment building featuring a roof terrace, game room, and fitness center.
      321 E 3Rd St, Plainfield, NJ 07060
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    588 Mtn Ave
    North Plainfield, NJ 07060-3807
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.