Property profile

59 Hwy 516 Old Bridge, NJ 08857

OFF-MARKET
Commercial real estate
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Property ID
US59-1282379
7,804 SF 0.58 ac
Last sale Jun 2025·$705,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional two-story commercial building, located at 59 Highway 516 Road in Old Bridge, New Jersey, 08857, presents a unique investment opportunity. The property, encompassing 0.576 square feet of land, is ideally suited for a diverse range of businesses. Its design caters to the needs of various professionals, including medical practitioners (doctors, dentists, and primary care physicians), healthcare specialists, legal firms, insurance agencies, mortgage specialists, title companies,…

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?
$10k
Tax billed · 2022
Assessed value · 2023$198k
Assessed land$73k
Assessed improvement$125k
Effective rate5.29%

Value estimate

· Nov 2026
$785k
$707k – $864k
AI approach$745k
Submarket $/SF estimate$727k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$185/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$93 – $339
Qualifying comparables12

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?
OG1
The purpose of this zone is to provide development opportunities for establishments primarily engaged in rendering a wide variety of serv...
General categoryCOMMERCIAL
JurisdictionMIDDLESEX

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 agency35.5
Law Firm24.0
Building Supply23.5

Location

59 Hwy 516 Old Bridge, NJ 08857-1416
County assessor Recorded deeds · 4 transfers 12 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
2658 Hwy 516, Old Bridge, NJ 08857-2392 $2,625,000 Oct 2025 7,801 SF
3698 Us Hwy 9th, Old Bridge, NJ 08857-3516 $24,100,000 Sep 2025 7,804 SF
2650 Hwy 516, Old Bridge, NJ 08857-2392 $475,000 Feb 2024 7,801 SF
1 Worth, Old Bridge, NJ 08857-1822 $450,000 Sep 2023 7,803 SF
1400 Us Hwy 9th, Old Bridge, NJ 08857-2862 $1,330,000 Jan 2023 7,801 SF
523 Marlboro, Old Bridge, NJ 08857-3712 $1,500,000 Aug 2022 7,804 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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Includes: Price & PSF · Cap rate · Location · Zoning

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