Realmo Analytics

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

Property profile

599 Springfield Ave Berkeley Heights, NJ 07922

FOR LEASE
Other commercial real estate
Property ID
US59-1548894
5,020 SF 0.61 ac lot Built 1978
Last sale Apr 2021 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building offering small office suites with private offices and secured access. It was renovated and is maintained inside and out, with on-site security cameras. The building includes shared amenities such as a conference room, restrooms, and a kitchenette, and provides on-site parking. Suites are configured for office use and include WiFi access, while utility services are handled through the building rather than directly by individual occupants.

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?
$14k
Tax billed · 2022
Assessed value · 2023$332k
Assessed land$233k
Assessed improvement$99k
Effective rate4.20%

Value estimate

· Nov 2026
$1.15M
$1.03M – $1.26M
AI approach$1.12M
CAP approach$1.02M
Submarket $/SF estimate$769k
NOI build-up
Gross scheduled income$9k
Vacancy & credit loss−$3k
Operating expenses−$2k
NOI · 706.15% cap applied$5k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$248/SF
County average, outlier-cleaned · 826 recorded sales of this use type
Observed band · Q1–Q3$153 – $369
Qualifying comparables13

Cap rate analysis

How does the asset earn?
706.15%
$5k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HB-2
JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm9.6
Parking Facility9.5
Auto Parts Store9.5

Location

599 Springfield Ave Berkeley Heights, NJ 07922
County assessor Recorded deeds · 2 transfers 13 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
134 Snyder, Berkeley Heights, NJ 07922-1101 $485,000 Apr 2023 1,764 SF
535 Springfield, Berkeley Heights, NJ 07922 $1,438,264 Jan 2019 2,552 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
Research This Page with AI

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

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

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