Financial
Distress signals
Property profile

602 Franklin Ave Nutley, NJ 07110

OFF-MARKET
Commercial real estate
Property ID
US59-2026073
1,859 SF 0.19 ac lot Built 1910
Last sale Jan 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?

$24k
Tax billed · 2022
Assessed value$903k
Assessed land$418k
Assessed improvement$485k
Effective rate2.62%
Value estimate · Sep 2026
$525k
$473k – $578k
AI approach$525k

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

Recently sold

What actually traded nearby?

$295/SF
County average, outlier-cleaned · 734 recorded sales of this use type
Observed band · Q1–Q3$160 – $468
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?

B-1
Permitted uses in B-1 Zoning District. The following uses are permitted in the B-1 Zoning District: A. Professional offices. [Amended 2-1...
General categoryCOMMERCIAL
JurisdictionESSEX
Location intelligence

Which uses thrive at this corner?

Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market9.9
Parking Facility10.3
Computer & Electronic Repair9.8

Location

602 Franklin Ave Nutley, NJ 07110-1253
County assessor Recorded deeds · 4 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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