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Property profile

650 Shunpike Rd Chatham, NJ 07928

OFF-MARKET
Commercial real estate
Property ID
US59-1800535
3.82 ac lot
Last sale Mar 1998 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 650 Shunpike Rd in Chatham Township, New Jersey, within a larger 39,100 square foot shopping center. The property is situated in Morris County, offering convenient access for customers and high visibility. Currently, a single, 2,720 square foot retail space is available for lease, presenting a fantastic chance for businesses seeking a prominent location in a thriving community. The building features a total of one suite, making this a unique…

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?
$117k
Tax billed · 2022
Assessed value · 2023$6.00M
Assessed land$3.82M
Assessed improvement$2.18M
Effective rate1.95%

Value estimate

· Nov 2026
$755k
$680k – $831k
AI approach$755k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$243/SF
County average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$146 – $363

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
This district is intended to promote Business uses
General categoryCOMMERCIAL
JurisdictionMORRIS

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 agency20.1
Wholesale Shop15.1
Hair Salon14.6

Location

650 Shunpike Rd Chatham, NJ 07928-1534
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
57 Riv, Chatham, NJ 07928-1928 $750,000 Jan 2025 1,464 SF
11 Bonnel, Chatham, NJ 07928-1901 $700,000 Jan 2025 690 SF
135 Main, Chatham, NJ 07928-2414 $1,350,000 Jan 2025 3,310 SF
19 Passaic, Chatham, NJ 07928-2525 $950,000 Jan 2024 3,598 SF
170 Main, Chatham, NJ 07928 $2,000,000 Jan 2024 No data
10 Commerce, Chatham, NJ 07928-2703 $710,000 Oct 2023 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
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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