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Property summary
This exceptional mixed-use property, located at 66 South Finley Avenue in the heart of downtown Basking Ridge, New Jersey, presents a rare investment opportunity. The 1,953 square foot building boasts three long-term tenants: Edward Jones Investments, Wabba Travel, and Country Tailor, ensuring 100% occupancy. With a remaining lease term of 3.6 years (expiring June 30, 2028), this property offers immediate cash flow and significant long-term potential. The building features a modified net… lease structure, with two leases including gross plus taxes over base year and one net-net-plus lease with taxes over base year. The asking price is $1,065,000, representing a compelling $545.31 per square foot and a 5.74% cap rate based on a current NOI of $61,081. Situated on a prime corner lot, the building benefits from ample free municipal parking and excellent street parking. Renovated in 2014 with Hardi-plank siding and a new roof, this well-maintained three-story building requires no deferred maintenance. The property is zoned B1 commercial and enjoys prominent signage opportunities. This is a cornerstone property in downtown Basking Ridge, offering a stable investment with a history of consistent occupancy and strong tenant relationships. Showings are by appointment only. Please do not approach tenants.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 58 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,830 SF
- Year built
- 1920
- APN
- 02 01603-0000-00008- 01
- Zoning
- B1
- Assessed value · 2023
- $549,000
- Annual tax · 2022
- $11,040
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2022
- $11,040
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Basking Ridge market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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