Financial
Distress signals
Property profile

675 Central Ave New Providence, NJ 07974

OFF-MARKET
Other industrial properties
Property ID
US59-0074933
72,700 SF 6.66 ac lot Built 1955
Last sale Sep 2004 · $6,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 675 Central Avenue in New Providence, New Jersey 07974 is an office space configured for commercial real estate use, with approximately 2,595 square feet of interior space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$233k
Tax billed · 2022
Assessed value · 2023$4.73M
Assessed land$1.07M
Assessed improvement$3.66M
Effective rate4.94%

Value estimate

· Sep 2026
$9.41M
$8.46M – $10.35M
CAP approach$12.56M
Submarket $/SF estimate$6.48M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 120 recorded sales of this use type
Observed band · Q1–Q3$111 – $273
Qualifying comparables3

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionUNION

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 agency38.9
Building Supply29.8
Restaurant26.7

Location

675 Central Ave New Providence, NJ 07974-1583
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
755 Central, New Providence, NJ 07974-1116 $1,000,000 Oct 2023 3,780 SF
550 Central, New Providence, NJ 07974-1505 $6,630,000 Sep 2022 91,844 SF
70 Ryder, New Providence, NJ 07974 $13,600,000 Apr 2022 No data
111 Spg, New Providence, NJ 07974-1146 $15,050,000 Sep 2019 No data
41 Spg, New Providence, NJ 07974-1143 $23,000,000 Nov 2018 218,207 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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