691 Central Ave New Providence, NJ 07974-1560
Property profile & analytics
691 Central Ave, New Providence, NJ 07974-1560
- Industrial properties
- 47,404 SF
- 5.90 lot acres
Property ID
US59-0104559
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 691 Central Ave
- Year built
- 1957
- Construction
- BRICK
- Lot size
- 5.90 lot acres
- Property type
- Industrial properties
- APN
- 11 00220-0000-00026
- APU
- 1100220000000026
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 30, 2026 | — | Kingsbridge 2005 LLC | — | Deed · related | $142.8M · Reznik Paz Nevo Trusts Ltd |
| Oct 16, 2018 | — | Shelbourne Broad Street LLC | — | Deed · related | $93M · Cantor Com'l R/e Lndg |
| Sep 24, 2012 | — | Central Avenue Spe LLC | 691 Central Ave LLC | Quit Claim Deed · related | — |
| Aug 28, 2007 | $3,750,000 | 691 Central Ave LLC | Aircast LLC | Grant Deed | — |
| Dec 27, 2004 | $4,250,000 | Ai Asset Acquisition Co LLC | Aircast INC | Deed Of Trust · related | $70M · Credit Suisse First Boston |
| Aug 4, 1988 | $1,660,806 | 675 Central Avenue Associates | Unknown | Grant Deed | — |
| — | — | Shelbourne Broad Street LLC | — | Deed Of Trust · related | $93M · Cantor Com'l R/e Lndg |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,870,000
- 6.5%
- $8,185,000
- 7%
- $7,600,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $5,328,000
Market price range: $1.60M - $5.33M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $8,205,000 Current use
- OFFICE BUILDING
- $9,655,000 Change: +18% Conversion: Difficult
- RESTAURANT
- $7,555,000 Change: -8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Providence
- County
- Union
- State
- New Jersey
- Longitude
- -74.41
- Latitude
- 40.6986
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$200,236
$1,028,000
$3,027,000
$4,055,000
-
$1,028,000
$3,027,000
$4,055,000