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Financial
Distress signals
Property profile

707-11 So 2nd St 11 Plainfield, NJ 07060

OFF-MARKET
Industrial properties
Property ID
US59-1851879
1,520 SF 0.25 ac lot Built 1905
Last sale Jul 2014 · $40,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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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?
$3k
Tax billed · 2022
Assessed value · 2023$30k
Assessed land$24k
Assessed improvement$6k
Effective rate8.46%

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$295k

Realmo valuation models over county records and 6 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 comparables6

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?
R-4
R-4: Moderate Density Residential Zone District. [MC 2002-29 § 17:9-8, December 2, 2002; MC 2007-04 Exh. A, June 20, 2007] A. Purpose. Th...
General categoryRESIDENTIAL
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 agency13.2
Locksmith9.3
HVAC Service8.8

Location

707-11 So 2nd St, Unit 11 Plainfield, NJ 07060-2003
County assessor Recorded deeds · 3 transfers 6 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 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
400 Watchung, Plainfield, NJ 07060-1719 $700,000 Oct 2023 13,476 SF
347 3rd, Plainfield, NJ 07060-1823 $5,200,000 May 2023 29,192 SF
601 Nn, Plainfield, NJ 07060-1418 $750,000 Apr 2023 No data
313 3rd, Plainfield, NJ 07060-1823 $2,400,000 Nov 2022 No data
610 Nn, Plainfield, NJ 07060-1419 $1,500,000 Feb 2021 25,418 SF
223 Madison, Plainfield, NJ 07060-1101 $875,000 Dec 2019 12,893 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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