Financial
Distress signals
Property profile

715 Morris Tpke Springfield, NJ 07081

OFF-MARKET
Commercial real estate
Property ID
US59-1196027
14,982 SF 2.89 ac lot Built 1960
Last sale Apr 2024 · $9,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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. 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?
$179k
Tax billed · 2022
Assessed value · 2023$8.09M
Assessed land$3.54M
Assessed improvement$4.55M
Effective rate2.22%

Value estimate

· Sep 2026
$9.50M
$8.55M – $10.45M
AI approach$9.50M

Realmo valuation models over county records and 41 qualifying comparable sales.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$139 – $357
Qualifying comparables41

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant25.7
Wholesale Shop19.5
Auto Parts Store17.8

Location

715 Morris Tpke Springfield, NJ 07081-1514
County assessor Recorded deeds · 2 transfers 41 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
345 Us Hwy 22, Springfield, NJ 07081-3511 $7,100,000 Dec 2025 16,301 SF
111 Us Hwy 22, Springfield, NJ 07081-3105 $4,800,000 Mar 2024 17,924 SF
385 Morris, Springfield, NJ 07081-1151 $3,300,000 Feb 2024 11,800 SF
47-51 Commerce, Springfield, NJ 07081-3014 $1,400,000 Feb 2024 10,600 SF
305 Us Hwy 22, Springfield, NJ 07081-3509 $4,800,000 Jun 2023 19,876 SF
136 Mtn, Springfield, NJ 07081 $3,500,000 Nov 2022 10,400 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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