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Property profile & analytics
OFF-MARKET
Estimated value
$260,000
Residential income homes
155-159 Buffalo Ave 159 Egg Harbor City, NJ 08215-1921
Individually Owned
9-yr Hold
Absentee Owner
Property ID
US59-0979179
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1910
Construction
FRAME
Total area
2,880 SF
Lot
0.11 ac (5,001 SF)
Zoning code
R-6
APN
07 00321-0000-00016- 01
UPID
US59-0979179
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$260k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$260k
Owner & transaction history
Steven Fitzgerald · 9 yrs held
Steven Fitzgerald
since 2016
4 recorded transactions
Zoning & alternative use
R-6 · Egg Harbor City, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
is chapter. District Symbol Residential (22,500-square-foot minimum lot) R-22 Residential (11,250-square-foot minimum lot) R-11 Residential (9,000-square-foot minimum lot) R-9 Residential (6,000-square-foot minimum lot) R-6 Residential (3.2-acre minimum lot) R-3.2 Residential (forest, 20-acre minimum lot) R-20F Preservation PA Retail Commercial RC Highway Co…
Zone name
Single Family Residential 6000 Square Feet
General category
RESIDENTIAL
Zone area
137.91 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Egg Harbor City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Egg Harbor City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$260k
Range $234k – $286k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$90 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,708
Tax year 2022
Assessed value
$159,700
Assessed 2023
Previous assessed
$159,700
+0.0% YoY
Effective rate
5.45%
On assessed value
Assessed land
$54,000
Assessed improvement
$105,700
Land market value
$54,000
Improvement market value
$105,700
Total market value
$159,700
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
NONE
Stories
2
Units
4
Total area
2,880 SF
Lot
0.11 ac (5,001 SF)
Zoning code
R-6
APN
07 00321-0000-00016- 01
UPID
US59-0979179
Jurisdiction
ATLANTIC
Zoning & alternative use
R-6 · Egg Harbor City, NJZoning R-6 · permitted uses
R-6 · Egg Harbor City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
is chapter. District Symbol Residential (22,500-square-foot minimum lot) R-22 Residential (11,250-square-foot minimum lot) R-11 Residential (9,000-square-foot minimum lot) R-9 Residential (6,000-square-foot minimum lot) R-6 Residential (3.2-acre minimum lot) R-3.2 Residential (forest, 20-acre minimum lot) R-20F Preservation PA Retail Commercial RC Highway Commercial HC Industrial IND Industrial Business Park IBP Commercial X CX Commercial
Zone name
Single Family Residential 6000 Square Feet
General category
RESIDENTIAL
Zone area
137.91 ac
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
NONE
Stories
2
Units
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
Steven Fitzgerald
Individual
Mailing address
118 BAYVIEW DR, ABSECON, NJ 08201-1104
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2016
$140,000
Steven Fitzgerald
Portscher,larry G
Grant Deed
$140,000 · First Nat'l Bk/absecon
Sep 14, 2016
—
Larry G Portscher
Portscher Glen H
Quit Claim Deed
related
—
Sep 16, 2014
—
Glen H Portscher
Portscher G & E Trust
Quit Claim Deed
related
—
Jan 10, 2003
—
Portscher,tr
Portscher,george H & Ethel E
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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