Property profile

17 Main St Elmer, NJ 08318

OFF-MARKET
Commercial real estate
Property ID
US59-1260467
3,513 SF 0.21 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property at 17 S Main Street, Elmer, NJ, presents a unique investment opportunity. The 4,000 square foot building, constructed in the 1900s, boasts a spacious, adaptable commercial space on the ground floor, ideal for a variety of businesses. Its prime South Main Street location ensures high visibility and consistent foot traffic. The open floor plan allows for customization to suit diverse business needs, from retail to professional services. Upstairs, a comfortable 1,000+ square foot, two-bedroom, one-bathroom apartment offers residential living for an owner-occupant or potential rental income. This charming apartment blends historic character with modern convenience. The property sits on a 0.21-acre lot, including a sizable backyard. Meticulously maintained, this building offers a blend of historic appeal and modern functionality, making it an attractive option for entrepreneurs and investors seeking a versatile property in a vibrant community. The building's excellent condition and location make it a standout investment in Elmer, NJ. This is a rare opportunity to acquire a property with both commercial and residential income potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 3,513 SF
Lot 0.21 ac (9,135 SF)
Zoning code R125
APN 03 00017-0000-00022
UPID US59-1260467

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17 Main St Elmer, NJ 08318-2232
Elmer metro Census 21000 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2025
Last sale
$450,000
3 recorded transactions
2025
$450,000
2018
$75,000
2016
$10,000

Zoning & alternative use

R125 · Elmer, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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