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Property profile & analytics
OFF-MARKET
Estimated value
$4,450,000
Residential income homes
170 Blvd Rte 50, Mays Landing, NJ 08330-4322
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1399723
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Construction
FRAME
Lot
33.94 ac (1,478,209 SF)
Zoning code
HC-5
APN
09 00043- 05-00020
UPID
US59-1399723
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
$4.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.45M
Owner & transaction history
Nkr Ohio Holdings LLC · 2 yrs held
Nkr Ohio Holdings LLC
since 2024
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
HC-5 · Mays Landing, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Mays Landing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mays Landing 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
$4,450,000
ML approach
$4,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.45M
Range $4.01M – $4.90M · ±10% · vs last sale $4.45M (Apr 26 2024)
Last sale anchor
$4.45M
Apr 26 2024
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
—
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
$19,669
Tax year 2022
Assessed value
$716,800
Assessed 2023
Previous assessed
$716,800
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$130,000
Assessed improvement
$586,800
Land market value
$130,000
Improvement market value
$586,800
Total market value
$716,800
Applied tax rate
9.0000
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
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
33.94 ac (1,478,209 SF)
Zoning code
HC-5
APN
09 00043- 05-00020
UPID
US59-1399723
Jurisdiction
ATLANTIC
Zoning & alternative use
HC-5 · Mays Landing, NJ
Zoning HC-5 · permitted uses
HC-5 · Mays Landing, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mays Landing. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
33.94 ac
Current owner
From public records · entity-resolved
Nkr Ohio Holdings LLC
Entity
Mailing address
170 RTE 50TH #602, BOCA RATON, FL 33432
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2024
$4,450,000
Nkr Ohio Holdings LLC
170 Route 50 LLC
Special Warranty Deed
—
Dec 19, 2022
$2,000,000
170 Route 50 LLC
170 Estell Manor LLC
Deed
—
Jul 6, 2017
$1,200,000
170 Estell Manor LLC
Ara Partners LLC
Grant Deed
—
Jan 25, 2017
$400,000
Ara Partners LLC
170 Route 50 LLC
Grant Deed
—
Dec 5, 2016
$30,000
Charity Partners Network INC
Four Bs
Grant Deed
—
Dec 5, 2016
—
170 Route 50 LLC
Charity Partners Network INC
Grant Deed
related
—
—
—
Four Bs
—
Deed Of Trust
related
$961,000 · Sun National Bank
—
—
170 Estell Manor LLC
—
Deed Of Trust
related
$440,000 · Suntrust Bk/middle Ga
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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