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    Property profile & analytics

    1891 Rte 50 Woodbine, NJ 08270-3225

    • Office buildings
    • 100 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 30, 2024
    $60,000
    Location Intelligence
    Property ID
    US59-0560229
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 1891 Rte 50

    Construction
    FRAME
    Lot size
    1.40 lot acres
    Property size
    100 SF
    Zone code
    CM4
    Property type
    Office buildings
    APN
    11 00348-0000-00080
    APU
    1100348000000080

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Woodbine
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.7493
    Latitude
    39.2818
    CBSA code
    36140
    CBSA name
    OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $5,144
    $107,600
    $129,000
    $236,600
    -
    $107,600
    $129,000
    $236,600

    Comparable in this City

    • Value Estimation by Request
      7.50 Acres

      326 Scott Ave

      OFFICE BUILDING • 7.50 Acres
      326 Scott Ave, Woodbine, NJ 08270-2439
      View Details
    • Value Estimation
      $315,000
      2,384 SF

      2 Meadowview Ln

      OFFICE BUILDING • 2,384 SF
      2 Meadowview Ln, Woodbine, NJ 08270-3231
      View Details
    • Value Estimation by Request
      2,659 SF

      188 Head Of The Riv Rd

      OFFICE BUILDING • 2,659 SF
      188 Head Of The Riv Rd, Woodbine, NJ 08270-3433
      View Details
    • Value Estimation by Request
      7.50 Acres

      201 Heine Ave

      OFFICE BUILDING • 7.50 Acres
      201 Heine Ave, Woodbine, NJ 08270-2456
      View Details
    • Value Estimation by Request
      2.45 Acres

      Teal Ave

      COMMERCIAL (GENERAL) • 2.45 Acres
      Teal Ave, Woodbine, NJ 08270
      View Details
    • Value Estimation by Request
      0.35 Acres

      517 Adams Ave

      INDUSTRIAL (GENERAL) • 0.35 Acres
      517 Adams Ave, Woodbine, NJ 08270-2100
      View Details

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    1891 Rte 50
    Woodbine, NJ 08270-3225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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