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Property profile & analytics
OFF-MARKET
Commercial real estate
217 Madison Ave Lumberton, NJ 08048-2901
Individually Owned
12-yr Hold
Free & Clear
Property ID
US59-2971727
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Construction
BRICK
Total area
1,990 SF
Lot
0.34 ac (14,998 SF)
Zoning code
R75
APN
17 00009-0000-00014
UPID
US59-2971727
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
Current use
Occupant on record · Public records
-
Virtua Health Inc Gym & Fitness Center
-
Virtua Surgical Group Medical Clinic Hospital
-
Alyssa Angelino Physician
-
Dr. Jeffrey J. Thomas, MD Physician
-
Northern Burlington Family Medicine Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Virtua-memorial Hospitale Burli · 12 yrs held
Virtua-memorial Hospitale Burli
since 2013
6 recorded transactions
Zoning & alternative use
R75 · Lumberton, 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 Lumberton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lumberton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$13,113
Tax year 2022
Assessed value
$536,300
Assessed 2023
Previous assessed
$536,300
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$78,400
Assessed improvement
$457,900
Land market value
$78,400
Improvement market value
$457,900
Total market value
$536,300
Applied tax rate
17.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Total area
1,990 SF
Lot
0.34 ac (14,998 SF)
Zoning code
R75
APN
17 00009-0000-00014
UPID
US59-2971727
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
R75 · Lumberton, NJZoning R75 · permitted uses
R75 · Lumberton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Virtua-memorial Hospitale Burli
Individual
Free & Clear · 12 yrs held
Mailing address
20 W STOW RD STE #3, MARLTON, NJ 08053-3160
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2013
—
Virtua-memorial Hospitale Burli
Summit Healt-virtua INC
Quit Claim Deed
related
—
Jan 7, 2008
$485,000
Summit Health-virtua INC
Kenneth Stevens Group LLC
Grant Deed
—
—
—
Pilkay Realty LLC
—
Deed Of Trust
related
$75,000 · Roebling Bank
—
—
Pilkay Realty LLC
—
Deed Of Trust
related
$275,000 · Roebling Bank
—
—
Pilkay Realty LLC
—
Deed Of Trust
related
$65,000 · Roebling Bank
—
—
Pilkay Realty LLC
—
Deed Of Trust
related
$20,000 · Roebling Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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