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Property profile & analytics
OFF-MARKET
Residential income homes
23-27 Un St 27 Burlington, NJ 08016-1541
Entity Owned
4-yr Hold
Property ID
US59-2922743
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1860
Total area
6,858 SF
Lot
0.09 ac (3,777 SF)
Zoning code
TC-1
APN
05 00118-0000-00039
UPID
US59-2922743
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tamarand 23 27 E Union Street LLC · 4 yrs held
Tamarand 23 27 E Union Street LLC
since 2022
Last sale
$130,000
3 recorded transactions
Zoning & alternative use
TC-1 · Burlington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Residential Neighborhood District. § 207-74 R-2 Suburban Residential Neighborhood District. § 207-75 R-3 Suburban Residential Neighborhood District. § 207-76 TRN Traditional Residential Neighborhoods District. § 207-77 TC-1 Town Center District. § 207-77.1 Arts and Cultural District Overlay (ACD) within TC-1. § 207-78 TC-2 Town Center District. § 207-79 NC-1…
Zone name
Town Center District
General category
CIVIC_INSTITUTIONAL
Zone area
66.59 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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
$17,367
Tax year 2022
Assessed value
$412,800
Assessed 2023
Previous assessed
$412,800
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$68,000
Assessed improvement
$344,800
Land market value
$68,000
Improvement market value
$344,800
Total market value
$412,800
Applied tax rate
5.0000
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
1860
Heating
NONE
Stories
3
Units
1
Total area
6,858 SF
Lot
0.09 ac (3,777 SF)
Zoning code
TC-1
APN
05 00118-0000-00039
UPID
US59-2922743
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
TC-1 · Burlington, NJZoning TC-1 · permitted uses
TC-1 · Burlington, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Residential Neighborhood District. § 207-74 R-2 Suburban Residential Neighborhood District. § 207-75 R-3 Suburban Residential Neighborhood District. § 207-76 TRN Traditional Residential Neighborhoods District. § 207-77 TC-1 Town Center District. § 207-77.1 Arts and Cultural District Overlay (ACD) within TC-1. § 207-78 TC-2 Town Center District. § 207-79 NC-1 Neighborhood Center District. § 207-80 W-1 Waterfront District. § 207-81 HC-1 High
Zone name
Town Center District
General category
CIVIC_INSTITUTIONAL
Zone area
66.59 ac
Building & site characteristics
From public records
Year built
1860
Heating
NONE
Stories
3
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Tamarand 23 27 E Union Street LLC
Entity
Mailing address
513 W MT PLEASANT AVE STE #208, LIVINGSTON, NJ 07039-1721
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2022
—
Tamarand 23 27 E Union Street LLC
Tamarand Realty LLC
Intrafamily Transfer
related
$982,500 · Provident Bank
Sep 19, 2016
$130,000
Tamarand Realty LLC
Allen,derek & Gloria
Grant Deed
—
Apr 8, 2008
$378,750
Derek Allen
Errichetti,mark
Grant Deed
$308,827 · Wachovia Bank NA
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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