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    Property profile & analytics

    242 Main St Norristown, PA 19401-4658

    • Investment properties
    • 2,487 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $160,000
    Last Sale
    Jan 06, 2020
    $140,000
    Location Intelligence
    Property ID
    US73-3880212
    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

    • Klanai Hair & Boutique / Boutique
    • Grace natural hair inside bump and curl / Hairdresser

    Property Details for 242 Main St

    Year built
    1910
    Lot size
    0.03 lot acres
    Property size
    2,487 SF
    Zone code
    TC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    13-00-22524-00-8
    APU
    130022524008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3488
    Latitude
    40.1161
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD 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
    2023
    $2,330
    $32,600
    $5,360
    $37,960
    -
    $32,600
    $5,360
    $37,960

    Comparable in this City

    • Value Estimation by Request
      7,232 SF

      418 Marshall St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,232 SF
      418 Marshall St, Norristown, PA 19401-4640
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    • Value Estimation by Request
      3,080 SF

      517 Swede St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,080 SF
      517 Swede St, Norristown, PA 19401-4806
      View Details
    • Value Estimation by Request
      4,177 SF

      601 Swede St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,177 SF
      601 Swede St, Norristown, PA 19401-3900
      View Details
    • Value Estimation by Request
      3,330 SF

      239 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,330 SF
      239 Main St, Norristown, PA 19401-5004
      View Details
    • Value Estimation by Request
      5,292 SF

      1215 Dekalb St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,292 SF
      1215 Dekalb St, Norristown, PA 19401-3415
      View Details
    • Value Estimation by Request
      5,964 SF

      1313 Dekalb St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,964 SF
      1313 Dekalb St, Norristown, PA 19401-3403
      View Details

    Similar Nearby for Sale

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      you'll quickly recognize the building's unique character and impressive ceiling height- which effortlessly join to replicate the feel of a \""big city\"" atmosphere. The 1st floor features a greeting and waiting area
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    Similar Nearby for Lease

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      Northtowne Plaza: Retail Space Available

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    • $1,000 /Mo
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      NORRISTOWN Commercial Space For Lease

      Commercial space suitable for office, workspace, or small store.
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      Retail Space on Main Street

      Retail space with high visibility and foot traffic available for lease.
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      Retail Space on Germantown Pike

      Retail opportunity with strong demographics and traffic counts.
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    Property Visit Statistics

    • Visits by month
      26.0k
    • Visitors by month
      13.8k
    • Avg Time on site
      11 min
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    242 Main St
    Norristown, PA 19401-4658
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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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