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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Commercial real estate
244 Main St Mullica Hill, NJ 08062-2604
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-3085413
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1770
Construction
FRAME
Total area
2,613 SF
Lot
0.46 ac (20,038 SF)
Zoning code
PO
APN
08 00043- 01-00004
UPID
US59-3085413
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
-
Main Street Music Vocational School Training Center
-
A-Team Driving School Training Center Vocational School
-
A BETTER JANITORIAL SERVICE General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
$445k
Comparable Approach
Comparable
$465k
Blend (final)
Blend
$590k
Owner & transaction history
244 North Main Street Mullica Hill · 4 yrs held
244 North Main Street Mullica Hill
since 2022
Last sale
$590,000
4 recorded transactions
Zoning & alternative use
PO · Mullica Hill, 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 Mullica Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mullica Hill 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
$660,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
$480,000
6.5%
$445,000
7%
$410,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $590k (Jun 30 2022)
Last sale anchor
$590k
Jun 30 2022
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
$226 / SF
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
$13,896
Tax year 2022
Assessed value
$433,700
Assessed 2023
Previous assessed
$433,700
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$104,000
Assessed improvement
$329,700
Land market value
$104,000
Improvement market value
$329,700
Total market value
$433,700
Applied tax rate
8.0000
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
1770
Construction
FRAME
Heating
NONE
Stories
1
Total area
2,613 SF
Lot
0.46 ac (20,038 SF)
Zoning code
PO
APN
08 00043- 01-00004
UPID
US59-3085413
Jurisdiction
GLOUCESTER
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
PO · Mullica Hill, NJZoning PO · permitted uses
PO · Mullica Hill, 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
1770
Construction
FRAME
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
244 North Main Street Mullica Hill
Individual
Mailing address
5 BUTTONWOOD DR, PILESGROVE, NJ 08098-2435
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2022
$590,000
244 North Main Street Mullica Hill
Helwig LLC
Deed
$550,000 · Thomas W Helwig Etal
Apr 28, 2003
$310,000
Helwig LLC
Powell,robert & Carol S
Grant Deed
$300,000 · Robert & Carol S Powell
—
—
Angelina M Matese
—
Deed Of Trust
related
$101,875 · Ctx Mortgage Co
—
—
Helwig LLC
—
Loan Modification
related
$194,638 · Robert & Carol S Powell
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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