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Property profile & analytics
OFF-MARKET
Commercial real estate
293 Old Riv Rd Mays Landing, NJ 08330-1601
Individually Owned
1-yr Hold
Free & Clear
Property ID
US59-2911123
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
FRAME
Total area
13,722 SF
Lot
4.4 ac (191,664 SF)
Zoning code
GA-L
APN
12 00980-0000-00018
UPID
US59-2911123
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
Robert B Johnson JR · 1 yrs held
Robert B Johnson JR
since 2025
Last sale
$287,500
5 recorded transactions
Zoning & alternative use
GA-L · Mays Landing, 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 Mays Landing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mays Landing 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
$13,943
Tax year 2022
Assessed value
$432,200
Assessed 2023
Previous assessed
$432,200
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$136,300
Assessed improvement
$295,900
Land market value
$136,300
Improvement market value
$295,900
Total market value
$432,200
Applied tax rate
12.0000
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
1950
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
13,722 SF
Lot
4.4 ac (191,664 SF)
Zoning code
GA-L
APN
12 00980-0000-00018
UPID
US59-2911123
Jurisdiction
ATLANTIC
Zoning & alternative use
GA-L · Mays Landing, NJZoning GA-L · permitted uses
GA-L · Mays Landing, 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
1950
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
4.4 ac
Current owner
From public records · entity-resolved
Robert B Johnson JR
Individual
Free & Clear · 1 yrs held
Mailing address
293 OLD RIV RD, MAYS LANDING, NJ 08330-1601
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
—
Robert B Johnson JR
Robert B Johnson JR
Deed
related
—
Sep 4, 2008
$9,500
Robert J Johnson JR.
Johnson Robert J SR
Grant Deed
related
—
Oct 2, 2007
—
Cynthia B Peterson
Peterson Brickwork INC
Quit Claim Deed
related
—
Oct 2, 2007
$287,500
Robert B Johnson JR.
Peterson,cynthia B
Grant Deed
—
Apr 26, 2005
—
Ronald A Seagraves
—
Trustees Deed
related
$600,000 · Minotola National 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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