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    Property profile & analytics

    309 Brooke Ave Magnolia, NJ 08049-1104

    • Residential income homes
    • 4.10 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 22, 2022
    Location Intelligence
    Property ID
    US59-1701709
    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

    • Coventry Place Apartments / Apartment Complex

    Property Details for 309 Brooke Ave

    Lot size
    4.10 lot acres
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    23 00006-0000-00014
    APU
    2300006000000014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0392
    Latitude
    39.8583
    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
    2022
    $260,034
    $1,638,000
    $4,062,000
    $5,700,000
    -
    $1,638,000
    $4,062,000
    $5,700,000

    Comparable in this City

    • Value Estimation
      $210,000
      3,018 SF

      701 Warwick Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,018 SF
      701 Warwick Rd, Magnolia, NJ 08049-1348
      View Details
    • Value Estimation
      $2,725,000
      0.91 Acres

      505 White Horse Pike

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.91 Acres
      505 White Horse Pike, Magnolia, NJ 08049
      View Details
    • Value Estimation
      $330,000
      3,188 SF

      429 Jackson Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,188 SF
      429 Jackson Ave, Magnolia, NJ 08049-1100
      View Details
    • Value Estimation by Request
      0.57 Acres

      420 White Horse Pike

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.57 Acres
      420 White Horse Pike, Magnolia, NJ 08049-1415
      View Details
    • Value Estimation by Request
      1.22 Acres

      200 Washington Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1.22 Acres
      200 Washington Ave, Magnolia, NJ 08049-1738
      View Details
    • Value Estimation
      $270,000
      1,508 SF

      426 White Horse Pike

      COMMERCIAL (GENERAL) • 1,508 SF
      426 White Horse Pike, Magnolia, NJ 08049-1443
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Magnolia Retail/Office Space Available

      Versatile commercial space suitable for office, retail, or professional services.
      209 E Evesham Ave, Magnolia, NJ 08049
      View Details
    • $165,000
      0.76 Acres

      Magnolia Land For Sale

      0.76 acre property with commercial use variance in Magnolia, NJ.
      327 E Evesham Ave, Magnolia, NJ 08049
      View Details
    • $339,000

      Commercial Land on White Horse Pike

      Commercial land available on White Horse Pike in Magnolia, NJ.
      431 N White Horse Pike, Magnolia, NJ 08049
      View Details
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    309 Brooke Ave
    Magnolia, NJ 08049-1104
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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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