New search
Property profile & analytics
OFF-MARKET
Residential income homes
309 Shr Rd, Northfield, NJ 08225-2526
Individually Owned
3-yr Hold
Property ID
US59-2210613
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1910
Construction
FRAME
Total area
2,012 SF
Lot
0.17 ac (7,601 SF)
Zoning code
R-2
APN
18 00149-0000-00008
UPID
US59-2210613
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
Daniel Kern · 3 yrs held
Daniel Kern
since 2022
Last sale
$249,900
7 recorded transactions
Zoning & alternative use
R-2 · Northfield, 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 Northfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northfield 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
$5,587
Tax year 2022
Assessed value
$160,000
Assessed 2023
Previous assessed
$160,000
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$55,600
Assessed improvement
$104,400
Land market value
$55,600
Improvement market value
$104,400
Total market value
$160,000
Applied tax rate
18.0000
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
1910
Construction
FRAME
Heating
NONE
Stories
1
Units
2
Total area
2,012 SF
Lot
0.17 ac (7,601 SF)
Zoning code
R-2
APN
18 00149-0000-00008
UPID
US59-2210613
Jurisdiction
ATLANTIC
Zoning & alternative use
R-2 · Northfield, NJ
Zoning R-2 · permitted uses
R-2 · Northfield, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
FRAME
Heating
NONE
Stories
1
Units
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Daniel Kern
Individual
Mailing address
309 SHR RD, NORTHFIELD, NJ 08225-2526
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2022
$249,900
Daniel Kern
Vu & Associates LLC
Deed
$187,425 · Greentree Mortgage Company LP
Aug 29, 2018
—
Vu & Associates LLC
Ttk Real Esttae Investments LLC
Warranty Deed
$140,700 · Recovco Mortgage Management LLC
Apr 5, 2018
$132,500
Ttk R & E Invs LLC
Deutsche Bk Nat 2006-sd1
Grant Deed
$393,360 · Co-lenders
Feb 1, 2017
$1,000
Deutsche Bk Trust 2006-sd1 Tr
Sheriff Of Atlantic County|nigalan,mark
Trustees Deed
related
—
Jun 9, 2005
$1
Mark A Nigalan
Nigalan,manuel & Perla
Grant Deed
related
$261,000 · Option One Mortgage Corp
May 22, 2003
$210,000
Manuel Nigalan
Barrera,arturo
Grant Deed
$189,000 · Countrywide Home Loans INC
—
—
Aruturo Barrera
—
Deed Of Trust
related
$20,000 · Commerce 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 309 Shr Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
