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Property profile & analytics
OFF-MARKET
Commercial real estate
322 Pitney Rd Galloway, NJ 08205-9628
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1788551
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Construction
METAL FRAME
Lot
2.39 ac (104,108 SF)
Zoning code
CVC
APN
11 01165-0000-00006- 04
UPID
US59-1788551
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
-
Galloway Ace Hardware Building Supply Hardware & Home Improvement
-
UPS Authorized Shipping Provider Courier Service Postal Service
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
The First National Bank Of Elmer · 2 yrs held
The First National Bank Of Elmer
since 2023
7 recorded transactions
Zoning & alternative use
CVC · Galloway, 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 Galloway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Galloway 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
$35,321
Tax year 2022
Assessed value
$1,100,000
Assessed 2023
Previous assessed
$1,100,000
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$294,300
Assessed improvement
$805,700
Land market value
$294,300
Improvement market value
$805,700
Total market value
$1,100,000
Applied tax rate
11.0000
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
1994
Construction
METAL FRAME
Heating
NONE
Stories
1
Units
1
Lot
2.39 ac (104,108 SF)
Zoning code
CVC
APN
11 01165-0000-00006- 04
UPID
US59-1788551
Jurisdiction
ATLANTIC
Zoning & alternative use
CVC · Galloway, NJ
Zoning CVC · permitted uses
CVC · Galloway, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Galloway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
METAL FRAME
Heating
NONE
Stories
1
Units
1
Lot
2.39 ac
Current owner
From public records · entity-resolved
The First National Bank Of Elmer
Entity
Mailing address
PO BOX 485TH ABSECON
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2023
—
The First National Bank Of Elmer
Smith Family Enterprises Galloway L
Assignment Of Lease (leasehold Sale)
—
Mar 27, 2023
—
Bolster Hardware II LLC
Smith Family Enterprises Galloway L
Lease
$250,000 · First National Bank Elmer
—
—
Galloway True Value LLC
—
Deed Of Trust
related
$640,000 · Cape Bk
—
—
Galloway True Value LLC
—
Deed Of Trust
related
$1,510,000 · First Nat'l Bk/elmer
—
—
Galloway True Value LLC
—
Deed Of Trust
related
$1,235,000 · First Nat'l Bk/elmer
—
—
Galloway True Value LLC
—
Deed Of Trust
related
$750,000 · Cape Bank
—
—
Galloway True Value LLC
—
Deed Of Trust
related
$650,000 · Commerce Bank NA
—
—
Galloway True Value LLC
—
Deed Of Trust
related
$5,359,000 · Pnc Bk
—
—
Galloway True Value LLC
—
Deed Of Trust
related
$639,000 · Cape Bank
—
—
Galloway True Value LLC
—
Deed Of Trust
related
$550,000 · Cape Bank
—
—
Galloway True Value LLC
—
Deed Of Trust
related
$400,000 · Cape Bk
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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