Entity Owned 
For Lease
1 / 15
$1,500/Mo
340 Front St, Elmer, NJ 08318
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1974
Construction
BRICK
Total area
5,175 SF
Lot
0.88 ac (38,546 SF)
Zoning code
RP
APN
03 00013-0000-00013- 04
UPID
US59-1057029
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$360k
Owner & transaction history
since 2024
2 recorded transactions
Zoning & alternative use
RP · Elmer, NJ
Zoning description
RP Residential Professional. The residential-professional district has been delineated to encourage the location of professional offices and health related support facilities because of the character of existing developm…
General category
CIVIC_INSTITUTIONAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 41 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$360k
Value range
$324k – $396k
±10% around blend
Estimated value / SF
$70 / SF
Confidence
High
41 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$324k
blend $360k
$396k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,175 SF
Lot area
0.88 ac
Year built
1974
Stories
2
APN
03 00013-0000-00013- 04
Zoning
RP
Assessed value
$517,300
Annual tax
$19,932
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$602k
Weighted, 20 comps · high confidence
Evidence
41 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.2 mi away · 6,500 SF
11.3 mi away · 5,035 SF
13.8 mi away · 3,787 SF
13.9 mi away · 3,960 SF
14.9 mi away · 6,041 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$360k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$100
-31%
Submarket 31 sales
$100
-30%
County 152 sales
$85
-18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $70/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 41 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$517k
Move the market yield to see immediate price impact.
Value / SF
$100
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$33k
$652k
$466k
$362k
$36k
$724k
$517k
$402k
$40k
$797k
$569k
$443k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
41 found
High confidence · county-verified
Closest comparable
$645k
8.4 mi · Feb 2026 · $119/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$19,932
Tax year 2022
Assessed value
$517,300
Assessed 2023
Previous assessed
$517,300
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$59,600
Assessed improvement
$457,700
Land market value
$59,600
Improvement market value
$457,700
Total market value
$517,300
Applied tax rate
3.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1974
Construction
BRICK
Heating
NONE
Stories
2
Units
4
Total area
5,175 SF
Lot
0.88 ac (38,546 SF)
Zoning code
RP
APN
03 00013-0000-00013- 04
UPID
US59-1057029
Jurisdiction
SALEM
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
RP · Elmer, NJZoning RP · permitted uses
RP · Elmer, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
RP Residential Professional. The residential-professional district has been delineated to encourage the location of professional offices and health related support facilities because of the character of existing developm…
General category
CIVIC_INSTITUTIONAL
Building & site characteristics
From public records
Year built
1974
Construction
BRICK
Heating
NONE
Stories
2
Units
4
Lot
0.88 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RP
CIVIC_INSTITUTIONAL
Jurisdiction
Elmer, NJ
Recorded code
RP
Official district
RP
Official district profile
What the municipal code says about RP
Zoning description
RP Residential Professional. The residential-professional district has been delineated to encourage the location of professional offices and health related support facilities because of the character of existing developm…
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RP in Elmer, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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