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Property profile & analytics
OFF-MARKET
Parking lots & garages
341 Saint Louis Ave Egg Harbor City, NJ 08215
Individually Owned
11-yr Hold
Free & Clear
Property ID
US59-1501945
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.21 ac (8,999 SF)
Zoning code
R-6
APN
07 00438-0000-00018- 02
UPID
US59-1501945
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
Thomas Ade · 11 yrs held
Thomas Ade
since 2015
3 recorded transactions
Zoning & alternative use
R-6 · Egg Harbor City, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
is chapter. District Symbol Residential (22,500-square-foot minimum lot) R-22 Residential (11,250-square-foot minimum lot) R-11 Residential (9,000-square-foot minimum lot) R-9 Residential (6,000-square-foot minimum lot) R-6 Residential (3.2-acre minimum lot) R-3.2 Residential (forest, 20-acre minimum lot) R-20F Preservation PA Retail Commercial RC Highway Co…
Zone name
Single Family Residential 6000 Square Feet
General category
RESIDENTIAL
Zone area
137.91 ac
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 Egg Harbor City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Egg Harbor City 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
$1,123
Tax year 2022
Assessed value
$20,600
Assessed 2023
Previous assessed
$20,600
+0.0% YoY
Effective rate
5.45%
On assessed value
Assessed land
$10,000
Assessed improvement
$10,600
Land market value
$10,000
Improvement market value
$10,600
Total market value
$20,600
Applied tax rate
7.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Units
1
Lot
0.21 ac (8,999 SF)
Zoning code
R-6
APN
07 00438-0000-00018- 02
UPID
US59-1501945
Jurisdiction
ATLANTIC
Zoning & alternative use
R-6 · Egg Harbor City, NJZoning R-6 · permitted uses
R-6 · Egg Harbor City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
is chapter. District Symbol Residential (22,500-square-foot minimum lot) R-22 Residential (11,250-square-foot minimum lot) R-11 Residential (9,000-square-foot minimum lot) R-9 Residential (6,000-square-foot minimum lot) R-6 Residential (3.2-acre minimum lot) R-3.2 Residential (forest, 20-acre minimum lot) R-20F Preservation PA Retail Commercial RC Highway Commercial HC Industrial IND Industrial Business Park IBP Commercial X CX Commercial
Zone name
Single Family Residential 6000 Square Feet
General category
RESIDENTIAL
Zone area
137.91 ac
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Thomas Ade
Individual
Free & Clear · 11 yrs held
Mailing address
227 CINCINNATI AVE, EGG HARBOR CITY, NJ 08215-1927
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2015
$25,000
Thomas Ade
Yoa Real Estate LLC
Grant Deed
—
Oct 6, 2006
$50,000
Yoa Real Estate LLC
Costa,thomas J
Grant Deed
related
$780,000 · Ocean City Home Bank
Feb 22, 2005
$150,000
Joseph R Fazio
Roy,ronald G
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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