New search
Property profile & analytics
OFF-MARKET
Commercial real estate
36 Market St, Salem, NJ 08079-1902
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0396748
Property summary
AI-generated overview
This exceptional investment opportunity presents a portfolio of three commercial buildings situated on a sizable 1.7-acre lot at 36 Market Street in Salem, New Jersey. The property boasts a total of approximately 18,227 square feet of rentable space, currently generating nearly $59,000 in annual rental income from long-term tenants. The main building, a substantial 11,403 square foot structure, functions as an established antique mall/consignment store, equipped with a security system including an alarm and monitored fire alarm. A second building, encompassing 1,824 square feet, is a sturdy block building featuring overhead doors and 3-phase electric service
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Lot
1.7 ac (74,052 SF)
APN
13 00016-0000-00009
UPID
US59-0396748
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
-
Market Street Treasures Home Decor Store (Bike/Boat/Book/etc) Store
-
Master Machine Auto Repair Shop
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
One World Trading LLC · 1 yrs held
One World Trading LLC
since 2025
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
$18,883
Tax year 2022
Assessed value
$251,200
Assessed 2023
Previous assessed
$251,200
+0.0% YoY
Effective rate
7.52%
On assessed value
Assessed land
$26,200
Assessed improvement
$225,000
Land market value
$26,200
Improvement market value
$225,000
Total market value
$251,200
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1960
Heating
NONE
Units
2
Lot
1.7 ac (74,052 SF)
APN
13 00016-0000-00009
UPID
US59-0396748
Jurisdiction
SALEM
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Units
2
Lot
1.7 ac
Current owner
From public records · entity-resolved
One World Trading LLC
Entity
Mailing address
27 FOXTAIL CT, NEWARK, DE 19711-4379
Ownership since
2025
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
May 15, 2025
$300,000
One World Trading LLC
Cheryl Erhardt
Deed
—
Oct 30, 2020
—
Erhardt,paul III Trust
Erhardt Paul III
Quit Claim Deed
related
—
Apr 24, 2017
—
Paul Erhardt III
—
Deed
related
$60,000 · M&t Bk
Jun 30, 1999
$189,000
Richard M Schlaifer
Medallion Management Group LP
Grant Deed
—
—
—
Paul L Erhardt
—
Deed Of Trust
related
$20,000 · Harvest Community Bank
—
—
Paul L Erhardt
—
Deed Of Trust
related
$160,000 · Harvest Community Bank
—
—
Paul L Erhardt
—
Deed Of Trust
related
$15,000 · Harvest Community Bank
—
—
Paul Erhardt
—
Deed Of Trust
related
$30,000 · Woodstown National Bank
—
—
Paul Erhardt III
—
Deed Of Trust
related
$60,000 · M&t Bk
—
—
Paul Erhardt III
—
Deed Of Trust
related
$25,000 · Harvest Community Bank
—
—
Paul L Erhardt III
—
Deed Of Trust
related
$205,000 · Harvest Community Bank
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 36 Market St?
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.
