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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Residential income homes
4011 Atlantic Ave Atlantic City, NJ 08401-5928
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-3079913
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1930
Construction
BRICK
Total area
4,968 SF
Lot
0.08 ac (3,463 SF)
Zoning code
NC-1
APN
02 00198-0000-00004
UPID
US59-3079913
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$590k
Owner & transaction history
Plum Village LLC · 3 yrs held
Plum Village LLC
since 2023
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
NC-1 · Atlantic City, 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 Atlantic City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantic 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
Method
Estimation
Statistic approach
$725,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$655,000
Current use
COMMERCIAL (GENERAL)
$550,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $550k (May 8 2023)
Last sale anchor
$550k
May 8 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$119 / SF
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
$11,898
Tax year 2022
Assessed value
$315,000
Assessed 2023
Previous assessed
$315,000
+0.0% YoY
Effective rate
3.78%
On assessed value
Assessed land
$70,000
Assessed improvement
$245,000
Land market value
$70,000
Improvement market value
$245,000
Total market value
$315,000
Applied tax rate
2.0000
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
1930
Construction
BRICK
Heating
NONE
Stories
3
Units
7
Total area
4,968 SF
Lot
0.08 ac (3,463 SF)
Zoning code
NC-1
APN
02 00198-0000-00004
UPID
US59-3079913
Jurisdiction
ATLANTIC
Zoning & alternative use
NC-1 · Atlantic City, NJ
Zoning NC-1 · permitted uses
NC-1 · Atlantic City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$655,000
COMMERCIAL (GENERAL)
Est. value
$550,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1930
Construction
BRICK
Heating
NONE
Stories
3
Units
7
Lot
0.08 ac
Current owner
From public records · entity-resolved
Plum Village LLC
Entity
Mailing address
8 HAMILTON LN, PLAINSBORO, NJ 08536-1131
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2023
$550,000
Plum Village LLC
South Bellevue Properties LLC
Deed
—
Sep 27, 2017
$301,000
South Bellevue Properties LLC
Ladislao M Aguila
Deed
$240,800 · Eastern Savings Bank Fsb
—
—
Ladislao M Aguila
—
Deed Of Trust
related
$200,000 · Pnc Bank
—
—
Ladislao M Aguila
—
Deed Of Trust
related
$150,000 · Pnc Bank
—
—
Ladislao M Aguila
—
Deed Of Trust
related
$35,000 · Pnc Bank
—
—
Ladislao M Aguila
—
Deed Of Trust
related
$160,000 · Pnc Bank
—
—
Ladislao M Aguila
—
Deed Of Trust
related
$43,759 · Pnc 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.
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