Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Industrial properties
412 Boston Ave Egg Harbor City, NJ 08215-2603
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US59-0937250
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1928
Construction
CONCRETE BLOCKS
Total area
16,194 SF
Lot
0.38 ac (16,501 SF)
Zoning code
R-9
APN
07 00531-0000-00001
UPID
US59-0937250
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
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$711k
Blend (final)
Blend
$590k
Owner & transaction history
Lexington Properties LLC · 13 yrs held
Lexington Properties LLC
since 2012
7 recorded transactions
Zoning & alternative use
R-9 · Egg Harbor City, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
hed in conjunction with the uses set forth in this 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…
Zone name
Single Family Residential 9000 Square Feet
General category
RESIDENTIAL
Zone area
156.69 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
Method
Estimation
Statistic approach
by Request
ML approach
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10%
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
$36 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$16,680
Tax year 2023
Assessed value
$309,400
Assessed 2024
Previous assessed
$309,400
+0.0% YoY
Effective rate
5.39%
On assessed value
Assessed land
$46,800
Assessed improvement
$262,600
Land market value
$46,800
Improvement market value
$262,600
Total market value
$309,400
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1928
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Total area
16,194 SF
Lot
0.38 ac (16,501 SF)
Zoning code
R-9
APN
07 00531-0000-00001
UPID
US59-0937250
Jurisdiction
ATLANTIC
Zoning & alternative use
R-9 · Egg Harbor City, NJZoning R-9 · permitted uses
R-9 · Egg Harbor City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
hed in conjunction with the uses set forth in this 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 Industri
Zone name
Single Family Residential 9000 Square Feet
General category
RESIDENTIAL
Zone area
156.69 ac
Building & site characteristics
From public records
Year built
1928
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Lexington Properties LLC
Entity
Mailing address
412 BOSTON AVE, EGG HARBOR CITY, NJ 08215-2603
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2025
—
Lexington Properties LLC
—
Deed
related
$2,400,000 · Bridge Business Credit LLC
Mar 6, 2019
—
Lexington Properties LLC
—
Deed
related
$200,000 · First Nat'l Bk/absecon
Mar 4, 2019
—
Lexington Properties LLC
—
Deed
related
$318,221 · First National Bank Absecon
Dec 15, 2017
—
Lexington Properties LLC
—
Deed
related
$200,000 · First National Bank Absecon
Nov 28, 2012
—
Lexington Properties LLC
Lexington Properties LLC
Quit Claim Deed
related
—
—
—
Lexington Properties LLC
—
Deed Of Trust
related
$318,221 · First Nat'l Bk/absecon
—
—
Lexington Properties LLC
—
Deed Of Trust
related
$200,000 · First Nat'l Bk/absecon
—
—
Lexington Properties LLC
—
Deed Of Trust
related
$200,000 · First Nat'l Bk/absecon
—
—
Taylor Brothers LLC
—
Deed Of Trust
related
$1,333,000 · Business Loan Center INC
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 412 Boston Ave?
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.
