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    Property profile & analytics

    424 Black Horse Pike Runnemede, NJ 08078-1360

    • Residential income homes
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $2,475,000
    Last Sale
    Apr 19, 2023
    $2,650,000
    Location Intelligence
    Property ID
    US59-3014372
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • KDC Associate / Apartment Building

    Property Details for 424 Black Horse Pike

    Year built
    1960
    Lot size
    0.27 lot acres
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    30 00048-0000-00001
    APU
    3000048000000001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,640,000
      6.5%
      $2,450,000
      7%
      $2,790,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,995,000
      Geo Method
      $3,135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,595,000
      Retail
      $3,050,000
      Mixed-Use
      $2,220,000
      Hospitality
      $2,725,000
      Educational
      $2,365,000
      Residential Income
      $2,440,000
      Energy
      $2,645,000
      Income-Based Land
      $2,410,000
      Food Service
      $2,550,000

    Location Insight

    • Map
    • Local Demand
    City
    Runnemede
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0739
    Latitude
    39.853
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $29,369
    $240,000
    $454,300
    $694,300
    -
    $240,000
    $454,300
    $694,300

    Comparable in this City

    • Value Estimation
      $410,000
      0.28 Acres

      20 3rd Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.28 Acres
      20 3rd Ave, Runnemede, NJ 08078-1100
      View Details
    • Value Estimation
      $405,000
      4,400 SF

      312 Clements Brg Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,400 SF
      312 Clements Brg Rd, Runnemede, NJ 08078-1462
      View Details
    • Value Estimation
      $345,000
      0.17 Acres

      10 4th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.17 Acres
      10 4th Ave, Runnemede, NJ 08078-1303
      View Details
    • Value Estimation
      $230,000
      0.17 Acres

      208 Clements Brg Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.17 Acres
      208 Clements Brg Rd, Runnemede, NJ 08078-1972
      View Details
    • Value Estimation by Request
      1.28 Acres

      1001 Black Horse Pike

      APARTMENT HOUSE (UNDER 5 UNITS) • 1.28 Acres
      1001 Black Horse Pike, Runnemede, NJ 08078-1059
      View Details
    • Value Estimation by Request
      11.35 Acres

      918 Clements Brg Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 11.35 Acres
      918 Clements Brg Rd, Runnemede, NJ 08078-2011
      View Details

    Similar Nearby for Sale

    • $349,000
      2,490 SF

      Runnemede Office Building For Sale

      2,490 SF office building with long-term tenants in Runnemede.
      117 N Black Horse Pike, Runnemede, NJ 08078
      View Details
    • $289,000
      2,500 SF

      Runnemede Mixed-Use Commercial Space

      Downtown Runnemede: 2,500 SF, Low Taxes
      102 Clements Bridge Rd, Runnemede, NJ 08078
      View Details
    • $325,000
      1,512 SF

      Runnemede Medical Office For Sale

      Corner lot with on-site parking, suitable for various uses.
      515 N Black Horse Pike, Runnemede, NJ 08078
      View Details

    Similar Nearby for Lease

    • New
      $1,900 /Mo
      14,810 SF

      Retail Space in M and M Plaza

      Retail space available for lease in Runnemede, New Jersey.
      123 B, Runnemede, NJ 08078
      View Details
    • $10 SF/Yr
      2,800 SF

      Retail Center on Clements Bridge

      Well-maintained retail center with long-term tenants and ample parking.
      835 E Clements Bridge Rd, Runnemede, NJ 08078
      View Details
    • Contact for pricing
      58,507 SF

      Runnemede Industrial Flex Space

      NJ Turnpike access, flexible space available.
      175 9Th Ave, Runnemede, NJ 08078
      View Details
    • Contact for pricing
      39,881 SF

      Runnemede Industrial Flex Space

      10,813 SF Flex Space Available Now
      160 9Th Ave, Runnemede, NJ 08078
      View Details
    • $249,000
      150 SF

      First Floor Office Space Available

      First floor office space with shared amenities and easy access.
      513 N Black Horse Pike, Runnemede, NJ 08078
      View Details
    • $2,250 /Mo
      17,087 SF

      Office/Warehouse Space on Black Horse

      Up to 4,150 SF office/warehouse space available for lease.
      1025 N Black Horse Pike, Runnemede, NJ 08078
      View Details
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    424 Black Horse Pike
    Runnemede, NJ 08078-1360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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