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Property profile & analytics
OFF-MARKET
Commercial real estate
48 Main St, New Egypt, NJ 08533-1420
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US59-0188121
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1890
Total area
3,345 SF
Lot
0.19 ac (8,424 SF)
Zoning code
C4
APN
24 00030-0000-00014
UPID
US59-0188121
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
Randy Johnson Ray Shea General Part · 7 yrs held
Randy Johnson Ray Shea General Part
since 2019
3 recorded transactions
Zoning & alternative use
C4 · New Egypt, 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 New Egypt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Egypt 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
$7,003
Tax year 2022
Assessed value
$252,800
Assessed 2023
Previous assessed
$252,800
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$103,200
Assessed improvement
$149,600
Land market value
$103,200
Improvement market value
$149,600
Total market value
$252,800
Applied tax rate
24.0000
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
1890
Heating
BASEBOARD
Stories
3
Units
4
Bathrooms
4
Total area
3,345 SF
Lot
0.19 ac (8,424 SF)
Zoning code
C4
APN
24 00030-0000-00014
UPID
US59-0188121
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C4 · New Egypt, NJ
Zoning C4 · permitted uses
C4 · New Egypt, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Egypt. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Heating
BASEBOARD
Stories
3
Units
4
Bathrooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
Randy Johnson Ray Shea General Part
Individual
Mailing address
85 ARCHERTOWN RD, NEW EGYPT, NJ 08533-1902
Ownership since
2019
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 4, 2022
—
Randy Johnson Shea General Partners
—
Deed
related
$6,452,000 · Farm Credit East Aca
Jan 10, 2019
—
Randy Johnson Ray Shea General Part
James R Johnson JR
Intrafamily Transfer
related
$71,000 · Lakeland Bank
Jan 22, 2002
$244,000
James R Johnson
Demeo,john & Audrey M
Grant Deed
related
$164,000 · Sovereign 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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