Back to Search
Property profile & analytics
FOR SALE
Office buildings
5 S Main St Cape May Court House, NJ 08210
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-0290334
For Sale
1 / 50
$1,599,995
5 S Main St, Cape May Court House, NJ 08210
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Lot
0.11 ac (4,600 SF)
Zoning code
TB
APN
06 00238-0000-00012
UPID
US59-0290334
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
-
Prince Photography Photography Service (Bike/Boat/Book/etc) Store
-
Cardillo Dennis A OD Physician
-
M.S. Brown Jewelers (Bike/Boat/Book/etc) Store
-
Kugler Law Firm Law Firm
-
Harvatt II Anthony J Law Firm
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
5 So Main St LLC · 9 yrs held
5 So Main St LLC
since 2016
5 recorded transactions
Zoning & alternative use
TB · Cape May Court House, 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 Cape May Court House submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape May Court House 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
$10,139
Tax year 2022
Assessed value
$507,700
Assessed 2023
Previous assessed
$507,700
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$138,000
Assessed improvement
$369,700
Land market value
$138,000
Improvement market value
$369,700
Total market value
$507,700
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1920
Heating
NONE
Units
1
Lot
0.11 ac (4,600 SF)
Zoning code
TB
APN
06 00238-0000-00012
UPID
US59-0290334
Jurisdiction
CAPE MAY
Zoning & alternative use
TB · Cape May Court House, NJZoning TB · permitted uses
TB · Cape May Court House, NJ
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
1920
Heating
NONE
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
5 So Main St LLC
Entity
Mailing address
32 SUNSET DR, WOODBINE, NJ 08270-9639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2016
$250,000
5 So Main St LLC
Budd,michael M & Dawn A
Grant Deed
$175,000 · Oceanfirst Bk
Feb 29, 1988
$385,000
Jersey Publishing So
Unknown
Grant Deed
—
—
—
5 So Main Street LLC
—
Deed Of Trust
related
$768,750 · First Nat'l Bk/elmer
—
—
Michael A Budd
—
Loan Modification
related
—
—
—
Pelagic Properties LLC
—
Loan Modification
related
$735,000 · Oceanfirst Bk
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?”
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.
