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Property profile & analytics
OFF-MARKET
Estimated value
$315,000
Commercial real estate
535 Elm Ave Woodbury Heights, NJ 08097-1403
Entity Owned
22-yr Hold
Free & Clear
Property ID
US59-3109834
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1963
Construction
CONCRETE BLOCKS
Total area
2,620 SF
Lot
0.3 ac (13,000 SF)
Zoning code
CC
APN
23 00070-0000-00001- 05
UPID
US59-3109834
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
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$315k
Owner & transaction history
Woodbury Heights Venture LLC · 22 yrs held
Woodbury Heights Venture LLC
since 2004
3 recorded transactions
Zoning & alternative use
CC · Woodbury Heights, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CC Community Commercial and HC Highway Commercial Districts. § 70-15 LI Limited Industrial District. § 70-16 (Reserved) Article V General Provisions and Design Standards § 70-17 Accessory buildings. § 70-18 Drainage. § 70-19 Fences, walls and sight triangles.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
26.01 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 Woodbury Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbury Heights 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
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$315k
Range $284k – $347k · ±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
$120 / 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
$15,509
Tax year 2022
Assessed value
$329,900
Assessed 2023
Previous assessed
$329,900
+0.0% YoY
Effective rate
4.70%
On assessed value
Assessed land
$86,000
Assessed improvement
$243,900
Land market value
$86,000
Improvement market value
$243,900
Total market value
$329,900
Applied tax rate
23.0000
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
1963
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
2,620 SF
Lot
0.3 ac (13,000 SF)
Zoning code
CC
APN
23 00070-0000-00001- 05
UPID
US59-3109834
Jurisdiction
GLOUCESTER
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
CC · Woodbury Heights, NJZoning CC · permitted uses
CC · Woodbury Heights, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CC Community Commercial and HC Highway Commercial Districts. § 70-15 LI Limited Industrial District. § 70-16 (Reserved) Article V General Provisions and Design Standards § 70-17 Accessory buildings. § 70-18 Drainage. § 70-19 Fences, walls and sight triangles.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
26.01 ac
Building & site characteristics
From public records
Year built
1963
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Woodbury Heights Venture LLC
Entity
Free & Clear · 22 yrs held
Mailing address
535 ELM AVE, WOODBURY HTS, NJ 08097-1403
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
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 30, 2004
$220,000
Woodbury Heights Venture LLC
An,young J & Mi-hyun
Grant Deed
—
Mar 3, 2003
$195,000
Young J An
Palermo,russell R & Alice M
Grant Deed
—
—
—
Woodbury Heights Venture LLC
—
Deed Of Trust
related
$2,075,500 · The 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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