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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
54 Old Deerfield Pike Bridgeton, NJ 08302-3745
Individually Owned
8-yr Hold
Free & Clear
Property ID
US59-3058400
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1945
Total area
1,800 SF
Lot
1.11 ac (48,352 SF)
Zoning code
R3
APN
13 01808-0000-00031
UPID
US59-3058400
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
Neelkumar Patel · 8 yrs held
Neelkumar Patel
since 2018
7 recorded transactions
Zoning & alternative use
R3 · Bridgeton, 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 Bridgeton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgeton 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
$12,699
Tax year 2022
Assessed value
$381,700
Assessed 2023
Previous assessed
$381,700
+0.0% YoY
Effective rate
3.33%
On assessed value
Assessed land
$64,600
Assessed improvement
$317,100
Land market value
$64,600
Improvement market value
$317,100
Total market value
$381,700
Applied tax rate
13.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1945
Heating
NONE
Stories
1
Units
1
Total area
1,800 SF
Lot
1.11 ac (48,352 SF)
Zoning code
R3
APN
13 01808-0000-00031
UPID
US59-3058400
Jurisdiction
CUMBERLAND
Zoning & alternative use
R3 · Bridgeton, NJZoning R3 · permitted uses
R3 · Bridgeton, 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
1945
Heating
NONE
Stories
1
Units
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Neelkumar Patel
Individual
Free & Clear · 8 yrs held
Mailing address
54 OLD DEERFIELD PIKE, BRIDGETON, NJ 08302-3745
Ownership since
2018
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 16, 2018
—
Neelkumar Patel
Patel,pradipkum S & Prafulbhai C
Quit Claim Deed
related
—
Dec 19, 2016
$325,000
Pradipkum S Patel
Rajmeen LLC
Grant Deed
—
Nov 29, 2010
—
Rajmeen LLC
Jay Kush Realty LLC
Grant Deed
—
Jan 11, 2007
$890,000
Jay Kush Realty LLC
Fieldeer LLC
Grant Deed
$840,000 · Pnc Bk/oh
May 13, 2005
$720,000
Donnell,robert
Sheriff County Of Cumberland
Trustees Deed
—
May 13, 2005
$720,585
Fieldeer LLC
Donnell,robert
Grant Deed
$425,000 · Great Estrn Bk
Jun 8, 1998
$425,000
Bridgeton Realty Management In
Terrigno,cosmo A & Roselinda
Grant Deed
—
—
—
Bridgeton Realty Mgmt INC
—
Deed Of Trust
related
$200,000 · Robert Donnell
—
—
Bridgeton Realty Mgmt INC
—
Deed Of Trust
related
$133,000 · Gerardo & Anne Cona
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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