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    541 Philadelphia Ave, Unit 555 Egg Harbor City, NJ 08215-1555

    • Residential income homes
    • 9,500 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $615,000
    Last Sale
    Oct 25, 2023
    Location Intelligence
    Property ID
    US59-0939941
    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

    • Residential income homes

    Property Details for 541 Philadelphia Ave

    Year built
    1965
    Construction
    CONCRETE BLOCKS
    Lot size
    0.55 lot acres
    Property size
    9,500 SF
    Zone code
    R-9
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    07 00210-0000-00017
    APU
    700210000000017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $760,000
      6.5%
      $665,000
      7%
      $695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $790,000
      Geo Method
      $795,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $835,000
      Retail
      $735,000
      Mixed-Use
      $635,000
      Hospitality
      $810,000
      Educational
      $655,000
      Residential Income
      $650,000
      Energy
      $735,000
      Income-Based Land
      $760,000
      Food Service
      $670,000

    Location Insight

    • Map
    • Local Demand
    City
    Egg Harbor City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.6405
    Latitude
    39.5354
    CBSA code
    12100
    CBSA name
    ATLANTIC CITY, NJ 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
    $47,479
    $320,000
    $550,700
    $870,700
    -
    $320,000
    $550,700
    $870,700

    Comparable in this City

    • Value Estimation
      $290,000
      5,294 SF

      616 White Horse Pike

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,294 SF
      616 White Horse Pike, Egg Harbor City, NJ 08215-1940
      View Details
    • Value Estimation
      $225,000
      2,880 SF

      155-159 Buffalo Ave, Unit 159

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,880 SF
      155-159 Buffalo Ave, Egg Harbor City, NJ 08215-1921
      View Details
    • Value Estimation
      $265,000
      2,340 SF

      50 6th Ter

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,340 SF
      50 6th Ter, Egg Harbor City, NJ 08215-1827
      View Details
    • Value Estimation
      $310,000
      4,158 SF

      559 Philadelphia Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,158 SF
      559 Philadelphia Ave, Egg Harbor City, NJ 08215-1546
      View Details
    • Value Estimation
      $490,000
      1,000 SF

      230 Washington Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,000 SF
      230 Washington Ave, Egg Harbor City, NJ 08215-1328
      View Details
    • Value Estimation by Request
      21.60 Acres

      Bally Bunion Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 21.60 Acres
      Bally Bunion Dr, Egg Harbor City, NJ 08215
      View Details

    Similar Nearby for Sale

    • $699,000
      0.62 Acres

      Thriving Bakery with Apartments Above

      Turnkey investment property with bakery and two apartments in Egg Harbor City.
      40 Boston Ave Ave, Egg Harbor City, NJ 08215
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      Development Site for 55+ Housing

      42,000 SF site ideal for age 55+ housing.
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    • $699,000
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      Turnkey commercial property with bakery and two apartments for sale.
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    • $699,000
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      Mixed-Use Property in Egg Harbor

      Thriving bakery with two apartments in growing downtown area.
      40 Boston Ave Ave, Egg Harbor City, NJ 08215
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    • $185,000
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      Three Houses on 5 Acres

      Three houses on a 4.87-acre parcel, total rehab project.
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    • $85,000
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      5+ acre vacant lot in Pinelands area, mixed-use permitted.
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    Similar Nearby for Lease

    • $5,000 /Mo
      12,332 SF

      Industrial Property with Licensed Paint Booth

      Manufacturing/warehouse space with office, drive-in, and licensed paint booth.
      615 Cincinnati Ave, Egg Harbor City, NJ 08215
      View Details
    • $12 SF/Yr
      4,500 SF

      Retail Space in Egg Harbor

      Prime retail space with flexible layout in Egg Harbor City.
      208 Philadelphia Ave, Egg Harbor City, NJ 08215
      View Details
    • $800 /Mo

      Retail Space in Business District

      Commercial storefront in Egg Harbor City's business district for lease.
      257 Philadelphia Ave, Egg Harbor City, NJ 08215
      View Details
    • New
      $10 SF/Yr
      113,256 SF

      Versatile Commercial Space Near Transportation

      Adaptable commercial property suitable for various business ventures.
      13 Buffalo Ave, Egg Harbor City, NJ 08215
      View Details
    • New
      $9 SF/Yr
      113,256 SF

      Versatile Industrial/Retail Space Available

      55,000 SF warehouse and retail space for lease.
      801 Atlantic Ave, Egg Harbor City, NJ 08215
      View Details
    • Contact for pricing
      166,835 SF

      Approved Cannabis Grow/Car Sales

      20,000 SF building on 3.83 acres, multiple uses.
      111 New York Ave, Egg Harbor City, NJ 08215
      View Details
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    Egg Harbor City, NJ 08215-1555
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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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