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Property profile & analytics
OFF-MARKET
Auto shops
6324 Black Horse Pike Egg Harbor Township, NJ 08234-5543
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-1178360
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Lot
5.47 ac (238,273 SF)
Zoning code
HB
APN
08 01301-0000-00034
UPID
US59-1178360
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
The State Of New Jersey · 1 yrs held
The State Of New Jersey
since 2024
Last sale
$9,000
7 recorded transactions
Zoning & alternative use
HB · Egg Harbor Township, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Residential Zone. § 225-33 R-5 Residential Zone. § 225-33.1 R-6 Residential Zone. § 225-34 R-5 Apartment Residential Zone. § 225-35 NB Neighborhood Commercial District. § 225-36 CB Community Business District. § 225-37 HB Highway Business District. § 225-37.1 SHD Special Highway Development District. § 225-38 RCD Regional Commercial Development District. § 2…
Zone name
Highway Business
General category
COMMERCIAL
Zone area
901.59 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 Egg Harbor Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Egg Harbor Township 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
$51,116
Tax year 2022
Assessed value
$1,532,700
Assessed 2023
Previous assessed
$1,532,700
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$505,100
Assessed improvement
$1,027,600
Land market value
$505,100
Improvement market value
$1,027,600
Total market value
$1,532,700
Applied tax rate
8.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
NONE
Stories
1
Units
1
Lot
5.47 ac (238,273 SF)
Zoning code
HB
APN
08 01301-0000-00034
UPID
US59-1178360
Jurisdiction
ATLANTIC
Zoning & alternative use
HB · Egg Harbor Township, NJZoning HB · permitted uses
HB · Egg Harbor Township, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Residential Zone. § 225-33 R-5 Residential Zone. § 225-33.1 R-6 Residential Zone. § 225-34 R-5 Apartment Residential Zone. § 225-35 NB Neighborhood Commercial District. § 225-36 CB Community Business District. § 225-37 HB Highway Business District. § 225-37.1 SHD Special Highway Development District. § 225-38 RCD Regional Commercial Development District. § 225-39 MC Marine Commercial District. § 225-40 M-1 Light Industrial District and R
Zone name
Highway Business
General category
COMMERCIAL
Zone area
901.59 ac
Building & site characteristics
From public records
Heating
NONE
Stories
1
Units
1
Lot
5.47 ac
Current owner
From public records · entity-resolved
The State Of New Jersey
Individual
Mailing address
7225 NORTHLAND DR N STE #210, BROOKLYN PARK, MN 55428-1575
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
$9,000
The State Of New Jersey
Louis Altobelli JR
Deed
—
Aug 9, 2019
—
Louis H Altobelli JR.
—
Deed
related
$1,992,500 · Citizens Bk NA
Dec 29, 2010
$1,550,000
Louis Altobelli JR.
Pj Rental Holdings LLC
Grant Deed
$1,900,000 · Cape Bank
Jun 24, 2005
$1,500,000
Pj Rental Holding LLC
Boma Management LLC
Grant Deed
$1,200,000 · Boardwalk Bank
Jun 24, 2005
—
Pj Rental Holding LLC
Boardwalk Bank
Grant Deed
related
—
Oct 21, 2003
—
Boma Management LLC
—
Deed Of Trust
related
$1,125,000 · Pennsylvania Business Bank
Oct 21, 2003
$100
Boma Management LLC
Debtor Estate Of Rajic INC
Trustees Deed
related
—
Jun 19, 2000
—
Rajic INC
—
Deed Of Trust
related
$1,050,000 · Pennsylvania Business Bank
—
—
Kajic INC
—
Deed Of Trust
related
$24,659 · Cottman Transmission Systems
—
—
Louis H Altobelli JR.
—
Deed Of Trust
related
$1,992,500 · Citizens Bk NA
—
—
Louis Altobelli JR.
—
Deed Of Trust
related
$1,850,000 · Citizens Bk/pa
—
—
Rajic INC
—
Deed Of Trust
related
$15,000 · Cottman Transmission Systems
—
—
Pj Rental Holding LLC
—
Deed Of Trust
related
$350,000 · Boardwalk Bank
—
—
Louis H Altobelli JR.
—
Deed Of Trust
related
$111,655 · Cape Bank
—
—
Pj Rental Holding LLC
—
Deed Of Trust
related
$7,700,000 · Volvo Fin'l Svcs
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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