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Property profile & analytics
OFF-MARKET
Commercial real estate
7318 Black Horse Pike Mays Landing, NJ 08330-3957
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-0112155
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1938
Construction
FRAME
Total area
2,124 SF
Lot
5.6 ac (243,936 SF)
Zoning code
HC
APN
12 00207-0000-00035
UPID
US59-0112155
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
M Hewlett Leriche Yesir · 2 yrs held
M Hewlett Leriche Yesir
since 2023
Last sale
$163,000
6 recorded transactions
Zoning & alternative use
HC · Mays Landing, 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 Mays Landing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mays Landing 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,632
Tax year 2023
Assessed value
$195,400
Assessed 2024
Previous assessed
$195,400
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$47,900
Assessed improvement
$147,500
Land market value
$47,900
Improvement market value
$147,500
Total market value
$195,400
Applied tax rate
12.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1938
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Total area
2,124 SF
Lot
5.6 ac (243,936 SF)
Zoning code
HC
APN
12 00207-0000-00035
UPID
US59-0112155
Jurisdiction
ATLANTIC
Zoning & alternative use
HC · Mays Landing, NJZoning HC · permitted uses
HC · Mays Landing, 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
1938
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
5.6 ac
Current owner
From public records · entity-resolved
M Hewlett Leriche Yesir
Individual
Mailing address
7318 BLACK HORSE PIKE, MAYS LANDING, NJ 08330-3957
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2023
—
M Hewlett Leriche Yesir
Marvin Leriche
Intrafamily Transfer
related
—
Dec 27, 2021
$163,000
Marvin Leriche
Fulton Bank NA
Deed
—
Mar 15, 2017
$195,000
Backwoods Subs & Deli LLC
Jonathan H Day
Deed
$220,000 · Fulton Bank NA
Dec 7, 2012
$40,000
Michele A Day
Durham,judith
Grant Deed
—
Aug 29, 2003
$72,500
Judith Durham
Hallowich,john Est
Grant Deed
$56,250 · Popular Financial Services LLC
—
—
Jonathan H Day
—
Deed Of Trust
related
$125,000 · Sun National 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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