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Property profile & analytics
OFF-MARKET
Estimated value
$2,960,000
Residential income homes
744 Eayrestown Rd Lumberton, NJ 08048-3161
Entity Owned
12-yr Hold
Property ID
US59-1596640
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1973
Construction
BRICK
Total area
16,436 SF
Lot
7.27 ac (316,681 SF)
Zoning code
R12
APN
17 00022- 01-00001- 11
UPID
US59-1596640
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
Current use
Occupant on record · Public records
-
Sterling Glen Apartments Apartment Complex Apartment Building
-
774 Eayrestown LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.63M
Comparable Approach
Comparable
$2.73M
Blend (final)
Blend
$2.96M
Owner & transaction history
Dorado Apartments LLC · 12 yrs held
Dorado Apartments LLC
since 2014
3 recorded transactions
Zoning & alternative use
R12 · Lumberton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.1M
+41.6%
Commercial (general)
$2.5M
+14.4%
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 Lumberton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lumberton 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,925,000
6.5%
$3,625,000
7%
$3,365,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,155,000
Current use
OFFICE BUILDING
$3,050,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,465,000
Change: +14% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,100,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$2.96M
Range $2.66M – $3.26M · ±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
$180 / 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
$116,382
Tax year 2022
Assessed value
$4,760,000
Assessed 2023
Previous assessed
$4,760,000
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$1,470,400
Assessed improvement
$3,289,600
Land market value
$1,470,400
Improvement market value
$3,289,600
Total market value
$4,760,000
Applied tax rate
17.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Total area
16,436 SF
Lot
7.27 ac (316,681 SF)
Zoning code
R12
APN
17 00022- 01-00001- 11
UPID
US59-1596640
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
R12 · Lumberton, NJ
Zoning R12 · permitted uses
R12 · Lumberton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lumberton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Lot
7.27 ac
Current owner
From public records · entity-resolved
Dorado Apartments LLC
Entity
Mailing address
4 EXECUTIVE CAMPUSST200, CHERRY HILL, NJ 08002-4105
Ownership since
2014
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
Mar 18, 2014
$976,880
Dorado Apartments LLC
Mountain Holdings LLC
Grant Deed
$8,250,000 · Customers Bk
Dec 26, 2013
—
Mountain Holdings LLC
Dorado Garden Apts LLC
Grant Deed
related
—
—
—
Dorado Apartments LLC
—
Deed Of Trust
related
$8,250,000 · Santander Bk NA
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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