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Property profile & analytics
OFF-MARKET
Estimated value
$5,515,000
Residential income homes
748 Bellevue Ave Hammonton, NJ 08037-1859
Entity Owned
3-yr Hold
Property ID
US59-1091836
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1960
Construction
BRICK
Lot
7.14 ac (311,018 SF)
Zoning code
R-1
APN
13 03606-0000-00016
UPID
US59-1091836
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
$5.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.52M
Owner & transaction history
Colonial Court Apartments LLC · 3 yrs held
Colonial Court Apartments LLC
since 2022
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
R-1 · Hammonton, 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 Hammonton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hammonton 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
$6,075,000
ML approach
$5,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.52M
Range $4.96M – $6.07M · ±10% · vs last sale $5.04M (Sep 22 2022)
Last sale anchor
$5.04M
Sep 22 2022
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
—
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
$87,147
Tax year 2022
Assessed value
$3,200,400
Assessed 2023
Previous assessed
$3,200,400
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$839,000
Assessed improvement
$2,361,400
Land market value
$839,000
Improvement market value
$2,361,400
Total market value
$3,200,400
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1960
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Lot
7.14 ac (311,018 SF)
Zoning code
R-1
APN
13 03606-0000-00016
UPID
US59-1091836
Jurisdiction
ATLANTIC
Zoning & alternative use
R-1 · Hammonton, NJ
Zoning R-1 · permitted uses
R-1 · Hammonton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hammonton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Lot
7.14 ac
Current owner
From public records · entity-resolved
Colonial Court Apartments LLC
Entity
Mailing address
250 OCEAN AVE, LAKEWOOD, NJ 08701-3549
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2022
$5,042,392
Colonial Court Apartments LLC
Roma Realty LLC
Deed
$8,590,000 · Kearny Bank
Mar 27, 2015
$5,100,000
Roma Realty LLC
Hansas LLC
Bargain And Sale Deed
$4,080,000 · Amboy Bank
Apr 29, 1988
$1,750,000
Colonial Court Associates
Unknown
Grant Deed
—
—
—
Hansas LLC
—
Deed Of Trust
related
$3,600,000 · Washington Mutual Fsb
—
—
Roma Realty LLC
—
Deed Of Trust
related
$5,250,000 · Amboy Bk
—
—
Hansas LLC
—
Deed Of Trust
related
$2,250,000 · New York Community Bank
—
—
Hansas LLC
—
Deed Of Trust
related
$2,700,000 · Washington Mutual Fsb
—
—
Hansas LLC
—
Deed Of Trust
related
$3,700,000 · Peapack Gladstone 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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