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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Residential income homes
870 Rte 130, Burlington, NJ 08016-2892
Entity Owned
4-yr Hold
Property ID
US59-1187283
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1968
Total area
4,313 SF
Lot
16.53 ac (720,047 SF)
Zoning code
R-2
APN
05 00222-0000-00006
UPID
US59-1187283
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
$680k
CAP Approach
CAP
$950k
Comparable Approach
Comparable
$716k
Blend (final)
Blend
$685k
Owner & transaction history
Cue Burlington Tic 1 LP · 4 yrs held
Cue Burlington Tic 1 LP
since 2022
7 recorded transactions
Zoning & alternative use
R-2 · Burlington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$800,000
+41.6%
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
$680,000
CAP Approach
CAP Return
Estimation
6%
$1,030,000
6.5%
$950,000
7%
$885,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$565,000
Current use
OFFICE BUILDING
$800,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$505,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$159 / 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
$452,253
Tax year 2022
Assessed value
$10,750,000
Assessed 2023
Previous assessed
$10,750,000
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$1,890,000
Assessed improvement
$8,860,000
Land market value
$1,890,000
Improvement market value
$8,860,000
Total market value
$10,750,000
Applied tax rate
5.0000
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
1968
Heating
NONE
Stories
2
Units
1
Total area
4,313 SF
Lot
16.53 ac (720,047 SF)
Zoning code
R-2
APN
05 00222-0000-00006
UPID
US59-1187283
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
R-2 · Burlington, NJ
Zoning R-2 · permitted uses
R-2 · Burlington, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$565,000
OFFICE BUILDING
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$505,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (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
1968
Heating
NONE
Stories
2
Units
1
Lot
16.53 ac
Current owner
From public records · entity-resolved
Cue Burlington Tic 1 LP
Entity
Mailing address
26 FRST AVE, LAKEWOOD, NJ 08701-2548
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2022
—
Cue Burlington Tic 1 LP
Bpa Holdings LLC
Bargain And Sale Deed
$34,000,000 · Hgi Commercial Funding II LLC
Jun 8, 2020
$9,930,196
Bpa Holdings LLC
Ap Burlington Court LLC
Grant Deed
$17,325,000 · New York Cmnty Bk
Nov 16, 2017
$12,145,596
Ap Burlington Court LLC
Burlington Gardens Associates
Grant Deed
related
$10,000,000 · Capital One Multifamily Fin
—
—
Burlington Gardens Assocs LP
—
Deed Of Trust
related
$300,000 · Cape Bk
—
—
Burlington Garden Associates L
—
Loan Modification
related
$3,400,000 · Cape Bk
—
—
Burlington Garden Assoc LLC
—
Deed Of Trust
related
$3,700,000 · Cape Bk
—
—
Burlington Garden Assocs LP
—
Deed Of Trust
related
$300,000 · Caprate Mortgage LLC
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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