Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
95 Mays Lndg Rd Somers Point, NJ 08244
Entity Owned
3-yr Hold
Free & Clear
Property ID
US59-1980603
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1973
Construction
FRAME
Lot
1.7 ac (73,920 SF)
Zoning code
RECB
APN
21 01953-0000-00001- 01
UPID
US59-1980603
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
95 97 Mays Landing Road LLC · 3 yrs held
95 97 Mays Landing Road LLC
since 2023
7 recorded transactions
Zoning & alternative use
RECB · Somers Point, 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 Somers Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somers Point 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
$29,093
Tax year 2022
Assessed value
$870,800
Assessed 2023
Previous assessed
$870,800
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$501,800
Assessed improvement
$369,000
Land market value
$501,800
Improvement market value
$369,000
Total market value
$870,800
Applied tax rate
21.0000
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
1973
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
1.7 ac (73,920 SF)
Zoning code
RECB
APN
21 01953-0000-00001- 01
UPID
US59-1980603
Jurisdiction
ATLANTIC
Zoning & alternative use
RECB · Somers Point, NJ
Zoning RECB · permitted uses
RECB · Somers Point, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Somers Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
95 97 Mays Landing Road LLC
Entity
Free & Clear · 3 yrs held
Mailing address
121 WN LN, CONSHOHOCKEN, PA 19428-1312
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2023
—
95 97 Mays Landing Road LLC
David Erb
Deed
—
Jun 11, 2021
—
David Erb
—
Deed
related
$2,400,000 · Brian Blair
Sep 9, 2014
$250,000
David Erb
Mfc Jennings Gateway LLC
Grant Deed
$500,000 · Private Individual
Jan 16, 2014
$100
Mfc Jennings Gateway LLC
Sheriff Of Atlantic County
Trustees Deed
related
—
Jan 12, 2006
—
Jennings Gateway Marina LLC
—
Trustees Deed
related
$170,000 · Cheryl Platt
Nov 14, 2002
$389,600
Jennings Gateway Marina LLC
Geese,jerry L & Jacqueline
Grant Deed
$300,000 · Jerry L & Jacqueline Geese
—
—
Jerry L Geese
—
Deed Of Trust
related
$100,000 · Commerce Bank NA
—
—
Jennings Gateway Marina LLC
—
Deed Of Trust
related
$20,000 · Rtc Services Ptshp
—
—
Jennings Gateway Marina LLC
—
Deed Of Trust
related
$150,000 · Richard Stretton
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 95 Mays Lndg Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
