Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Rte 40 Elmer, NJ 08318

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US59-2197693
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for Rte 40

    Property type
    Commercial real estate
    APN
    14 00011-0000-00036-0000-B01
    APU
    14000110000000360000B01

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elmer
    County
    Salem
    State
    New Jersey
    Longitude
    -75.1575
    Latitude
    39.5604
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $60
    $0.00
    $2,000
    $2,000
    -
    $0.00
    $2,000
    $2,000

    Comparable in this City

    • Value Estimation by Request

      Harding Hwy

      COMMERCIAL (GENERAL)
      Harding Hwy, Elmer, NJ 08318
      View Details
    • Value Estimation by Request

      372 Rte 40

      COMMERCIAL (GENERAL)
      372 Rte 40, Elmer, NJ 08318-2537
      View Details
    • Value Estimation by Request
      46,502 SF

      110 Almond Rd

      COMMERCIAL (GENERAL) • 46,502 SF
      110 Almond Rd, Elmer, NJ 08318-4238
      View Details
    • Value Estimation
      $290,000
      0.58 Acres

      203 Elmer St

      COMMERCIAL (GENERAL) • 0.58 Acres
      203 Elmer St, Elmer, NJ 08318-2263
      View Details
    • Value Estimation
      $295,000
      0.77 Acres

      440 Frnt St

      COMMERCIAL (GENERAL) • 0.77 Acres
      440 Frnt St, Elmer, NJ 08318-2177
      View Details
    • Value Estimation
      $345,000
      12.67 Acres

      1124-1126 Alvine Rd, Unit 1126

      COMMERCIAL (GENERAL) • 12.67 Acres
      1124-1126 Alvine Rd, Pittsgrove, NJ 08318-4206
      View Details

    Similar Nearby for Sale

    • $775,000
      87,120 SF

      Prime Elmer Auto Repair Shop

      Turn-key auto repair business, high traffic location.
      410 Route 40, Elmer, NJ 08318
      View Details
    • $170,000
      3.33 Acres

      Residential Land in Pittsgrove, NJ

      Residential land for sale in a country setting.
      0-00011 02 Lawrence Cor Rd, Pittsgrove, NJ 08318
      View Details
    • $200,000
      34.13 Acres

      34-Acre Wooded Property in Pittsgrove

      34-acre wooded property ideal for hunting, recreation, or homesteading.
      51 Laurel Ave, Pittsgrove, NJ 08318
      View Details
    • $80,000
      4.06 Acres

      Wooded Land in Pittsgrove, NJ

      4.06-acre wooded lot zoned B1, suitable for farm or development.
      Levishohn St, Pittsgrove, NJ 08318
      View Details
    • $170,000
      2.83 Acres

      Residential Land in Pittsgrove, NJ

      2.83 acre residential land for sale in Pittsgrove, NJ.
      0-00011 010 Mc Kishen Rd, Pittsgrove, NJ 08318
      View Details
    • Contact for pricing
      0.88 Acres

      Elmer Office Suites - Prime Location

      Modern offices, ample parking, utilities included.
      340 Front St, Elmer, NJ 08318
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      38,333 SF

      ELMER, NJ Office Space

      Office complex near Premier Doctors and Elmer Hospital with parking.
      340 Front St, Centerton, NJ 08318
      View Details
    • $1,500 /Mo
      14,810 SF

      Pittsgrove Retail Space For Lease

      Commercial lease opportunity with storefront, storage, and ample parking.
      1193 Gershal Ave, Pittsgrove, NJ 08318
      View Details
    • $16 SF/Yr

      Medical/Office Space in Elmer, NJ

      Versatile 1,979 SF space ideal for medical or office use.
      399 Front St, Centerton, NJ 08318
      View Details
    • $1,500 /Mo
      38,333 SF

      Elmer, NJ Office Complex Lease

      Office complex near Premier Doctors and Elmer Hospital with parking.
      340 Front St, Centerton, NJ 08318
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Rte 40
    Elmer, NJ 08318
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.