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Commercial Office/Residential (Mixed Use)Commercial

463 ROUTE 40

ELMER, NJ 08318
0
Baths
8,248 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1 ac
Lot SizeThe size of the land the home sits on, from county records.
1942
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$12,048 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$388,900 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$90,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$298,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$388,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$388,900

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.56
63
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
25
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
72
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
88
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
32
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.28 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial Office/Residential (Mixed Use)
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountySALEM
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1984
ConstructionThe main material the home's frame and walls are built from.Concrete Blocks
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(8)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Arthur P. Schalick High SchoolD+
High · Grades 9–12 · 1.9 mi
M
Pittsgrove Township Middle SchoolC
Middle · Grades 5–8 · 2.1 mi
E
Elmer Elementary School
Elementary · Grades KG–1 · 2.6 mi

District: Pittsgrove Township School District

Neighborhood · ZIP 08318These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.48
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.62

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.12,838
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.159 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$89,847
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$111,573
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

463 Route 40 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Elmer 08318
  • Has a bigger lot than 73% of homes in Salem County
  • Older than 79% of homes in Elmer 08318

How it measures up in Elmer 08318

The dot is this home. The mark in the middle is the typical home in Elmer 08318.

Living area8,248 ft²
SmallerTypical 1,664 ft²Bigger

Bigger than almost all homes nearby

Lot size1 ac
SmallerTypical 1.12 acBigger

Bigger than 47% of homes nearby

Year built1942
OlderTypical 1975Newer

Newer than 21% of homes nearby

How 463 Route 40 ranks against every home in each area.
MeasureThis homeElmer 08318Salem County
Living areabigger than8,248 ft²almost all homesalmost all homes
Lot sizebigger than1 ac47% of homes73% of homes
Year builtnewer than194221% of homes32% of homes

About 463 Route 40

When did 463 Route 40, Elmer, NJ last sell?

463 Route 40, Elmer, NJ last sold on Dec 16, 2008, according to the county's recorded deed.

When was 463 Route 40, Elmer, NJ built?

463 Route 40, Elmer, NJ was built in 1942, making it 84 years old. It is a condo/apartment home. The building has 2 stories.

What schools serve 463 Route 40, Elmer, NJ?

463 Route 40, Elmer, NJ is assigned to Arthur P. Schalick High School (high), rated D+; Pittsgrove Township Middle School (middle), rated C; Elmer Elementary School (elementary). All sit in Pittsgrove Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 463 Route 40, Elmer, NJ compare to other homes in Elmer 08318?

Among the 3,606 homes in Elmer 08318, it is bigger than almost all of them (8,248 ft² against a typical 1,664 ft²), its lot is bigger than 47% of them (1 ac against a typical 1.12 ac) and it is newer than 21% of them (1942 against a typical 1975). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 463 Route 40, Elmer, NJ?

The 2025 property tax bill for 463 Route 40, Elmer, NJ was $12,048. The county assessed it at $388,900.

More homes on Route 40

Closest homes

More homes in Elmer 08318

Assigned schools

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