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    301 Broad St Milmay, NJ 08340

    For Sale
    $375,000

    Commercial - Milmay, NJ

    Lot size:
    2.92 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 301 Broad St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PVRC
    Rooms
    Basement, Bathroom 1
    Bathrooms
    1
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    220 Volt Electricity
    Basement Y/N
    1
    Lot size
    2.92 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Forced Air, Oil
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    1
    Flooring type
    Carpet
    Roof type
    Asphalt

    Century 21 Frick Realtors [email protected] [email protected]

    Listing agent WANDA BUTLER c21frick@aolcom License #0563263

    Listing date Nov 26, 2025

    MLS# 597220 Listing URL

    Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Prime Location

    This 2.92-acre commercial property is located in Milmay, New Jersey, and is zoned (PVRC) Pinelands Village Residential/Commercial District. The property is situated across the corner from a Dollar General and Sidelines East Sports Bar and Grill. Permitted uses include retail sales, service establishments, banks, offices, theaters, restaurants, and personal service shops, among other commercial uses. Pinelands and Township approvals, along with a possible variance for lot frontage and the vacating of Tyler Ave, will be required. The existing property features a charming older farmhouse with a wrap-around porch. The interior includes new carpet in the living room, dining room, and kitchen, a brick fireplace with a wood stove in the living room, and wood ceilings in the living and dining room. A built-in Murphy bed is located in the dining room, and there is a laundry room off the kitchen. The large eat-in kitchen offers ample cabinets. A full tile bathroom is on the first floor, and there are three bedrooms on the second floor, with a possible fourth bedroom that could serve as a walk-through or study/office. The home has a central air system, a walk-up floored attic with an attic fan, and a Bilco door to the full basement with an inside entrance. An in-ground sprinkler system is also present. The sale includes three lots: Lot #6 at 301 Broad St (0.2632 acres), Lot #5 on Rail Road Blvd (0.5656 acres), and Lot #4 on Rail Road Blvd (2 acres). The property is being sold in AS IS condition, and the buyer is responsible for all inspections, certifications, and repairs to close.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Food Market Grocery Store Gym & Fitness Building Supply Bar & Pub Department Store Wholesale Shop Computer & Electronic Repair Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milmay
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.8649
    Latitude
    39.4478

    FAQs

    What type of property is this?
    Commercial land - 2.92 acres of commercial land in Milmay, New Jersey.
    Where is this commercial land located?
    The property is located at 301 Broad St Milmay, NJ.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime commercial location with (PVRC) zoning, allowing diverse business opportunities.; - 2.92 acres comprised of 3 lots, exceeding the zone's 2.5-acre minimum.; - Existing charming older farmhouse offers immediate use or potential for redevelopment.
    21
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    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
    301 Broad St Milmay, NJ 08340
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