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    502 High St N Millville, NJ 08332

    For Sale
    $150,000

    MULTI_FAMILY - MILLVILLE, NJ

    Property size:
    1,917 SF
    Lot size:
    0.03 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 502 High St N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Size
    1,917 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Electric (Heating), Baseboard

    Building Details

    Year built
    1910
    Number of units
    2

    DePalma Realty LLC (856) 825-5500 [email protected]

    Listing agent Michael DePalma (609) 501-4162 License #1328898

    Listing date Oct 31, 2025

    MLS# NJCB2027266 Listing URL

    Copyright © 2025 Bright 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

    Mixed-Use Building in Downtown Millville

    This mixed-use property is located in downtown Millville. The 1,917 square-foot building features a 2-bedroom apartment upstairs and a commercial unit downstairs. The upstairs apartment is ready to rent. The property is situated on a block with established businesses, including a restaurant and gallery. The building offers the option to rent both units for income or to live upstairs and operate a business downstairs. Both units are currently vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Millville
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.03892
    Latitude
    39.40074

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    FAQs

    What type of property is this?
    Mixed-use property - Two-unit building with commercial and residential spaces in downtown Millville.
    Where is this mixed-use property located?
    The property is located at 502 High St N Millville, NJ.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Two-unit building offering both residential and commercial income potential.; - Vacant units allow for immediate rental or owner-occupancy options.; - Prime downtown Millville location near established businesses.
    (609) 501-4162
    Request Owner's contact information
    502 High St N Millville, NJ 08332
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    Millville, NJ 08332
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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
    502 High St N Millville, NJ 08332
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