Property profile

53 Main St Mullica Hill, NJ 08062

FOR SALE
Office buildings
Property ID
US59-1837094
960 SF 0.6 ac lot Built 1940
Individually Owned 12-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A historic multi-use property featuring an 1860 Colonial-style main residence and outbuildings, listed on the National Historic Register and located on Main Street within an active Main Street business corridor. The property totals 6,514 square feet and includes a primary residence with 1,820 square feet on the main level, configured for owner-occupant use with wide plank wood floors, decorative moldings, built-in features, multiple private rooms that can function as conference space or offices, a kitchen, and radiant gas heat. Access is provided from both front and rear through covered porches, along with ample off-street parking. The upper levels contain three residential units: a 745-square-foot second-floor apartment with a spacious living room, updated bedroom, and a full bath with a stall shower; an adjacent studio apartment with a full bath that has been finished with new carpeting and fresh paint and is currently used as a media room; and a third-floor unit totaling 705 square feet with a bedroom, full bath, living room, dining area, kitchen, and a private deck. At the rear is a private cottage, originally the Gloucester County law office, set within mature landscaping and a gazebo. Also on-site is a two-story historic barn constructed in 1860 with 2,567 square feet, T-III siding, a metal roof, semi-split heating and air conditioning, and exposed wood rafters; the barn includes three large open rooms with built-ins and a professionally waterproofed basement.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Construction FRAME
Total area 960 SF
Lot 0.6 ac (26,136 SF)
Zoning code C1H
APN 08 00073-0000-00024
UPID US59-1837094

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Eye Care Center
  • Physician
  • Real Estate Agency
  • Financial Advisor
  • Real Estate Agency

Location

53 Main St Mullica Hill, NJ 08062
Mullica Hill metro Census 502002 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2014
5 recorded transactions
2014
$372,500
2004
$442,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1H · Mullica Hill, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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