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    215 Miller Rd Lakewood, NJ 08701

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    For Sale
    $699,000

    Residential lot in a desirable area, concept plan available.

    Property size:
    858 SF

    Property Features for 215 Miller Rd

    General Information

    Standard status
    Active
    Size
    858 SF
    Source: Corcoran

    Listing Agent: Alexander Sevy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Miller Road

    This property features a 10,000 square foot lot located in the Miller Road area. An existing 900 square foot house is situated on the lot and is currently leased. The lot can accommodate a house of approximately 4,500 square feet, and a concept plan is available upon request. The property is located around the corner from Shady Lane.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2456191
    Latitude
    40.0963682

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in a desirable area, concept plan available.
    Where is this residential land & home lot located?
    The property is located at 215 Miller Rd Lakewood, NJ.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Large 10,000 sq ft lot size.; - Located in the desirable Miller Rd area.; - Potential to build a significantly larger house (approx. 4500 sq ft).
    Request Owner's contact information
    215 Miller Rd Lakewood, NJ 08701
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    Lakewood, NJ 08701
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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
    215 Miller Rd Lakewood, NJ 08701
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