Financial
Distress signals
Property profile

514 State Route 33 Millstone, NJ 08535

FOR LEASE
Other commercial real estate
Property ID
US59-2079784
15,095 SF 10.05 ac lot Built 2002
Last sale Jul 2019 · $4,875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a mixed-use commercial facility containing retail, office, and warehouse spaces. The configuration includes approximately 4,000 +/- square feet of retail/office area and a warehouse component ranging from about 1,500 to 4,000 +/- square feet, with the space designed to be adaptable for different tenant needs through potential build-out or alterations. It is located on heavily traveled Highway 33 in Millstone, New Jersey, providing substantial roadside exposure. The property is zoned General Highway Commercial.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$41k
Tax billed · 2022
Assessed value · 2023$1.70M
Assessed land$571k
Assessed improvement$1.12M
Effective rate2.42%

Value estimate

· Sep 2026
$2.68M
$2.41M – $2.94M
CAP approach$3.14M
NOI build-up
Gross scheduled income$257k
Vacancy & credit loss−$15k
Operating expenses−$73k
NOI · 605,107.14% cap applied$169k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$324/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$157 – $529
Qualifying comparables15

Cap rate analysis

How does the asset earn?
605,107.14%
$169k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HC
HC, HIGHWAY COMMERCIAL ZONE. [ Ord. No. 96-16 ; Ord. No. 00-04 § III] Purpose: The Highway Commercial zoning district is intended to prov...
General categoryCOMMERCIAL
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop9.5
HVAC Service9.4
Hair Salon8.8

Location

514 State Route 33 Millstone, NJ 08535
County assessor Recorded deeds · 7 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
352 Sweetmans, Millstone Twp, NJ 08535-1216 $507,000 Feb 2022 2,386 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message