Financial
Distress signals
Property profile

187 Main St Milltown, NJ 08850

OFF-MARKET
Commercial real estate
Property ID
US59-0597381
1,984 SF 0.17 ac lot Built 1948
Last sale Feb 2023 · $462,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$8k
Tax billed · 2022
Assessed value · 2023$128k
Assessed land$70k
Assessed improvement$58k
Effective rate6.60%

Value estimate

· Sep 2026
$530k
$477k – $583k
AI approach$495k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$224/SF
County average, outlier-cleaned · 642 recorded sales of this use type
Observed band · Q1–Q3$144 – $339
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
B-3 Limited Commercial. [ Ord. No. 919 Art. XV, K; Ord. No. 13-1378 § 3; Ord. No. 13-1382 § 3] The following regulations shall apply in t...
General categoryCOMMERCIAL
JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.3
Daycare Center8.9
Carpet & Flooring Store8.8

Location

187 Main St Milltown, NJ 08850-1419
County assessor Recorded deeds · 3 transfers 16 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
Washington Ave Ryders La, Milltown, NJ 08850 $1,700,000 Oct 2024 1,769 SF
214 Main, Milltown, NJ 08850-1828 $199,000 Aug 2024 1,396 SF
70 Frd, Milltown, NJ 08850-1534 $320,000 Feb 2023 1,745 SF
123 Main, Milltown, NJ 08850-1567 $650,000 Jan 2022 3,052 SF
21 Frd, Milltown, NJ 08850-1531 $387,000 Sep 2021 2,136 SF
219 Main, Milltown, NJ 08850 $290,000 Oct 2019 2,436 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
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