Property profile

187 Main St Milltown, NJ 08850

OFF-MARKET
Commercial real estate
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Property ID
US59-0597381
1,984 SF 0.17 ac 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.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

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

Realmo valuation models over county records and 5 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 comparables5

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 5 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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