101 High N St, Millville, NJ 08332-3831
This exceptional mixed-use investment opportunity encompasses two adjacent properties at 101 and 103 N High Street in Millville, New Jersey. The offering includes a prime, 3,200 square foot building situated on a 0.04-acre lot. 101 N High Street is a beautifully renovated building, boasting a spacious two-bedroom apartment on the upper level and a sizable commercial unit on the ground floor. The commercial space features impressively high ceilings, hardwood flooring, a dedicated back office, and a full bathroom. A full basement adds further utility and storage potential. A significant renovation in 2019 modernized all mechanical systems, ensuring the building is in excellent condition. Both units are currently vacant, allowing for immediate tenant selection and lease negotiations. This property presents a compelling chance to generate immediate cash flow while participating in the ongoing revitalization of Millville's vibrant downtown area. The sale includes the adjacent 103 N High Street, a second mixed-use building with two additional units, creating a substantial portfolio opportunity. This package deal offers significant potential for long-term growth and income generation in a rapidly developing area. The asking price for both properties is $199,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Millville, NJMillville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.