Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

167 N Main St N 169 Milltown, NJ 08850

FOR SALE
Other commercial real estate
Property ID
US59-1265243
2,352 SF 0.17 ac lot Built 1963
Last sale Apr 2018 · $350,000
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 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

This multi-office commercial property consists of six separate office suites within a building constructed in 1963. Two of the offices are equipped with sinks, supporting professional or medical-oriented room configurations. The building has newer water heaters and air-conditioning units, and it is served by a rear parking area accommodating 10 cars. The property is located at 167 N Main Street (Unit #169) in Milltown, New Jersey, and its multi-suite layout is suited to office use, including potential owner-occupant arrangements alongside additional dedicated workspace.

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?
$13k
Tax billed · 2022
Assessed value · 2023$190k
Assessed land$70k
Assessed improvement$120k
Effective rate6.60%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$305k
NOI build-up
Gross scheduled income$71k
Vacancy & credit loss−$5k
Operating expenses−$30k
NOI · 4.83% cap applied$36k

Realmo valuation models over county records and 14 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 comparables14

Cap rate analysis

How does the asset earn?
4.83%
$36k 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?
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: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center9.5
Computer & Electronic Repair9.4
Tailor Shop9.4

Location

167 N Main St N, Unit 169 Milltown, NJ 08850
County assessor Recorded deeds · 1 transfer 14 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
70 Frd, Milltown, NJ 08850-1534 $320,000 Feb 2023 1,745 SF
187 Main, Milltown, NJ 08850-1419 $462,500 Feb 2023 1,984 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
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
Why this one?
Saved
Reason not saved — we won't ask again