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Financial
Distress signals
Property profile

201 Kates Blvd Millville, NJ 08332

FOR SALE
Commercial real estate
Property ID
US59-1387216
6,132 SF 0.55 ac lot Built 1980
Last sale Jul 2024 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 800-square-foot office space is located in Holly City Plaza, a six-unit commercial building at 201 Kates Blvd, Millville, NJ 08332. Built in 1980, the plaza sits on a 0.55-acre lot and offers ample parking with 22 spaces. Suite 209 is a single-tenant space ideal for a variety of businesses, including retail, professional offices, or service-oriented enterprises. The building enjoys a high-traffic location, adjacent to R.M. Bacon Elementary School and a Methodist Church, ensuring…

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?
$7k
Tax billed · 2022
Assessed value · 2023$191k
Assessed land$45k
Assessed improvement$146k
Effective rate3.79%

Value estimate

· Oct 2026
$335k
$302k – $369k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$642
Operating expenses−$4k
NOI · 684.00% cap applied$10k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$41 – $101
Qualifying comparables5

Cap rate analysis

How does the asset earn?
684.00%
$10k 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-1
JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
Dental Office11.8
Spa & Massage11.4

Location

201 Kates Blvd Millville, NJ 08332
County assessor Recorded deeds · 7 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
701 High N, Millville, NJ 08332-3019 $145,000 Dec 2025 4,621 SF
10 Broad, Millville, NJ 08332-2926 $170,000 Jan 2025 4,650 SF
129 High N, Millville, NJ 08332-3840 $335,000 Dec 2024 6,374 SF
223 Main, Millville, NJ 08332-5351 $305,000 Nov 2024 3,960 SF
24 2nd, Millville, NJ 08332-6510 $237,500 Sep 2024 6,696 SF
1200 2nd, Millville, NJ 08332-2525 $45,000 Aug 2024 2,804 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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