Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2100 N 2Nd St Millville, NJ 08332
    Property profile & analytics

    2100 N 2Nd St Millville, NJ 08332

    View on Map
    • Commercial real estate
    • 11.81 lot acres
    For Lease
    $520,000
    View Listing →
    Millville Retail Space Available For Lease
    $520,000
    31,799 SF

    Millville Retail Space Available

    Retail spaces available, ranging from 2,500 to 31,799 SqFt.

    2100 N 2nd St, Millville, NJ 8332
    View Listing
    Property ID
    US59-1676022
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $520,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CVS / Pharmacy
    • Pizza Hut Express / Restaurant
    • CVS Pharmacy / Pharmacy
    • Target Mobile / Mobile Phone Store / Electronics & Wireless Store
    • TagWorks / (Bike/Boat/Book/etc) Store / Pet Store & Service

    Property Details for 2100 N 2Nd St

    Lot size
    11.81 lot acres
    Zone code
    X
    Property type
    Commercial real estate
    APN
    10 00227-0000-00002- 01
    APU
    100022700000000201

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $520,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Millville
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.0403
    Latitude
    39.4207
    CBSA code
    47220
    CBSA name
    VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $596,442
    $1,040,500
    $14,692,600
    $15,733,100
    -
    $1,040,500
    $14,692,600
    $15,733,100

    Comparable in this City

    • Value Estimation by Request
      0.39 Acres

      1950 2nd St

      COMMERCIAL (GENERAL) • 0.39 Acres
      1950 2nd St, Millville, NJ 08332-9645
      View Details
    • Value Estimation by Request
      12.16 Acres

      2105 2nd St

      COMMERCIAL (GENERAL) • 12.16 Acres
      2105 2nd St, Millville, NJ 08332-1303
      View Details
    • Value Estimation
      $660,000
      31.69 Acres

      2225 2nd St, Unit 2299

      COMMERCIAL (GENERAL) • 31.69 Acres
      2225 2nd St, Millville, NJ 08332-1305
      View Details
    • Value Estimation by Request
      1.14 Acres

      102 Bluebird Ln

      COMMERCIAL (GENERAL) • 1.14 Acres
      102 Bluebird Ln, Millville, NJ 08332-1322
      View Details
    • Value Estimation by Request
      17.86 Acres

      913 Bridgeton Ave

      COMMERCIAL (GENERAL) • 17.86 Acres
      913 Bridgeton Ave, Millville, NJ 08332
      View Details
    • Value Estimation by Request
      5.70 Acres

      101 Cottage St

      COMMERCIAL (GENERAL) • 5.70 Acres
      101 Cottage St, Millville, NJ 08332-4832
      View Details

    Similar Nearby for Sale

    • $235,000

      412 High St, Millville, NJ 08332

      Commercial real estate
      412 High St, Millville, NJ 08332
      View Details
    • $185,000
      1,986 SF

      Millville Mixed-Use Investment Property

      Two-unit building, high rental income potential.
      214 2Nd St, Millville, NJ 08332
      View Details
    • Contact for pricing
      5,060 SF

      501 Buck Street 427 Buck Street, Millville, NJ 08332

      Flex space • 5,060 SF
      501 Buck St, Millville, NJ 08332
      View Details
    • Contact for pricing
      27,463 SF

      Medical/Professional Office Investment Opportunity

      Value-add opportunity in improving Southern New Jersey submarket.
      1601 North 2Nd St, Millville, NJ 08332
      View Details
    • $97,500
      Pending

      Industrial Land on Columbia Avenue

      Prime industrial property for sale on Columbia Avenue.
      824 Columbia Ave, Millville, NJ 08332
      View Details
    • Contact for pricing
      0.51 Acres

      Land in Lawrence Township, NJ

      Vacant land available in Lawrence Township, New Jersey.
      Carpenter Ave, Lawrence Twp, NJ 08332
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      800 SF

      Holly City Plaza, Suite 209

      Millville Office Space for Lease
      201 Kates Blvd, Millville, NJ 08332
      View Details
    • Contact for pricing

      Millville Retail Space Available

      Retail spaces available, ranging from 2,500 to 31,799 SqFt.
      2100 N 2Nd St, Millville, NJ 08332
      View Details
    • Contact for pricing
      5,227 SF

      Retail Space at Walmart Center

      Junior anchor and pad sites available in Millville, New Jersey.
      2267 N 2Nd St, Millville, NJ 08332
      View Details
    • Contact for pricing
      10,600 SF

      Office/Flex Space For Lease

      10,600 SF office/flex space with easy highway access.
      1600 Malone St, Millville, NJ 08332
      View Details
    • $12 SF/Yr
      124,146 SF

      Millville Commercial Space for Lease

      Versatile 20,000 sq ft space ideal for medical/professional offices.
      1200 High St N, Millville, NJ 08332
      View Details
    • Contact for pricing
      5,238 SF

      Retail Space in Power Center

      Retail opportunity in a multi-anchored shopping center.
      2108 N 2Nd St, Millville, NJ 08332
      View Details

    Property Visit Statistics

    • Visits by month
      136.5k
    • Visitors by month
      79.7k
    • Avg Time on site
      30 min
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2100 N 2Nd St
    Millville, NJ 08332
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2100 N 2Nd St, Millville, NJ, 08332
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!