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    Property profile & analytics

    2223 2nd St Millville, NJ 08332-6200

    • Residential income homes
    • 9.70 lot acres
    OFF-MARKET
    Value Estimation
    $15,355,000
    Last Sale
    Nov 04, 2021
    $14,000,000
    Location Intelligence
    Property ID
    US59-0986740
    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.

    Current Use by Public Records

    • Delsea Village Apartments / Apartment Building
    • Precious Little Lambs Daycare / Child Care Agency
    • Williams Insulation / Insulation Contractor
    • ChromeHoster / Web Hosting Company
    • Mairey & Mayda Munchies / Food Products Supplier

    Property Details for 2223 2nd St

    Year built
    1979
    Lot size
    9.70 lot acres
    Zone code
    I-1
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    10 00581-0000-00022
    APU
    1000581000000022

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $15,960,000

    • CAP approach

      CAP return
      Estimation
      6%
      $13,785,000
      6.5%
      $14,155,000
      7%
      $13,855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $11,870,000
      Geo Method
      $14,590,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $14,100,000
      Retail
      $11,745,000
      Mixed-Use
      $11,855,000
      Hospitality
      $13,225,000
      Educational
      $15,005,000
      Residential Income
      $15,170,000
      Energy
      $12,595,000
      Income-Based Land
      $11,965,000
      Food Service
      $12,750,000

    Location Insight

    • Map
    • Local Demand
    City
    Millville
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.0175
    Latitude
    39.3682
    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
    $125,023
    $373,500
    $2,924,400
    $3,297,900
    -
    $373,500
    $2,924,400
    $3,297,900

    Comparable in this City

    • Value Estimation
      $245,000
      2,175 SF

      717 2nd St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,175 SF
      717 2nd St, Millville, NJ 08332-3029
      View Details
    • Value Estimation
      $14,735,000
      13.65 Acres

      1701 Broad St

      APARTMENT HOUSE (UNDER 5 UNITS) • 13.65 Acres
      1701 Broad St, Millville, NJ 08332-1697
      View Details
    • Value Estimation
      $345,000
      1,618 SF

      227 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,618 SF
      227 Main St, Millville, NJ 08332-4317
      View Details
    • Value Estimation by Request
      936 SF

      800 Cedar St

      APARTMENT HOUSE (UNDER 5 UNITS) • 936 SF
      800 Cedar St, Millville, NJ 08332-4454
      View Details
    • Value Estimation by Request
      22.26 Acres

      301 Wade Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 22.26 Acres
      301 Wade Blvd, Millville, NJ 08332-2200
      View Details
    • Value Estimation by Request
      6.17 Acres

      2213 2nd St

      APARTMENT HOUSE (UNDER 5 UNITS) • 6.17 Acres
      2213 2nd St, Millville, NJ 08332-6226
      View Details

    Similar Nearby for Sale

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      Millville Commercial Property with Apartment

      Commercial space with a three-bedroom apartment for owner occupancy.
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    • $223,900

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      Retail space with a three-bedroom apartment for extra income.
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    • $150,000
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      Multifamily property with two units, ideal for investors or owner-occupants.
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      Millville Multi-Family Investment Opportunity

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    Similar Nearby for Lease

    • $11 SF/Yr

      Millville Retail/Office/Restaurant Space Available

      Prime commercial space suitable for retail, office, or restaurant use.
      1600 High St N, Millville, NJ 08332
      View Details
    • $11 SF/Yr

      Retail Space in Millville Center

      Modern retail space available for lease in Millville, New Jersey.
      1600 N High St N, Millville, NJ 08332
      View Details
    • Contact for pricing
      44,000 SF

      Industrial Space with Drive-In Doors

      44,000 SF industrial space featuring multiple loading options.
      20 Bogden Blvd, Millville, NJ 08332
      View Details
    • Contact for pricing
      53,994 SF

      Industrial Warehouse Space Available

      Industrial warehouse space for rent with convenient access to ports.
      1401 Wheaton Ave, Millville, NJ 08332
      View Details
    • $700 /Mo

      Office Space in Millville, NJ

      Office space for rent in Millville Airport Industrial Zone.
      207 Bogden Blvd, Millville, NJ 08332
      View Details
    • $3,681 /Mo

      Millville Office Suite For Lease

      Office suite in Millville Airport Industrial Zone available for lease.
      207 Bogden Blvd, Millville, NJ 08332
      View Details
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    2223 2nd St
    Millville, NJ 08332-6200
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    Realmo Value Estimation

    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.

    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.

    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
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