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Property profile & analytics
OFF-MARKET
Residential income homes
223 2nd St Millville, NJ 08332-6515
Entity Owned
2-yr Hold
Property ID
US59-3151540
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1924
Construction
FRAME
Total area
3,396 SF
Lot
0.18 ac (7,749 SF)
APN
10 00413-0000-00013
UPID
US59-3151540
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ds2 Homes & Remodeling LLC · 2 yrs held
Ds2 Homes & Remodeling LLC
since 2024
Last sale
$323,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Millville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$6,539
Tax year 2022
Assessed value
$172,500
Assessed 2023
Previous assessed
$172,500
+0.0% YoY
Effective rate
3.79%
On assessed value
Assessed land
$35,900
Assessed improvement
$136,600
Land market value
$35,900
Improvement market value
$136,600
Total market value
$172,500
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1924
Construction
FRAME
Heating
NONE
Stories
3
Units
1
Rooms
20
Bathrooms
5
Total area
3,396 SF
Lot
0.18 ac (7,749 SF)
APN
10 00413-0000-00013
UPID
US59-3151540
Jurisdiction
CUMBERLAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1924
Construction
FRAME
Heating
NONE
Stories
3
Units
1
Rooms
20
Bathrooms
5
Lot
0.18 ac
Current owner
From public records · entity-resolved
Ds2 Homes & Remodeling LLC
Entity
Mailing address
100 WINDING BRK DR, CINNAMINSON, NJ 08077-4322
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2024
$323,000
Ds2 Homes & Remodeling LLC
Y&m Ventures LLC
Deed
$390,000 · Abl Rpc Residential Credit Acquisit
Jun 5, 2023
$100,000
Y&m Ventures LLC
223 2nd LLC
Bargain And Sale Deed
—
Aug 8, 2014
$165,000
223 2nd LLC
Jsk Management LLC
Bargain And Sale Deed
$115,500 · The First National Bank Of Elmer
Jun 4, 2004
$169,000
Jsk Mgmt LLC
Wzg Ent INC Nj Corp
Grant Deed
$127,500 · Commerce Bk
—
—
Wzg Ent INC
—
Deed Of Trust
related
$167,000 · Boardwalk Bk
—
—
Wzg Ent INC S-corp Nj
—
Deed Of Trust
related
$56,137 · Summit Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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