Realmo Analytics

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Property profile

228 N High St N Millville, NJ 08332

FOR SALE
Other commercial real estate
Property ID
US59-1094557
968 SF 0.03 ac lot Built 1914
Last sale Oct 2026 · $132,700
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial storefront property is configured for service use as a barber and beauty salon, with four professional hair stations, two dryer stations, and two shampoo stations. The interior includes a handicap-accessible half bathroom, a shower stall, and two additional rooms suitable for office, consultation, or private treatment use. Located in downtown Millville within the business district, the compact layout is organized around multiple customer-facing and work stations alongside…

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?
$3k
Tax billed · 2022
Assessed value · 2023$83k
Assessed land$21k
Assessed improvement$62k
Effective rate3.79%

Value estimate

· Oct 2026
$280k
$252k – $308k
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$869
Operating expenses−$6k
NOI · 11.10% cap applied$14k

Realmo valuation models over county records and 3 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 comparables3

Cap rate analysis

How does the asset earn?
11.10%
$14k 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
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 agency14.2
Parking Facility11.0
Law Firm10.0

Location

228 N High St N Millville, NJ 08332
County assessor Recorded deeds · 3 transfers 3 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
502 High N, Millville, NJ 08332-3009 $125,000 Feb 2026 1,917 SF
4425 Main, Millville, NJ 08332-1455 $560,000 Dec 2025 1,623 SF
618 Main, Millville, NJ 08332-3439 $140,000 Jun 2025 860 SF
540 Main, Millville, NJ 08332-4324 $10,000 May 2025 600 SF
214 2nd, Millville, NJ 08332-6502 $185,000 Mar 2025 1,986 SF
504 High N, Millville, NJ 08332-3009 $30,000 Sep 2024 1,710 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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