Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

44 N Main St N Milltown, NJ 08850

FOR LEASE
Office buildings
Property ID
US59-1515743
2,520 SF 0.33 ac lot Built 1878
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This updated second-floor office suite contains approximately 2,300 square feet and features modern interior finishes. The interior layout includes five private offices, two reception areas, a conference room, an updated bathroom, a kitchen/break room, and a large bullpen area designed for open workstations. The suite is served by off-street parking for approximately six vehicles and is situated with access to major highways and transportation routes to New York City, supporting convenient…

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 · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value · 2024$261k
Assessed land$156k
Assessed improvement$105k
Effective rate6.63%

Value estimate

· Oct 2026
$360k
$324k – $396k
CAP approach$635k
Submarket $/SF estimate$894k
NOI build-up
Gross scheduled income$70k
Vacancy & credit loss−$22k
Operating expenses−$12k
NOI · 888.55% cap applied$36k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$273/SF
County average, outlier-cleaned · 176 recorded sales of this use type
Observed band · Q1–Q3$194 – $355
Qualifying comparables3

Cap rate analysis

How does the asset earn?
888.55%
$36k 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
B-1 Commercial District Zone. [ Ord. No. 919 Art. XV, H; Ord. No. 07-1253 § 1; Ord. No. 13-1378 § 3; Ord. No. 13-1382 § 3] The following ...
General categoryCOMMERCIAL
JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.0
Computer & Electronic Repair9.4
Tailor Shop9.4

Location

44 N Main St N Milltown, NJ 08850
County assessor Recorded deeds · 1 transfer 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

9 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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
Why this one?
Saved
Reason not saved — we won't ask again