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Financial
Distress signals
Property profile

46 N Main St N Milltown, NJ 08850

FOR LEASE
Other commercial real estate
Property ID
US59-1164244
0.28 ac lot
Last sale Aug 2021 · $645,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a warehouse/garage unit located at 46 N Main Street, Unit #2, Milltown, New Jersey. It includes three garage bays designed for routine access and operation, a private bathroom, and interior systems and amenities that include heat, high ceilings, and LED lighting. The unit also features an additional loft level for supplementary storage and organization of extra items.

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?
$28k
Tax billed · 2022
Assessed value · 2023$425k
Assessed land$142k
Assessed improvement$282k
Effective rate6.60%

Value estimate

· Oct 2026
$645k
$581k – $710k
AI approach$565k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 807.24% cap applied$20k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$224/SF
County average, outlier-cleaned · 642 recorded sales of this use type
Observed band · Q1–Q3$144 – $339

Cap rate analysis

How does the asset earn?
807.24%
$20k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.8
Dental Office17.5
Law Firm15.3

Location

46 N Main St N Milltown, NJ 08850
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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
Washington Ave Ryders La, Milltown, NJ 08850 $1,700,000 Oct 2024 1,769 SF
214 Main, Milltown, NJ 08850-1828 $199,000 Aug 2024 1,396 SF
71-75 No Main, Milltown, NJ 08850-1519 $850,000 Apr 2024 5,542 SF
158 Ryders, Milltown, NJ 08850-1329 $3,500,000 Jan 2024 No data
101 Main, Milltown, NJ 08850-1521 $600,000 Jul 2023 3,636 SF
88 Main, Milltown, NJ 08850-1820 $600,000 May 2023 No data
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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