Financial
Distress signals
Property profile

608 N High St Millville, NJ 08332

FOR LEASE
Commercial real estate
Property ID
US59-1203558
6,899 SF 0.18 ac lot Built 1990
Last sale Dec 2024 · $260,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional two-story, 6,899 sq ft office building in Millville, NJ, presents a remarkable investment opportunity. Located on a 0.306-acre lot at 608-616 N High St, this Class C property boasts 11 units, 22 parking spaces, and is currently vacant, offering immediate potential for high returns. Built in 1990, the building features two downstairs units, each with private bathrooms and reception areas, ideal for medical or professional services. Upstairs, nine designated office spaces

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$350k
Assessed land$76k
Assessed improvement$274k
Effective rate3.79%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$174k
Vacancy & credit loss−$22k
Operating expenses−$61k
NOI · 912,740.00% cap applied$91k

Realmo valuation models over county records and 11 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 comparables11

Cap rate analysis

How does the asset earn?
912,740.00%
$91k 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
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 agency13.6
Parking Facility10.8
Bakery9.5

Location

608 N High St Millville, NJ 08332
County assessor Recorded deeds · 4 transfers 11 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
701 High N, Millville, NJ 08332-3019 $145,000 Dec 2025 4,621 SF
10 Broad, Millville, NJ 08332-2926 $170,000 Jan 2025 4,650 SF
129 High N, Millville, NJ 08332-3840 $335,000 Dec 2024 6,374 SF
223 Main, Millville, NJ 08332-5351 $305,000 Nov 2024 3,960 SF
24 2nd, Millville, NJ 08332-6510 $237,500 Sep 2024 6,696 SF
16 Pne, Millville, NJ 08332-3836 $250,000 Jul 2024 3,522 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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