Property profile

7021 Miller Ave Port Norris, NJ 08349

FOR SALE
Other commercial real estate
Property ID
US59-1658773
2.95 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

The property at 7039 Miller Avenue in Commercial Township, Cumberland County consists of a marina facility on the Maurice River with over 600 feet of water frontage and reported water depths of approximately 25 to 50 feet, situated near the Delaware Bay. The listing references transferable lifetime riparian rights, along with an oyster-related permit and rights associated with oyster cultivation and use of an oyster dock; the dock is described as including an 18-ton swing crane. The marina configuration is reported to include approximately 25 to 30 boat slips served by floating docks positioned in the river for potential additional berths. The included parcel(s) include two properties (7021 and 7039 Miller Avenue) on one deed and are described as potentially subdividable. The lot size is reported as 2.95 acres, and the property at 7039 Miller Avenue is described as having three-phase electric service and an artisan well. Included on-site equipment is described as a 3-axle J ersey contraction trailer, a 1965 350-series track loader, a 1975 Case forklift, storage trailers, and one office trailer.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Lot 2.95 ac (128,502 SF)
Zoning code C/R
APN 02 00226-0000-00004
UPID US59-1658773

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Processing Plant

Location

7021 Miller Ave Port Norris, NJ 08349
Port Norris metro Census 10200 VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

Zoning & alternative use

C/R · Port Norris, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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