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Property profile & analytics
FOR SALE
Commercial real estate
92 Water St Milford, NJ 08848
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US59-3149975
For Sale
1 / 27
$1,000,000
92 Water St, Milford, NJ 08848
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
FRAME
Lot
0.46 ac (20,038 SF)
Zoning code
BUS
APN
20 00005-0000-00003
UPID
US59-3149975
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Milford House Restaurant
-
Milford Heating And Air Conditioning Co. HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Oyster LLC · 9 yrs held
Oyster LLC
since 2016
6 recorded transactions
Zoning & alternative use
BUS · Milford, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$14,136
Tax year 2022
Assessed value
$385,700
Assessed 2023
Previous assessed
$385,700
+0.0% YoY
Effective rate
3.67%
On assessed value
Assessed land
$78,300
Assessed improvement
$307,400
Land market value
$78,300
Improvement market value
$307,400
Total market value
$385,700
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.46 ac (20,038 SF)
Zoning code
BUS
APN
20 00005-0000-00003
UPID
US59-3149975
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
BUS · Milford, NJ
Zoning BUS · permitted uses
BUS · Milford, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Oyster LLC
Entity
Mailing address
79 ML ST, MILFORD, NJ 08848-1121
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2016
$586,000
Oyster LLC
Mise En Place Real Estate Vent
Grant Deed
$700,000 · Republic Bk
Oct 25, 2004
$375,000
Mise En Place INC
Otoole,henry M & Georgette
Grant Deed
—
Oct 25, 2004
$1
Mise En Place R/e Venture LLC
Mise En Place INC
Grant Deed
related
—
Apr 20, 2004
$375,000
Mise Enplace INC
Otoole,henry & Georgetta
Grant Deed
—
—
—
Amy S Coss
—
Deed Of Trust
related
$351,000 · Yardville National Bank
—
—
Mise En Place R/e Venture LLC
—
Deed Of Trust
related
$287,000 · Hopewell Valley Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
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