97 Main St Milltown, NJ 08850-1521
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Fama's Tailoring Shop (Bike/Boat/Book/etc) Store
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Provident Bank Bank Loan Service
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Oliver Youssef, Certified Public Accountant Tax Preparation
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 regulations shall apply in the B-1 Commercial District Zone: a. Purpose. Commercial Districts are established in order to achieve the general goals as stated in Section 34-2 and for the following specific purposes: 1. Encou…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Milltown, NJB-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 regulations shall apply in the B-1 Commercial District Zone: a. Purpose. Commercial Districts are established in order to achieve the general goals as stated in Section 34-2 and for the following specific purposes: 1. Encourage the tendency of commercial activity to the mutual advantage of both customers and merchants and thereby promote public convenience and prosperity. 2. Promote the creation of a pedestrian oriented commercial environment which encourages maximum pedestrian activity. 3. Encourage a maximization of off-street parking facilities to service the commercial activity. 4. Promote aesthetically and visually harmonious development throughout the B-1 District. b. Permitted Principal Uses. 1. Retail businesses. 2. Personal service establishments. 3. Banks and fiduciary institutions, except drive-in facilities. 4. Single family detached dwellings. c. Permitted Accessory Uses. 1. Off-street parking spaces. 2. Off-street loading spaces. 3. Residential use above commercial uses, apartment not occupying ground floor, not exceeding 33% of total combined floor area. In no instance shall a commercial business, professional or government use be located above a residential use or on the same floor as a residential use. 4. Fences, walls, and hedges. d. Conditional Uses. 1. Public utility facilities required to provide the direct service of the utility to the consumers such as transformers and pumping stations but excluding warehouses, service or storage and treatment facilities. 2. Satellite dish antennas. 3. Churches, synagogues and other similar places of worship. 4. Funeral homes. 5. Assembly halls. 6. Government and public buildings. 7. Public and private educational institutions operated for profit or nonprofit. 8. Automobile service stations and repair shops; gas stations. 9. Two family dwellings. 10. Home occupations. Customary home occupations, such as but not limited to dressmaking, millinery and home cooking, provided that such occupations shall be conducted solely by resident occupants of the building and that not more than the equivalent of 1/3 of the area of one floor shall be used for such purposes and that no display of products or advertising of any kind shall be visible from the street. No equipment shall be used in such an occupation which is not usually found in the home. Structural or architectural changes shall not be permitted to accommodate the occupation. 11. Home professional offices. e.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.