231 High Street N
Millville, NJ 08332
- – beds
- – baths
- 6,300 sqft
- 3,367 sqft lot
- $75 per sqft
- 1924 build
Exceptional Investment Opportunity! This spacious 6,300 sqft 3-story mixed-use property offers versatility with tenants already in place, you can start earning profits immediately! The first floor features B J Roasters (1,500sqft) a staple chicken wing restaurant in downtown Millville for the past decades, this includes a commercial kitchen, ample storage, an industrial walk-in freezer, and a seating area to fit twenty people. The 2nd and 3rd upper floors (3,000sqft) include four spacious residential apartments. Unit 2B offers 2 bedrooms, 1 bathroom, high ceilings, and an open living area. Unit 2A is similar, featuring 2 bedrooms, and 1 bathroom. Unit 2B and 2A are both newly renovated, with the space to add a third bedroom. Unit 3B features 2 bedrooms and 1 bathroom, while Unit 3A has 3 bedrooms and 1 bathroom with a generous living room area, allowing prospective purchasers to add their personal touch and complete this renovation. The rental income is as follows; BJ Roasters $1,300, Unit 2B $1,525, Unit 2A $1,350, Unit 3B $1,100, Unit 3A vacant, a Total of $5,275. 2025 FMR in Cumberland County for a 2 bedroom is $1,591 and $2,163 for a 3 bedroom. The basement area (1,800sqft) could potentially be used by tenants for storage, another income-generating source for savvy investors. Tenant's electric and gas are separately metered, paid by the tenants while the owner pays for water and sewer, adding to the convenience of efficient billing for all units. This property has undergone several recent upgrades, enhancing its value and appeal. Notable improvements include a tankless water heater, a new roof installed less than a year ago, and window replacements completed in phases between 2019 and 2022, totaling 27-28 windows. Additionally, the commercial unit features upgraded heating and air conditioning systems, including central AC, for year-round comfort. The exterior has 3 parking spots for BJ Roasters employees and behind the building a 28-car public parking lot is available; featuring 2 handicapped accessible parking spots. This property is being sold as-is, where is condition. Situated in the heart of Millville’s bustling downtown, this mixed-use property offers a unique opportunity for investors, that won't last. With established tenants providing income and an additional vacant unit ready for transformation, there’s great potential to enhance its value. Well-maintained and ideally positioned, this property seamlessly blends commercial viability with residential charm, all within a thriving cultural and economic hub. Don’t miss out on this prime investment! Contact us today for more details!
Last checked:
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Last updated May 8, 2025
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MLS# NJCB2022614 —
The Building
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Year Built:1924
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Year Built Source:Estimated
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Roof:Flat
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New Construction:No
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Construction Materials:Brick
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Building Levels:3
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Building Units Total:4
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Structure Type:Over Storefront
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Architectural Style:Other
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Security Features:Smoke Detector, Carbon Monoxide Detector(s), Main Entrance Lock
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Accessibility Features:2+ Access Exits
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Total SqFt Source:Estimated
Interior
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Flooring Type:Vinyl
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:6300
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Living Area SqFt:6,300 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Immediate
Location
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Directions:Use GPS
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Latitude:39.39827000
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Longitude:-75.03819000
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.08
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Lot Size Source:Estimated
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Lot Size Dimensions:34.00 x 99.00
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Lot Dimensions Source:Estimated
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Lot SqFt:3,367 Sqft
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Inclusions:All existing appliances
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Exclusions:Tenant Property
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Zoning:B-3
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Other Structures:Above Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 357-1436
- Office phone:
- (856) 229-7094
Taxes
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Tax ID Number:10-00412-00012
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Tax Year:2024
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Tax Lot:00012
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Tax Annual Amount:$8,913
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Tax Assessed Value:$227,100
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:150 Amps, Circuit Breakers
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Hot Water:Natural Gas, Tankless
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Water Source:Public
Schools
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School District Name:Millville Area
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
Parking
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Garage:No
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Type of Parking:Parking Lot, On Street
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Parking Features:Paved Parking
Extra Units
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Vacation Rental:No
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Two Bedroom Units:3
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/7/25
May 7, 2025
|
Relisted | BRIGHT | $475,000 | |
3/10/25
Mar 10, 2025
|
Pending | BRIGHT | $475,000 | |
2/17/25
Feb 17, 2025
|
Listed / Active | BRIGHT | $475,000 |