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Millville National Bank building

$5,450,000

2 North High Street, Millville, NJ 08332

Active
Last Updated: 04/11/2024

18,000 sqft

Building Size

0.01

Occupancy

Details:
Building Size:    18,000 sqft
Occupancy:    0.01%
Description:

Historically designated property with a unique opportunity in the heart of the downtown Millville improvent process,   A stone's throw from the Maurice River and Union Lake.


Minutes off of Interstate 55 in Cumberland County, right next to Vineland in southern New Jersey,  45 miles from Philadelphia,  120 miles from NYC, 140 from DC access to NJ Turnpike, 295 and the Atlantic City Expressway.


Great location in revitalized area with the municipality committed to downtown restoration.

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Millville National Bank building
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Today's Available Mortgage Rates

2 North High Street, Millville, New Jersey 08332

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 08/01/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$17,840 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $2,779,500 Loan Amount
Details
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$18,062 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $2,779,500 Loan Amount
Details
Bank*Lender #1068
10 Year Fixed
30 Year Amortization
Interest rate 6.11% 10 Year Fixed
Mo. Payment$18,845 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 57% LTV $0 Lender fees
Loan Amount $3,106,500 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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