USANJMillville305 S 2Nd St
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New
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$289,900

For Sale

A day ago

305 S 2Nd St, Millville, NJ

House

MLS® NJCB2031048

0 Bed

0 Bath

1933 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1933 sqft
Garage 
Taxes $3,443
Days Active 1
Lot Size 0.23 Acres
Approx. Age 1917
Avg. Price Per Sqft $149
MLS® Number NJCB2031048

Property Address: 305 S 2nd St, Millville, NJ, 08332-4297

Average square foot calculated using Size range provided by listing agent.

Description

TURNKEY CASHFLOWING TRIPLEX! This 3-unit property has two 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. The two bedroom units are currently occupied while the 3rd is vacant. With just the two leased, the rent roll is $2, 535.00 per month, and current 1 bedroom rents in Millville average an asking price of $1, 100.00 or more. With all three leased, an investor would expect gross rents of $43, 620.00 annually, making this a very strong investment in a good location within a great rental market overall. Both currently leased units are month-to-month. All units have their own electric and gas meters for easy utility management. In addition, the current lease includes a monthly water/sewer fee that generally covers the cost, leaving the landlord responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. This property is priced to move quickly to qualified buyers. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Take a look today!
MLS® NumberNJCB2031048
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1917
Basement
DrivewayOff Street
Garage Spaces
HeatBaseboard - Hot Water, Natural Gas
A/CNone, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$289,900List Price
  • Commute

Commute

Starting Address
Destination Address
305 S 2Nd St, Millville, NJ

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