$250,000
UNDER CONTRACT

Estimated payment $1,636/month

Total Views 870
Studio
-- Bath
1,342 Sq Ft
$186 Price per Sq Ft

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

*** Investor Alert! Strong cap rate and annual return opportunity here. This two-unit duplex features two bedrooms and one bathroom in each unit, with tenants already in place and generating solid rental income. The property is producing an annual NOI of approximately $21,755.40, making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing duplex is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a convenient area near local parks, dams, bridges, eateries, and entertainment, this duplex offers both investment appeal and neighborhood amenities. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!

Listing Agent

Carol Terrell

(856) 858-2200 njrealtortara@gmail.com Keller Williams - Main Street Brokerage Phone: 8568582200 License #0227464 Listed on: 07/03/2026

Keller Williams - Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1919

Lot Details

  • 5,162 Sq Ft Lot
  • Lot Dimensions are 43.00 x 120.00
  • Property is in average condition

Home Design

  • Duplex
  • Bungalow
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,342 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Dirt Driveway
  • On-Street Parking

Schools

  • Holly Heights Elementary School
  • Lakeside Middle School
  • Millville Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 10-00454-00004

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,289
  • Operating Expense $5,845
  • Net Operating Income $21,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,102

Year Built

Built in 1919

Lot Details

5,162 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Exclusions: Tenant's Personal Property
  • Inclusions: A Appliances and Fixtures are being transferred in their AS IS Condition.
  • New Construction: No
  • Year Built: 1919
  • Automatically Close On Close Date: No
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Foundation Details: Block, Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1342
  • Living Area Sq Ft: 1342
  • Price Per Sq Ft: 186.29
  • Above Grade Finished Sq Ft: 1342
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: HOLLY HEIGHTS E.S.
  • High School: MILLVILLE SENIOR H.S.
  • Middle Or Junior School: LAKESIDE M.S.

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 43.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5162.00
  • Property Condition: Average
  • Zoning: B-1

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 27600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Income: 27600.00
  • Operating Expense: 5844.60
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Annual Amount: 3102.00
  • Assessor Parcel Number: 10-00454-00004
  • Tax Lot: 00004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: MILLVILLE AREA

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,103 $76,500 $21,700 $54,800
2025 $3,003 $76,500 $21,700 $54,800
2024 $3,003 $76,500 $21,700 $54,800
2023 $2,977 $76,500 $21,700 $54,800
2022 $2,900 $76,500 $21,700 $54,800
2021 $2,806 $76,500 $21,700 $54,800
2020 $2,759 $76,500 $21,700 $54,800
2019 $2,632 $76,500 $21,700 $54,800
2018 $3,847 $114,200 $21,700 $92,500
2017 $3,812 $114,200 $21,700 $92,500
2016 $3,764 $114,200 $21,700 $92,500
2015 $3,680 $114,200 $21,700 $92,500
2014 $3,686 $114,200 $21,700 $92,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/03/2026 07/03/26 For Sale $250,000 -- $186 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Bargain Sale Deed $100,000 New Title Company Name
Special Warranty Deed $18,501 None Available
Sheriffs Deed -- None Available
Deed $172,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $187,500 Construction
Closed $1,168,700 Construction
Source: Public Records

Source: Bright MLS

MLS Number: NJCB2031500

Bright MLS

APN: 10-00454-0000-00004

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