109 E Pine St Millville, NJ 08332
Millville AreaEstimated payment $1,601/month
Highlights
- Colonial Architecture
- Forced Air Heating System
- Property is in very good condition
- Window Unit 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 $25,112.28 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
(856) 858-2200 njrealtortara@gmail.com Keller Williams - Main Street Brokerage Phone: 8568582200 License #0227464 Listed on: 07/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,709
Year Built
- Built in 1917
Lot Details
- 1,743 Sq Ft Lot
- Lot Dimensions are 21.00 x 83.00
- Property is in very good condition
Home Design
- Duplex
- Colonial Architecture
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,296 Sq Ft Home
- Ceiling Fan
- Basement Fills Entire Space Under The House
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- On-Street Parking
Schools
- Bacon Elementary School
- Lakeside Middle School
- Millville Senior High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 00004
- Assessor Parcel Number 10-00415-00004
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,307
- Operating Expense $5,488
- Net Operating Income $25,112
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,709 | $66,800 | $12,600 | $54,200 |
| 2025 | $2,709 | $66,800 | $12,600 | $54,200 |
| 2024 | $2,622 | $66,800 | $12,600 | $54,200 |
| 2023 | $2,600 | $66,800 | $12,600 | $54,200 |
| 2022 | $2,532 | $66,800 | $12,600 | $54,200 |
| 2021 | $2,450 | $66,800 | $12,600 | $54,200 |
| 2020 | $2,409 | $66,800 | $12,600 | $54,200 |
| 2019 | $2,298 | $66,800 | $12,600 | $54,200 |
| 2018 | $2,250 | $66,800 | $12,600 | $54,200 |
| 2017 | $2,230 | $66,800 | $12,600 | $54,200 |
| 2016 | $2,202 | $66,800 | $12,600 | $54,200 |
| 2015 | $2,152 | $66,800 | $12,600 | $54,200 |
| 2014 | $2,156 | $66,800 | $12,600 | $54,200 |
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 | -- | $193 / Sq Ft |
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 | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $40,000 | -- |
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: Bright MLS
MLS Number: NJCB2031498
APN: 10-00415-0000-00004
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Ask me questions while you tour the home.