NOT LISTED FOR SALE

401 403 Mcneal St W Millville, NJ 08332

-- Bed
-- Bath
2,184 Sq Ft
5,001 Sq Ft Lot

Last Sold October 11, 2024

Last sale price $325,000 $149 Per Sq Ft

9 Days on Market

About This Home

As of October 2024

TURN KEY CASHFLOWING TRIPLEX! Perfect add to your portfolio. Roof 5 years old. Water heaters 1 year old! This property has been updated and is well kept. All three units are occupied. State cert is in hand. The bedroom counts are 3 bedrooms downstairs, 2 bedrooms on the second floor and 1 bedroom on the top floor. All have one bathroom. All utilities are metered separately. Owner pays water/sewer. Gross rents are currently $3,395.00 per month with room to go up. Listed currently as 10.22% cap rate at current rents (subject to your own expenses), with plenty of room for higher returns. These great triplex properties are hard to come by in this market -- this one is truly ready to go. Please contact for more information! Please allow time to set up showings.

Last Agent to Sell the Property

Michael DePalma

(609) 501-4162 michael.depalma4@gmail.com DePalma Realty Listed on: 09/06/2024

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,732

Year Built

  • Built in 1875

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,184 Sq Ft Home
  • Basement
  • Exterior Basement Entry

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 10-00301-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,732

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant personal property.
  • Inclusions: Appliances, utility systems, and fixed items owned by the landlord.
  • New Construction: No
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 2184
  • Living Area Sq Ft: 2184
  • Price Per Sq Ft: 148.81
  • Above Grade Finished Sq Ft: 2184
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5001.00
  • Zoning: RES

Rental Info

  • Number Of Units Month To Month: 2
  • Total Actual Rent: 40740.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 4732.00
  • Assessor Parcel Number: 10-00301-00013
  • Tax Lot: 00013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MILLVILLE BOARD OF EDUCATION

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $325,000 0.0% $149 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $325,000 -- $149 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2020204

Bright MLS