$125,000
SOLD JUL 7, 2025

416 W Green St Millville, NJ 08332

3 Beds
1 Bath
1,001 Sq Ft
5,850 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

7% Below List Price

31 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2025

Opportunity knocks at 416 W Green Street! This 3-bedroom, 1-bathroom twin home offers 1,001 square feet of potential in a rapidly appreciating Millville neighborhood. Whether you're a first-time homebuyer ready to put in short-term sweat equity for long term gains or an investor looking for strong rental returns, this property delivers.

Featuring natural gas forced air heating and gas hot water, the home's core systems are already in place. With market rents for 3-bedroom homes nearing $2,000/month and annual taxes just $2,350, the cash flow possibilities are impressive. Most pro forma calculations show a 12%+ cap rate potential and over 22%-25% cash on cash return with financing. This isn't possible in virtually any other asset class, and that's just from cash flow. Enter in appreciation, tax and interest deductions, and depreciation returns and the numbers are unbelievable. What's more, comparable renovated homes are selling for close to $200,000, making this a smart play for value-minded buyers.

Whether you're buying responsibly as a primary homeowner, or as a savvy investor, don't miss your chance to secure this special find—act now and position yourself for long-term gains!

Last Agent to Sell the Property

Michael DePalma

DePalma Realty Listed on: 05/23/2025

Last Buyer's Agent

Michael DePalma

DePalma Realty Listed on: 05/23/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1875

Lot Details

  • 5,850 Sq Ft Lot
  • Lot Dimensions are 43.00 x 136.00

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 1,001 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 10-00301-00005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,347

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Remarks Public: Opportunity knocks at 416 W Green Street! This 3-bedroom, 1-bathroom twin home offers 1,001 square feet of potential in a rapidly appreciating Millville neighborhood. Whether you're a first-time homebuyer ready to put in short-term sweat equity for long term gains or an investor looking for strong rental returns, this property delivers. Featuring natural gas forced air heating and gas hot water, the home's core systems are already in place. With market rents for 3-bedroom homes nearing $2,000/month and annual taxes just $2,350, the cash flow possibilities are impressive. Most pro forma calculations show a 12%+ cap rate potential and over 22%-25% cash on cash return with financing. This isn't possible in virtually any other asset class, and that's just from cash flow. Enter in appreciation, tax and interest deductions, and depreciation returns and the numbers are unbelievable. What's more, comparable renovated homes are selling for close to $200,000, making this a smart play for value-minded buyers. Whether you're buying responsibly as a primary homeowner, or as a savvy investor, don't miss your chance to secure this special find—act now and position yourself for long-term gains!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1001
  • Living Area Sq Ft: 1001
  • Price Per Sq Ft: 134.87
  • Above Grade Finished Sq Ft: 1001
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 416

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MILLVILLE BOARD OF EDUCATION
  • School District Key: 300200396113
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 43.00 x 136.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5850.00
  • Year Assessed: 2024
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2347.00
  • Assessor Parcel Number: 10-00301-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 1001
  • Tax Year: 2024
  • Close Date: 07/07/2025

MLS Schools

  • School District Name: MILLVILLE BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jul 14, 2025
Sold by
Ds2 Homes & Remodeling Llc
Bought by
Centuolo Development Llc
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.97%

Purchase Details

Listed on
May 23, 2025
Closed on
May 13, 2025
Sold by
Mccoy William S
Bought by
Ds2 Homes & Remodeling Llc
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
6.64%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2006
Sold by
Crusader Servicing Corporation
Bought by
Mccoy William S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $125,000 Pittman Title & Escrow
Bargain Sale Deed $68,000 American Land Title
Bargain Sale Deed $68,000 American Land Title
Deed $64,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Sold $125,000 -7.4% $125 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $135,000 0.0% $135 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $135,000 -- $135 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $2,347 $59,800 $14,200 $45,600
2024 $2,347 $59,800 $14,200 $45,600
2023 $2,327 $59,800 $14,200 $45,600
2022 $2,267 $59,800 $14,200 $45,600
2021 $2,193 $59,800 $14,200 $45,600
2020 $2,157 $59,800 $14,200 $45,600
2019 $2,057 $59,800 $14,200 $45,600
2018 $2,015 $59,800 $14,200 $45,600
2017 $1,996 $59,800 $14,200 $45,600
2016 $1,971 $59,800 $14,200 $45,600
2015 $1,927 $59,800 $14,200 $45,600
2014 $1,930 $59,800 $14,200 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2024334

Bright MLS

APN: 10-00301-0000-00005