
416 W Green St Millville, NJ 08332
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating System
About This Home
As of July 2025Opportunity 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!
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
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Millville, NJ
Home Values in the Area
Average Home Value in this Area
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 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $125,500 | Construction |
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 |
Tax History Compared to Growth
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Michael DePalma
DePalma Realty
(609) 501-4162
106 in this area
198 Total Sales
Map
Source: Bright MLS
MLS Number: NJCB2024334

APN: 10-00301-0000-00005
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