NOT LISTED FOR SALE

516 N 2nd St Millville, NJ 08332

Estimated Value: $190,000 - $301,000

-- Bed
-- Bath
2,337 Sq Ft
$109/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $146,500 $63 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,805/month

11 Days on Market

Highlights

  • Living Room
  • Baseboard Heating
  • Fenced

About This Home

As of May 2023

INVESTER ALERT! AS IS Rare triplex in Millville, Two 2 bedroom 1 bath units and one 4 bedroom 1 bath unit on the 2nd floor, Huge lot with a big backyard, unfinished basement and large attic, Bank approved short sale, Can't beat this return on your investment! With a little tlc this building could easily bring in $4000 a month, pays for itself within four years! Electric meters are seperate. Gas and water are on one bill, current tenants will be out prior to settlement, showings are once a week on Saturdays with enough notice, I am expecting a bidding war

Last Agent to Sell the Property

JEFFREY PAGANO

Compass New Jersey-Ocean City (O463H) Listed on: 02/11/2023

Compass New Jersey-Ocean City (O463H)

Last Buyer's Agent

JEFFREY PAGANO

Compass New Jersey-Ocean City (O463H) Listed on: 02/11/2023

Compass New Jersey-Ocean City (O463H)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,679

Lot Details

  • Fenced

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Storage In Attic
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,679

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator
  • Basement: Unfinished
  • Other Rooms: Kitchen, Living Room, Storage Attic

Exterior Features

  • Outside Features: Fenced Yard
  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: .26 acres

Rental Info

  • Rental Information: Monthly

Multi Family

  • Number Of Units: 3
  • Number Of2 Bedroom Units: 2
  • Number Of4 Bedroom Units: 1
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
Jul 28, 2023
Sold by
Segich Kevin
Bought by
Waridah Wedlock Llc
Seller's Agent
JEFFREY PAGANO
Compass New Jersey-Ocean City (O463H)
Buyer's Agent
JEFFREY PAGANO
Compass New Jersey-Ocean City (O463H)
List Price
$159,999
Sold Price
$146,500
Premium/Discount to List
-$13,499
-8.44%
Views
53
Current Estimated Value
$254,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,004
Avg. Annual Appreciation
25.76%

Purchase Details

Closed on
Jul 3, 2007
Sold by
Sanders Robert W Ee
Bought by
Segich Kevin
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waridah Wedlock Llc $146,500 Atlantic Title
Waridah Wedlock Llc $146,500 Atlantic Title
Segich Kevin $211,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $146,500 -8.4% $63 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $159,999 -- $68 / Sq Ft
Source: South Jersey Shore Regional 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 $5,679 $144,700 $18,400 $126,300
2024 $5,679 $144,700 $18,400 $126,300
2023 $5,632 $144,700 $18,400 $126,300
2022 $5,486 $144,700 $18,400 $126,300
2021 $5,308 $144,700 $18,400 $126,300
2020 $5,219 $144,700 $18,400 $126,300
2019 $4,978 $144,700 $18,400 $126,300
2018 $4,875 $144,700 $18,400 $126,300
2017 $4,830 $144,700 $18,400 $126,300
2016 $4,769 $144,700 $18,400 $126,300
2015 $4,662 $144,700 $18,400 $126,300
2014 $4,671 $144,700 $18,400 $126,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JEFFREY PAGANO

    Compass New Jersey-Ocean City (O463H)

    (609) 231-3425

    1 in this area

    13 Total Sales

    JEFFREY PAGANO
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 571068

South Jersey Shore Regional MLS

APN: 10-00358-0000-00012

New Jersey Cumberland County Millville 08332

516 N 2nd St, Millville, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes