Seller's Agent in 2024
Michael DePalma
DePalma Realty
(609) 501-4162
113 in this area
213 Total Sales
608 S 2nd St Millville, NJ 08332
Estimated Value: $95,000 - $152,997
2
Beds
1
Bath
560
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Electric Baseboard Heater
About This Home
As of August 2024Attention cashflow investors! Add this one to your portfolio! Market rents are at all time highs. This currently rented property is a two bedroom that could potentially be converted into a 3 bedroom with use of the attic as a bedroom. Outside of the downtown with a private parking area. Lots of potential equity here and ways to increase value. New homes were built just a stone's throw away. Your tenants will also love the park complete with a full basketball court and jungle gym. Seller is selling completely "as-is," any certifications are on the Buyer and any inspections are for informational purposes only. Whether you are starting your portfolio and looking for a low cost way in, or you are looking to add another cash-flowing rental, this is the one to look at!
Last Agent to Sell the Property
(609) 501-4162 michael.depalma4@gmail.com DePalma Realty Listed on: 04/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,214
Year Built
- Built in 1890
Lot Details
- 4,200 Sq Ft Lot
- Lot Dimensions are 30.00 x 140.00
Home Design
- Colonial Architecture
- Frame Construction
Interior Spaces
- 560 Sq Ft Home
- Property has 2 Levels
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- None Available Subdivision
Listing and Financial Details
- Tax Lot 00001
- Assessor Parcel Number 10-00534-00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2025
Sold by
Mid Atlantic Opportunity Fund Llc
Bought by
Mid Atlantic Opportunity Fund Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$132,884
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$11,385
Purchase Details
Listed on
Apr 15, 2024
Closed on
Aug 5, 2024
Sold by
Timeline Alpha Realty Llc
Bought by
Mid Atlantic Opportunity Fund Llc
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
John Rinick
Prime Realty Partners
List Price
$119,900
Sold Price
$80,000
Premium/Discount to List
-$39,900
-33.28%
Views
338
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.07%
Original Mortgage
$97,500
Interest Rate
6.89%
Mortgage Type
Construction
Purchase Details
Listed on
Mar 3, 2022
Closed on
Jun 21, 2022
Sold by
Zheng Juan Hua
Bought by
Timeline Alpha Realty Llc
Seller's Agent
Larry DePalma
DePalma Realty
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$69,999
Sold Price
$75,000
Premium/Discount to List
$5,001
7.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$52,500
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2005
Sold by
Rivera Carl M
Bought by
Zheng Juan Hua
Purchase Details
Closed on
Apr 9, 2004
Sold by
Edell Catherine
Bought by
Rivera Carl M and Hayes William
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mid Atlantic Opportunity Fund Llc | -- | Equity One Abstract | |
| Mid Atlantic Opportunity Fund Llc | -- | Equity One Abstract | |
| Mid Atlantic Opportunity Fund Llc | $80,000 | America Land Title | |
| Mid Atlantic Opportunity Fund Llc | $80,000 | America Land Title | |
| Timeline Alpha Realty Llc | $75,000 | None Listed On Document | |
| Zheng Juan Hua | $29,000 | -- | |
| Rivera Carl M | $20,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mid Atlantic Opportunity Fund Llc | $133,000 | |
| Closed | Mid Atlantic Opportunity Fund Llc | $133,000 | |
| Previous Owner | Mid Atlantic Opportunity Fund Llc | $97,500 | |
| Previous Owner | Timeline Alpha Realty Llc | $52,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2024 08/01/24 | Sold | $80,000 | -11.0% | $143 / Sq Ft | |
| 07/05/2024 07/05/24 | Pending | -- | -- | -- | |
| 06/30/2024 06/30/24 | Price Changed | $89,900 | -10.0% | $161 / Sq Ft | |
| 06/13/2024 06/13/24 | Price Changed | $99,900 | -4.9% | $178 / Sq Ft | |
| 05/09/2024 05/09/24 | Price Changed | $105,000 | -12.4% | $188 / Sq Ft | |
| 04/15/2024 04/15/24 | For Sale | $119,900 | +59.9% | $214 / Sq Ft | |
| 07/01/2022 07/01/22 | Sold | $75,000 | +7.1% | $134 / Sq Ft | View Prior Sale |
| 06/20/2022 06/20/22 | Price Changed | $69,999 | 0.0% | $125 / Sq Ft | |
| 05/07/2022 05/07/22 | Price Changed | $69,999 | 0.0% | $125 / Sq Ft | |
| 04/08/2022 04/08/22 | Pending | -- | -- | -- | |
| 03/03/2022 03/03/22 | For Sale | $69,999 | -- | $125 / Sq Ft |
Source: Bright MLS
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 | $2,233 | $56,900 | $26,900 | $30,000 |
| 2024 | $2,233 | $56,900 | $26,900 | $30,000 |
| 2023 | $2,215 | $56,900 | $26,900 | $30,000 |
| 2022 | $2,157 | $56,900 | $26,900 | $30,000 |
| 2021 | $2,032 | $56,900 | $26,900 | $30,000 |
| 2020 | $2,052 | $56,900 | $26,900 | $30,000 |
| 2019 | $1,957 | $56,900 | $26,900 | $30,000 |
| 2018 | $1,917 | $56,900 | $26,900 | $30,000 |
| 2017 | $1,899 | $56,900 | $26,900 | $30,000 |
| 2016 | $1,875 | $56,900 | $26,900 | $30,000 |
| 2015 | $1,833 | $56,900 | $26,900 | $30,000 |
| 2014 | $1,837 | $56,900 | $26,900 | $30,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael DePalma
-
John Rinick
J
Buyer's Agent in 2024
John Rinick
Prime Realty Partners
(267) 205-1824
1 in this area
67 Total Sales
-
Larry DePalma
Seller's Agent in 2022
Larry DePalma
DePalma Realty
(856) 364-6697
105 in this area
214 Total Sales
Map
Source: Bright MLS
MLS Number: NJCB2017636
APN: 10-00534-0000-00001
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