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Asking Price - $289,900
Days on Market - 7
305 S 2nd St
Millville, NJ 08332
Featured Agent
EveryHome Realtor
Asking Price
$289,900
Days on Market
7
# of Units
3
1 Bdrm Units
1
2 Bdrm Units
2
Acres
0.23
Interior SqFt
1,933
Age
109
Heating
Natural Gas
Cooling
N/A
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
3,443
Additional Details Below
Featured Agent
EveryHome Realtor
Description
TURNKEY CASHFLOWING TRIPLEX! This 3-unit property has two 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. The two bedroom units are currently occupied while the 3rd is vacant. With just the two leased, the rent roll is $2,535.00 per month, and current 1 bedroom rents in Millville average an asking price of $1,100.00 or more. With all three leased, an investor would expect gross rents of $43,620.00 annually, making this a very strong investment in a good location within a great rental market overall. Both currently leased units are month-to-month. All units have their own electric and gas meters for easy utility management. In addition, the current lease includes a monthly water/sewer fee that generally covers the cost, leaving the landlord responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. This property is priced to move quickly to qualified buyers. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Take a look today!
Location
Listing Details
Property Information
Summary
Architectural Type
•Federal
Utilities
Heating
•Baseboard - Hot Water, Natural Gas
Miscellaneous
Lattitude : 39.391900
Longitude : -75.035200
MLS# : NJCB2031048
Views : 7
Listing Courtesy: Michael DePalma of DePalma Realty
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Notes
Page: © 2026 EveryHome, Realtors, All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the New Jersey Real Estate Commission - License 0901599
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
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