513 E PINE STREET 515, MILLVILLE, NJ 08332
NONE · CUMBERLAND County
Key Facts
Description
Please email me for list and if you will be there so I can add you to the showing appt.*** Investor Alert! Strong cap rate and annual return opportunity here. This two-unit duplex features two bedrooms and one bathroom in each unit, with tenants already in place and generating solid rental income. The property is producing an annual NOI of approximately $42,348.84 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing duplex is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a convenient area near local parks, dams, bridges, eateries, and entertainment, this duplex offers both investment appeal and neighborhood amenities. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Structure Type
House
Year Built
1927
Living Area
2,578 sq ft
Lot Size
0.02 acres
Lot Dimensions
10.00 x 0.00
Zoning
B-1
Days on Market
19
MLS® Listing#
NJCB2031504
Property Features
Appliances
Cooling
Heating
Basement
Pool
Parking
Construction
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- SILVER RUN E.S.
- Middle:
- LAKESIDE M.S.
- High:
- MILLVILLE SENIOR H.S.
- District:
- MILLVILLE AREA
Financial Details
Annual Taxes
$4,567
Tax year 2025
Assessed Value
$112,600
Parcel Number
10-00426-00005
Directions
From Wade Blvd. Take E. Main ST to a right on to N 6th ST. Follow to make a left onto Pine ST. House on Left middle of block.
Affordability Calculator
$75,000
Estimated monthly payment
$1,996/mo
Principal $300,000 · Est. interest $418,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in MILLVILLE, NJ
- $253,165
- Median Listing Price
- 51
- Median Days on Market
- 1,354
- Median Sq Ft
- $163
- Median Price / Sq Ft
- 156
- Active Listings
- This home’s price is 48% above the area median.
- Its price per sq ft is 11% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in MILLVILLE, NJ.
Location
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Points of Interest in MILLVILLE, NJ
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 200 S 4TH STREET, MILLVILLE, NJ | $269,900 | 5 | 2 | 1,900 |
| 326 MAURICE STREET, MILLVILLE, NJ | $270,000 | 4 | 2 | 1,848 |
| 2413 SHELBURN ROAD, MILLVILLE, NJ | $274,000 | 3 | 1 | 975 |
| 18 KEMBLE AVENUE, MILLVILLE, NJ | $275,000 | 3 | 1 | — |
| 224 W Main Street, Millville, NJ | $279,900 | 3 | — | 2,040 |
| 224 W MAIN STREET W, MILLVILLE, NJ | $279,900 | 3 | 2 | 2,040 |
Moving Cost Estimate
EXIT Agents in MILLVILLE
Listing Courtesy: Keller Williams - Main Street - 8568582200