305 S 2nd St, Millville, NJ 08332

Millville
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
305 S 2nd St,Millville, NJ 08332
$289,900
  • 5 Beds
  • - Baths
  • 1,933 sq. ft.
  • Multi-family
  • Pending
Listed by: michael depalma
Office: depalma realty
MLS#:NJCB2031048
Source:BRIGHTMLS

Price summary

  • Price:$289,900
  • Price per sq. ft.:$149.97

About this home

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...

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Home facts

  • Year built:1917
  • Listing ID #:NJCB2031048
  • Added:54 day(s) ago
  • Updated:August 06, 2026 at 08:21 AM

Rooms and interior

  • Bedrooms:5
  • Living area:1,933 sq. ft.

Heating and cooling

  • Heating:Baseboard - Hot Water, Natural Gas

Structure and exterior

  • Year built:1917
  • Building area:1,933 sq. ft.
  • Lot area:0.23 Acres
  • Architectural Style:Federal
  • Construction Materials:Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$289,900
  • Price per sq. ft.:$149.97
  • Tax amount:$3,443 (2025)

Parking

  • Parking description:Off Street

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