7150 Samuel Dr, MILLVILLE, NJ 08332
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
7150 Samuel Dr,MILLVILLE, NJ 08332
$115,000
- 2 Beds
- 2 Baths
- 932 sq. ft.
- Mobile / Manufactured
- Active
Listed by:jennifer j rothenberger
Office:compass new jersey, llc. - moorestown
MLS#:NJCB2021290
Source:BRIGHTMLS
Price summary
- Price:$115,000
- Price per sq. ft.:$123.39
About this home
**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000**
Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability.
One property within this portfolio is **7150 Samuel De**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for the last year, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, with a primary bedroom featuring an attached bath and walk in closet, the second bedroom is on the other end of the home close to the second full bath, all nestled on a beautifully landscaped lot with mature trees and two to three off-street parking spaces. Fully renovated in 2023 with new flooring, some windows, kitchen and baths.
Key Investment Highlights:
- **Portfolio Price**: $2,000,000 for 20 properties
- **Annual Gross Income**: $240,000
- **12% CAP Rate**: Strong return potential in a stable, in-demand location
- **Tenant Stability**: Long-term, reliable tenants in place across all properties
- **Maintenance & Management**: Well-maintained homes with minimal upkeep required
This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes!Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.
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Home facts
- Year built:1970
- Listing Id #:NJCB2021290
- Added:279 day(s) ago
- Updated:August 15, 2025 at 01:53 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:932 sq. ft.
Heating and cooling
- Heating:Electric, Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1970
- Building area:932 sq. ft.
Utilities
- Water:Well
- Sewer:On Site Septic
Finances and disclosures
- Price:$115,000
- Price per sq. ft.:$123.39
- Tax amount:$670 (2024)
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