7413 John, MILLVILLE, NJ 08332

Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
7413 John,MILLVILLE, NJ 08332
$85,000
  • 2 Beds
  • 1 Baths
  • 450 sq. ft.
  • Mobile / Manufactured
  • Active
Listed by:jennifer j rothenberger
Office:compass new jersey, llc. - moorestown
MLS#:NJCB2021298
Source:BRIGHTMLS

Price summary

  • Price:$85,000
  • Price per sq. ft.:$188.89

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 **7413 John St**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for almost 2 years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. Key Investment Highlights: - **Portfolio Price**: $2,000,000 for 20 properties - **Annual Gross Income**: $240,000 - **12% CAP Rate**: Strong

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Home facts

  • Year built:1968
  • Listing Id #:NJCB2021298
  • Added:279 day(s) ago
  • Updated:August 15, 2025 at 01:53 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:450 sq. ft.

Heating and cooling

  • Heating:Electric, Forced Air, Natural Gas

Structure and exterior

  • Roof:Flat
  • Year built:1968
  • Building area:450 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:Well
  • Sewer:On Site Septic

Finances and disclosures

  • Price:$85,000
  • Price per sq. ft.:$188.89
  • Tax amount:$718 (2024)