7601 Magnolia Dr, MILLVILLE, NJ 08332

Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
7601 Magnolia Dr,MILLVILLE, NJ 08332
$125,000
  • 2 Beds
  • 2 Baths
  • 924 sq. ft.
  • Mobile / Manufactured
  • Active
Listed by:jennifer j rothenberger
Office:compass new jersey, llc. - moorestown
MLS#:NJCB2021310
Source:BRIGHTMLS

Price summary

  • Price:$125,000
  • Price per sq. ft.:$135.28

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 **7601 Magnolia Dr**, offering a prime example of steady rental income. This charming home has been purposely left vacant to offer buyers the opportunity to tour a sample unit. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, and two full baths, 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 return

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1980
  • Listing Id #:NJCB2021310
  • 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:924 sq. ft.

Heating and cooling

  • Heating:Electric, Forced Air, Natural Gas

Structure and exterior

  • Roof:Flat
  • Year built:1980
  • Building area:924 sq. ft.
  • Lot area:0.32 Acres

Utilities

  • Water:Well
  • Sewer:On Site Septic

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$135.28
  • Tax amount:$1,074 (2024)