7637 Joseph St, Millville, NJ 08332
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
7637 Joseph St,Millville, NJ 08332
$115,000
- 2 Beds
- 2 Baths
- 938 sq. ft.
- Mobile / Manufactured
- Active
Listed by: jennifer j rothenberger
Office: compass new jersey, llc. - moorestown
MLS#:NJCB2021304
Source:BRIGHTMLS
Price summary
- Price:$115,000
- Price per sq. ft.:$122.6
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 **7637 Joseph St**. This property has recently been vacated and refreshed for the next occupant. All new Luxury Vinyl Plank flooring has been installed in the living spaces and new cozy carpet in the bedrooms. Fresh paint inside and out, along with new kitchen cabinets and countertop complete the makeover this home has received. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, a half bath off the primary and a full bath in the hallway, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. The property is listed for rent by owner or is available to be separately purchased for an owner occupant. Property to convey As-Is. Cash only.
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 #:NJCB2021304
- Added:371 day(s) ago
- Updated:November 15, 2025 at 04:11 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:938 sq. ft.
Heating and cooling
- Heating:Electric, Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1970
- Building area:938 sq. ft.
Utilities
- Water:Well
- Sewer:On Site Septic
Finances and disclosures
- Price:$115,000
- Price per sq. ft.:$122.6
- Tax amount:$1,128 (2024)
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