MLS: #NJCB2031048, Listed By: Michael DePalma, DePalma Realty, Source:Bright MLS
305 S 2nd St St
MILLVILLE, NJ 08332
5
Bed
0
Bath
1,933Sqft
0.23Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5 -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Baseboard Has Cooling: Yes Cooling: None, Electric
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Building Information
Year Built: 1917 Building Area Total: 1933 Construction Materials: Frame Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 66.00 x 150.00 Lot Size Acres: 0.23 Lot Size Source: Estimated Lot Size Square Feet: 10018.8
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Listing Price Information
Listing Price: $289900
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Tax Information
Parcel Number: 10-00479-00023 Tax Lot: 00023 Tax Year: 2025 Annual Tax: $3443
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Parking Information
Off Street
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Location Information
Direction: GPS. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 711 Woodland Drive, Millville, NJ, 08332 | $119,900 | 4 | -- | 2,306 | 2,306 SqFt |
| 607 E Broad Street, Millville, NJ, 08332 | $245,995 | 4 | -- | 1,557 | 1,557 SqFt |
| 422 N 5th Street, Millville, NJ, 08332 | $335,000 | 6 | -- | 2,472 | 2,472 SqFt |
| 531 N 5th Street #529, Millville, NJ, 08332 | $399,000 | 8 | 4 | -- | |
| 531 N 5th Street, Millville, NJ, 08332 | $399,000 | 8 | -- | 2,881 | 2,881 SqFt |
| 10 E Broad Street, Millville, NJ, 08332 | $238,900 | -- | -- | 4,650 | 4,650 SqFt |
| 703 Buck Street, Millville, NJ, 08332 | $285,000 | 5 | -- | 1,852 | 1,852 SqFt |
Similar Multifamily To 305 S 2nd St St
Nearby For Sale
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ByOwner last updated this listing 06/15/2026 @ 00:40
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