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MLS: #NJCB2031046, Listed By: Michael DePalma, DePalma Realty, Source:Bright MLS

31 S Myrtle Street

VINELAND, NJ 08360
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Bed 3

Bed

Bath 0

Bath

SqFt1,396

Sqft

Acres0.23

Acre(Lot)

TURNKEY CASHFLOWING DUPLEX! This well-kept duplex has 2 bedrooms, 1 bathroom upstairs and 1 bedrooms, 1 bathroom downstairs. The 1 bedroom is currently tenant occupied while the 2 bedroom is vacant. The 1 bedroom rent roll is $1,295.00 per month, and current 2 bedroom rents in Vineland average an asking price of $1,600.00 or more. With both leased, an investor would expect gross rents of $34,740.00 annually, making this a very strong investment in a great location within a great rental market overall. The current tenant keeps his unit clean and tidy, and is on a long term annual lease that runs through the February 2027 The 2 bedroom unit is already turned and renovated and ready for occupancy. Both units have their own electric and gas meters for easy utility management. If you've been l ooking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. OR, if you have been looking for a responsible way into homeownership, consider the possibility of purchasing this property as a primary homeowner for as little as 3% down, living in the upstairs unit and offsetting your living expenses with the first floor rental income. This is how many great investors and eventually wealthy individuals made their start in real estate, and it’s your chance now. Take a look today.

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Detail Ic Property Details

Property Type : Residential Income

Price : $300,000

AD Id : 84781361

MLS Id : NJCB2031046

Beds : 3

Lot Size : 0.23 Acre

Living Area Size : 1,396

Year Built : 1890

County : CUMBERLAND

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Full, Unfinished, Interior Entry
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Window Unit(s), Electric

  • Building Information

    Year Built: 1890 Building Area Total: 1396 Construction Materials: Frame Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 50.00 x 204.00 Lot Size Acres: 0.23 Lot Size Source: Assessor Lot Size Square Feet: 10202

  • Listing Price Information

    Listing Price: $300000

  • Tax Information

    Parcel Number: 14-04202-00017 Tax Lot: 00017 Tax Year: 2025 Annual Tax: $3838

  • Parking Information

    Driveway

  • Location Information

    Direction: GPS. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2399 S Main Road, Vineland, NJ, 08360 $1,400,000 10 -- --
882 Sawyer Avenue, Vineland, NJ, 08360 $329,000 4 -- 1,368 1,368 SqFt
815 Sawyer Avenue, Vineland, NJ, 08360 $339,990 3 -- 1,769 1,769 SqFt
411 N East Avenue, Vineland, NJ, 08360 $1,200,000 16 -- 3,718 3,718 SqFt
812 E Elmer Street, Vineland, NJ, 08360 $330,000 5 -- 1,649 1,649 SqFt
713 E Pear Street, Vineland, NJ, 08360 $315,000 5 -- 1,998 1,998 SqFt
525 E Park Avenue, Vineland, NJ, 08360 $289,000 3 -- 1,264 1,264 SqFt
65 W Oak Road, Vineland, NJ, 08360 $389,900 3 -- 1,516 1,516 SqFt
2520 N West Boulevard, Vineland, NJ, 08360 $699,999 6 -- --

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 17:38

MLS: NJCB2031046 LISTED BY: Michael DePalma, DePalma Realty 856-825-5500 SOURCE: Bright MLS

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