503-505 North 2nd Street

Millville, NJ 08332

$350,000
Price
5
Beds
3
Baths
2,352 Sq. Ft.
$149 / Sq. Ft.
2,352
Sq. Ft.
$149
per Sq. Ft.

Description

Investment / Income Producing - Introducing a newly listed triplex situated in the vibrant heart of the City of Millville. Comprising two units featuring one bedroom and one bathroom each, alongside a larger unit boasting three bedrooms and one bathroom, this property offers a diverse range of accommodation options. Currently, all three units are fully rented out, ensuring immediate cash flow for potential investors. The property's prime location in Millville presents an enticing opportunity, with...Investment / Income Producing - Introducing a newly listed triplex situated in the vibrant heart of the City of Millville. Comprising two units featuring one bedroom and one bathroom each, alongside a larger unit boasting three bedrooms and one bathroom, this property offers a diverse range of accommodation options. Currently, all three units are fully rented out, ensuring immediate cash flow for potential investors. The property's prime location in Millville presents an enticing opportunity, with its proximity to amenities and conveniences making it an attractive prospect for tenants.
  1. Listed by Desiree Sheppard • Coldwell Banker Excel Realty
    P: 6093648071 desiree.cbexcel@gmail.com

Property Details for 503-505 North 2nd Street

Tax ID Number
10-00359-00029
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional
Waterfront
No
Garage
No
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (CUMBERLAND NJ)

Location

Listing Courtesy of Coldwell Banker Excel Realty
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LISTING UPDATED: 04/23/2024 03:45 PM

Property Details for 503-505 North 2nd Street

StatusActive
MLS #NJCB2017806
Days on Market12
Taxes$6,301 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1917
Lot Size0.07 AC / 2,891 SF
CountyCumberland County NJ

Location

Listing Courtesy of Coldwell Banker Excel Realty
Add your commute

Building Information for 503-505 North 2nd Street

Stories-Residences3Year Built1917Building Size-Lot Size0.07 AC / 2,891 SF

Payment Calculator

$2,435 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$525

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 503-505 North 2nd Street

Location
Location
  • Transportation: Bus Stop less than 1 mile
  • School District Name: MILLVILLE BOARD OF EDUCATION
  • School District County ID: 300200396113
  • SchoolDistrictSource: Listing Agent
  • Middle Or Junior School: LAKESIDE (CUMBERLAND NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: MILLVILLE SENIOR (CUMBERLAND NJ)
  • HighSchoolSource: Listing Agent
  • County: CUMBERLAND
  • MLS Area: Millville City (20610)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $161,900
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $147,900
  • City Town Tax: $0
  • Land Assessed Value: $14,000
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 0
  • Historic: No
  • Zoning: RESID
  • Tax Lot: 00029
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Other
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Furnished: All
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 3
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Beds Total: 3
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 5
Unit 3
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 3
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2015
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 49.00 x 59.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Additional Lot(s)
  • Parcel ID: 3135446
  • Ground Rent Exists: No
  • Ground Rent Payment Frequency: Annually
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Fire Escape
  • Outdoor Living Structures: Enclosed
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Cumberland County Board of REALTORS
  • List Agent URL: www.Sheppard-homes.com

Property History for 503-505 North 2nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 503-505 North 2nd Street

This home is within Millville Board Of Education School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Silver Run School
PublicK to 5

Lakeside Middle School
Public6 to 8

Millville Senior High School
Public9 to 12

Memorial High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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503-505 North 2nd Street is a multi-family home for sale in Millville, NJ 08332. This property was listed for sale on April 23, 2024 by Coldwell Banker Excel Realty, it's currently listed at $350,000. It has been on the market for a total of 12 days and was last sold on November 23, 2006. This listing's school district is Millville Board Of Education School District. Nearby schools include Silver Run School, Lakeside Middle School and Millville Senior High School. 503-505 North 2nd Street is a 5-bed, 3-bath, 2,352 sqft multi-family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Excel Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.