7637 Joseph Street Millville, NJ $ 115,000
7637 Joseph Street
$ 115,000
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7637 Joseph Street

Millville, NJ, 08332
$ 115,000
Bedrooms2 Baths1.1 Sq 938

Monthly Estimate*

$ 717

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Single Family Home for sale in Millville, NJ

for $115,000 with 2 bedrooms and 1 full bath, 1 half bath. This 938 square foot home was built in 1970.

**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. Dont 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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Single Family Active

Price

$ 115,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,128

Style

Modular/Pre-Fabricated

Year Built

1970

Town/City

Millville

County/Region

Cumberland

MLS | Web ID

NJCB2021304

Features
General
Living Area 938
Sewer On Site Septic
Heating Forced Air
Cooling None
Possession Negotiable
Roof Flat
Zoning VR1
Architectural Style Modular/Pre-Fabricated
Construction Materials Frame
School District MILLVILLE AREA
Exclusions Tenant Belongings
Year Built 1970
Levels 1
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality COMMERCIAL TWP
Accessibility None
County CUMBERLAND
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name LAUREL LAKES
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions Corner of Joseph and Raymond
City MILLVILLE
Senior Community Y/N N
MLS Area Commercial Twp (20602)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1128.0
Home Warranty Y/N N
Body Type Single Wide
Structure Type Mobile Pre 1976
Green Verification Y/N N
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 122.6
Acceptable Financing Cash
Additional Parcels Y/N N
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00697
Association Recreation Fee N
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Interior
Heating Fuel Electric Natural Gas
Flooring Carpet Luxury Vinyl Plank
Hot Water Electric
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 938
Half Baths 1
Central Air Y/N N
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Laundry Type Hookup Main Floor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool No Pool
Water Source Well
Type of Parking Driveway
Spa N
Water View Y/N N
Lot Dimensions 126.00 x 0.00
Lot Size Acres 0.00
Private Pool N
Lot Size Source Assessor
Waterfront Y/N N
Horse Y/N N
Pool Y/N N
Land Assessed Value 21500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 7637
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* Excluded Features
List By
Compass New Jersey, Llc - Moorestown

Broker

jennifer.rothenberger@compass.com

Email

Affordability Calculator

$811
Per Month
88%
12%
0%
Monthly Principal & Interest
$717
Monthly Property Taxes
$94
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533202 Elementary School
3533268 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2024$115,000 Listed Price

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7637 Joseph Street, Millville, NJ, 08332 is a Single Family Home for sale at $115,000 with 938 sqft. 7637 Joseph Street has 2 bedrooms, 1.1 baths, and was built in 1970. The property's zip code is 08332 which is in Millville, NJ