7330 William Avenue
Millville, NJ, 08332 $ 115,000
Bedrooms3 Baths1.0 Sq 780 Monthly Estimate*
$ 717
for $115,000 with 3 bedrooms and 1 full bath. This 780 square foot home was built in 1975 on a lot size of 0.14.
**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 **7330 William Ave**, offering a prime example of potential rental income. This charming home has been recently been vacated and is in the process of being refreshed for the next tenant. The home itself boasts an open-concept living area, three comfortable bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and four off-street parking spaces. The home features newer kitchen cabinets and countertops, and will have new luxury vinyl flooring throughout the entire home along with fresh paint and all new windows. This unit will rent for $1500 a month. Key Investment Highlights: - **Portfolio Price**: $2,000,000 for 20 properties - **Annual Gross Income**: $286,700 - **14% CAP Rate**: Strong return potential in a stable, in-demand location - **Tenant Stability**: Long-term, reliable tenants in place across most properties - **Maintenance & Management**: Well-maintained homes with minimal future 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.
See more
FeaturesGeneralLiving Area 780
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 1975
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
Subdivision Name LAUREL LAKES
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 4
Full Baths 1
Status ACTIVE
Directions Off of Keron Dr
City MILLVILLE
Senior Community Y/N N
MLS Area Commercial Twp (20602)
Lot Size Units Square Feet
Lot Size Square Feet 5998.00
Tax Annual Amount 676.0
Home Warranty Y/N N
Body Type Single Wide
Property Condition Good
Structure Type Mobile Pre 1976
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 147.44
Acceptable Financing Cash
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 01021
Total Actual Rent 18000.00
See more
InteriorHeating Fuel Natural Gas
Flooring Luxury Vinyl Plank
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Window Features Replacement
Fireplace Y/N N
Above Grade Finished Area 780
Half Baths 0
Central Air Y/N N
Total Bedrooms 3
Below Grade Finished Area 0
Room Type Bedroom 2 Bedroom 3 Bedroom 1 Bathroom 1
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Laundry Type Main Floor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
See more
ExteriorPool No Pool
Water Source Well
Type of Parking Driveway
Spa N
Water View Y/N N
Lot Dimensions 60.00 x 100.00
Lot Size Acres 0.14
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 10200.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByCompass New Jersey, Llc - MoorestownBroker
jennifer.rothenberger@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $717
- Monthly Property Taxes
- $56
- 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.
Learn more about how to save NearbySingle family listings in Millville, NJ
Average List Price $278,707
Percent of Sale Price 142%
About Millville, NJ 27,303 Population
2% Since 2002
$ 48,593 Median Income
37.71 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533202 Elementary School
3533268 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/9/2024 | $115,000 | | Listed Price |