513-515 E Pine Street Millville, NJ $ 375,000
513-515 E Pine Street
$ 375,000
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513-515 E Pine Street

Millville, NJ, 08332
$ 375,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,368

513-515 E Pine Street, Millville, NJ 08332 - Image 1
513-515 E Pine Street, Millville, NJ 08332 - Image 2
513-515 E Pine Street, Millville, NJ 08332 - Image 3
513-515 E Pine Street, Millville, NJ 08332 - Image 4
513-515 E Pine Street, Millville, NJ 08332 - Image 5
513-515 E Pine Street, Millville, NJ 08332 - Image 6
513-515 E Pine Street, Millville, NJ 08332 - Image 7

Multi-Family Home for sale in Millville, NJ

for $375,000 with 4 bedrooms. This home was built in 1927 on a lot size of 0.02.

Investor Alert! Strong cap rate and annual return opportunity here. This two-unit duplex features two bedrooms and one bathroom in each unit, with tenants already in place and generating solid rental income. The property is producing an annual NOI of approximately $42,348.84 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing duplex is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a convenient area near local parks, dams, bridges, eateries, and entertainment, this duplex offers both investment appeal and neighborhood amenities. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Dont miss this opportunityschedule your showing today!

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Multi-Family Active

Price

$ 375,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,567

Style

Converted Dwelling,Colonial

Lot Size

0.02

Year Built

1927

Town/City

Millville

County/Region

Cumberland

MLS | Web ID

NJCB2031504

Features
General
Living Area 2578
Sewer Private Sewer
Heating Forced Air
Cooling Ceiling Fan(s) Window Unit(s)
Possession 0-30 Days CD
Roof Architectural Shingle
Zoning B-1
Architectural Style Converted Dwelling Colonial
Construction Materials Frame
School District MILLVILLE AREA
Exclusions Tenant's Personal Property
Year Built 1927
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality MILLVILLE CITY
Gross Income 61800.00
Accessibility None
County CUMBERLAND
Net Operating Income 42348.84
Operating Expense 19451.16
Insurance Expense 980.00
New Construction N
Property Type Multi-Family
Subdivision Name NONE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From Wade Blvd. Take E. Main ST to a right on to N 6th ST. Follow to make a left onto Pine ST. House on Left middle of block.
City MILLVILLE
Disclosures None
Number Of Units Total 1
MLS Area Millville City (20610)
Lot Size Units Square Feet
Lot Size Square Feet 902.00
Number of Units Leased 4
Tax Annual Amount 4567.0
Property Condition Very Good Good Average
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 145.46
Acceptable Financing Cash Conventional FHA 203(b) Negotiable Seller Financing
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Month to Month Yearly
Standard Status Active
Year Built Source Assessor
Tax Lot 00005
Total Actual Rent 61800.00
Cap Rate 0.12
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Interior
Heating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Inclusions All Appliances and Fixtures are being transferred in their AS IS Condition.
Type of Parking On Street
Foundation Details Block Concrete Perimeter
Water View Y/N N
Lot Dimensions 10.00 x 0.00
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 16300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 513
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* Excluded Features
List By
Keller Williams - Main Street

Broker

carol.terrell@kw.com

Email

Affordability Calculator

$2,748
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,368
Monthly Property Taxes
$381
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5509858 Elementary School
5263353 Middle School
Millville Senior H.S. High School
Pricing History
DatePricePrice ChangeDescription
7/3/2026$375,000 Listed Price

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513-515 E Pine Street, Millville, NJ, 08332 is a Multi-Family Home for sale at $375,000 with a lot size of 0.02. 513-515 E Pine Street has 4 bedrooms, 0.0 baths, and was built in 1927. The property's zip code is 08332 which is in Millville, NJ