305 S 2ND ST, Millville, NJ 08332

• 1,933 sqft

Property Description

TURNKEY CASHFLOWING TRIPLEX! This 3-unit property has two 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. The two bedroom units are currently occupied while the 3rd is vacant. With just the two leased, the rent roll is $2,535.00 per month, and current 1 bedroom rents in Millville average an asking price of $1,100.00 or more. With all three leased, an investor would expect gross rents of $43,620.00 annually, making this a very strong investment in a good location within a great rental market overall. Both currently leased units are month-to-month. All units have their own electric and gas meters for easy utility management. In addition, the current lease includes a monthly water/sewer fee that generally covers the cost, leaving the landlord responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. This property is priced to move quickly to qualified buyers. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Take a look today!

Listing Status:

Active

Data Last Updated:

June 24, 2026 at 9:20PM

Listing Office:

DePalma Realty : 8568255500

Listing Agent:

Michael DePalma : 6095014162

MLS ID:

NJCB2031048

Interior

• A/C: None
• Heating: Baseboard - Hot WaterNatural Gas
• Disability Feature: 2+ Access Exits

Exterior

• General: Above GradeBelow Grade
• Style: Federal

Construction

• General: Frame

Location

• Originating MLS: BRIGHT_MAIN
• School District: MILLVILLE AREA
• County: CUMBERLAND-NJ

Lot

• Zoning: RESIDENTIAL10-00479-00023

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant personal property.