#NJCB2024640, Brittany Stites, Listing office: Keller Williams Prime Realty
416 Green St W Millville, NJ 08332
Property details
About 416 Green St W
Opportunity knocks at 416 W Green Street! This 3-bedroom, 1-bathroom twin home offers 1,001 square feet of potential in a rapidly appreciating Millville neighborhood. Whether you're a first-time homebuyer ready to put in short-term sweat equity for long term gains or an investor looking for strong rental returns, this property delivers. Featuring natural gas forced air heating and gas hot water, the home's core systems are already in place. With market rents for 3-bedroom homes nearing $2,000/month and annual taxes just $2,350, the cash flow possibilities are impressive. Most pro forma calculations show a 12%+ cap rate potential and over 22%-25% cash on cash return with financing. This isn't possible in virtually any other asset class, and that's just from cash flow. Enter in appreciation, tax and interest deductions, and depreciation returns and the numbers are unbelievable. What's more, comparable renovated homes are selling for close to $200,000, making this a smart play for value-minded buyers. Whether you're buying responsibly as a primary homeowner, or as a savvy investor, don't miss your chance to secure this special find—act now and position yourself for long-term gains!
Highlights
(ACTIVE)
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Parking: On Street
- Architectural Style: Colonial
- Heating: Forced Air
- Cooling: None
- List Price: $135,000
- Price/SqFt: $134
- Annual Tax Amount: $2,327
- Tax Year: 2024
- Directions: GPS.
- Year Built: 1875
- Stories: 2
- Living Area: 1,001 SqFt
- Municipality: Millville City
- Lot Size: 0.13 Acres
- MLS Number: NJCB2024334
- MLS Name: BRIGHT
- Office Name: DePalma Realty
- Office Phone: (856) 825-5500
- Listing Agent: Michael DePalma
- Agent Phone: (609) 501-4162
- Agent Email: michael.depalma4@gmail.com
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Last updated on: 6/10/2025, 8:33:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$135,000
416 Green St W
$1,603
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 22, 2006 | Home Sold | $64,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $59,800 | $2,327 |
2022 | $59,800 | $2,192 |
2021 | $59,800 | $2,192 |
2020 | $59,800 | $2,156 |
2019 | $59,800 | $2,014 |
History based on county public records data.
Nearby schools
4
Mount Pleasant Elementary School
Public District KG-5
0.9 mi
•100 Carmel Rd
1
Silver Run Elementary School
Public District KG-5
1.1 mi
•301 Silver Run Rd
2
R. M. Bacon Elementary School
Public District KG-5
1.3 mi
•501 S 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,308. Typical income of Millville, NJ residents is less than $<35k annually. Residents typically live in single, with kids family. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 416 Green St W
The listing price of 416 Green St W property is $135,000.
The property 416 Green St W is a townhouse located in Millville, New Jersey, 08332.
Active Listing: 416 Green St W is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 416 Green St W are: Mount Pleasant Elementary School (GreatSchools Rating 4/10), Silver Run Elementary School (GreatSchools Rating 1/10), R. M. Bacon Elementary School (GreatSchools Rating 2/10), Lakeside Middle School (GreatSchools Rating 3/10), Sgt. Dominick Pilla Middle School (GreatSchools Rating 2/10), Anthony Rossi Middle School (GreatSchools Rating 5/10), Millville Public Charter School (GreatSchools Rating 2/10), Millville Senior High School (GreatSchools Rating 2/10), Cumberland County Technical Education Center (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $2,327 (source: MLS/based on county public records data).
The last sale was on March 22, 2006 for $64,900 (source: MLS/tax record).
The property at 416 Green St W has 3 bedrooms and 1 bathroom.
The property 416 Green St W is 1,001 SqFt (source: MLS/tax record).
The year of construction for 416 Green St W is 1875.
This home is located at 416 Green St W in Millville, NJ and zip code 08332. This 1,001 square foot home, which was built in 1875, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $135,000.
The number of homes for sale in Millville, NJ increased by 32.7% between April and May 2025. Listings spent 73 days on the market in May 2025, and had a median list price of $270,000 during the same period.