$2,969 Closing Credit¹
#NJCB2022542, William B Spinner, Listing Office: Real Broker, LLC
$312,563 List price
517 N 2nd St Millville, NJ 08332
$3,712
Closing credit¹
0.08 acres
Multi-Family
Property details
About 517 N 2nd St
INSTANT CASH FLOW! 4 UNITS. This attached quadruplex is a rare find in Millville that combines the high gross rent revenue of a 4-unit multifamily property with the low taxes of an attached home. MONTHLY Gross rent is $3,875.00 per month and YEARLY Taxes are $3,200.00. Property is currently 100% occupied. There are 3 one bedroom, one bathroom units and 1 two bedroom, one bathroom unit. Bought in 2021, each of the units has been renovated since. All units are electric and have separate meters. Owner pays water/sewer/trash, RE taxes, and insurance. Pictured are two of the units -- other two units in similar condition. Add this cashflowing property to your portfolio or start your journey to long term wealth today!
Highlights
Home typeQuadruplex
HeatingOther
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWindow Unit(s)
Lot size0.08 Acres
Year built1920
ParkingOn Street
MLS #NJCB2020396
Summary
- MLS Number: NJCB2020396
- 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
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 3:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$312,563
517 N 2nd St
$3,712
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $82,100 | $3,195 |
| 2022 | $82,100 | $3,011 |
| 2021 | $82,100 | $2,961 |
| 2020 | $82,100 | $2,961 |
| 2019 | $82,100 | $2,765 |
History based on county public records data.
Nearby schools
2
R. M. Bacon Elementary School
Public District KG-5
1.0 mi
•501 S 3rd St
1
Silver Run Elementary School
Public District KG-5
1.1 mi
•301 Silver Run Rd
4
Mount Pleasant Elementary School
Public District KG-5
1.3 mi
•100 Carmel Rd
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 $19,531. The most common annual income of people living in Millville, NJ is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
64%
<35k
31%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
38%
Single, No Kids
33%
Single, with Kids
13%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Basketball
Continuing Education Courses
Where do the neighbors shop?
Burlington
Ross Dress For Less
Express/Express For Men
Where do the neighbors go to eat?
Popeyes
Jasons Deli
Qdoba
What do the neighbors drive?
Dodge
Acura
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational
All data provided by Home Junction and Claritas
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This home is located at 517 N 2nd St in Millville, NJ and zip code 08332. Features: 0 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $312,563.
Over 4 listings were sold over their listed price in February 2025 in Millville, NJ. In the same period over 12 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Millville, NJ increased by 7.5% between January and February 2025. While the average time on the market in February 2025 was 42 days, the median list price was $235,000.
From Rocket Homes Real Estate and based on county public records data.