$125,000

beds

bath

1,001

square ft

416 Green St W

Millville, New Jersey 08332

Closed / MLS #NJCB2024334 / Townhome / Millville

Listing information updated 7/15/2025 at 12:41pm

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!

Full Features

Architecture Style:

Colonial

Basement:

Full,Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air

Main Level Primary Bedroom:

Fireplace:

Pool:

Age:

150 Years

Water Front:

Square Feet:

1,001

Lot Size:

5850.00 Square Feet

Acreage:

0.13

Taxes & Assessments

Tax Amount:

$2,347

Tax Year:

2024

Location

Zip Code:

08332

City:

Millville

County:

Cumberland

Schools

School District(s):

MILLVILLE BOARD OF EDUCATION

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Colonial

Basement:

Full,Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air

Main Level Primary Bedroom:

Fireplace:

Pool:

Age:

150 Years

Water Front:

Square Feet:

1,001

Lot Size:

5850.00 Square Feet

Acreage:

0.13

Tax Amount:

$2,347

Tax Year:

2024

Zip Code:

08332

City:

Millville

County:

Cumberland

School District(s):

MILLVILLE BOARD OF EDUCATION

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: DePalma Realty

Listing Office Phone: 856.825.5500

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