1. New Jersey
2. Millville
3. 416 GREEN ST

416 GREEN ST, Millville, NJ 08332

• 3 beds |
• 1 bath |
• 1,001 sqft

Property Description

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!

Listing Status:

Active

Date Added:

June 9, 2025 at 05:00AM

Listing Office:

DePalma Realty : 8568255500

Listing Agent:

Michael DePalma : 6095014162

MLS ID:

NJCB2024334

Interior

• Basement: FullUnfinished
• A/C: None
• Heating: YForced AirNatural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Michael DePalma, DePalma Realty