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$99,900

Beds
2
Baths
1.0
sq ft
560

608 S 2nd St, Millville, NJ 08332

608 S 2nd St

MILLVILLE, NJ 08332

  • 74 days on market
    • Price drop $5,100↓
Attention cashflow investors! Add this one to your portfolio! Market rents are at all time highs. This currently rented property is a two bedroom that could potentially be converted into a 3 bedroom with use of the attic as a bedroom. Outside of the downtown with a private parking area. Lots of potential equity here and ways to increase value. New homes were built just a stone's throw away. Your tenants will also love the park complete with a full basketball court and jungle gym. Seller is selling completely "as-is," any certifications are on the Buyer and any inspections are for informational purposes only. Whether you are starting your portfolio and looking for a low cost way in, or you are looking to add another cash-flowing rental, this is the one to look at!

Details

Property type

Single Family Residence

Est. home value

$98,930

Lot size

4,200 sq ft

Price per sq ft

$179

Year built

1890

Annual property taxes

$2,214

HOA

No

Price History

06/13/2024

Bright #NJCB2017636

Price change
$99,900
-4.86%
04/15/2024

Bright #NJCB2017636

Listed
$105,000
+40%
07/01/2022

Bright #NJCB2004940

Sold
$75,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MILLVILLE AREA

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Colonial Bank Fsb

Loan start date

June 2010

Original loan amount

$112,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

Not Provided, 20 year

Seller

Chaim S Neuberger and Ellis Lewensteikn

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/28/2024 at 3:10 PM

Listing updated: 06/13/2024 at 12:33 PM

Listed by: Michael DePalma, DePalma Realty Phone #: (856) 825-5500

MLS: Bright #NJCB2017636

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