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$200,000
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Property Description
*** Investor Alert! Strong cap rate and annual return opportunity here. This two-unit duplex features two bedrooms and one bathroom in each unit, with tenants already in place and generating solid rental income. The property is producing an annual NOI of approximately $28,373, making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing duplex is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a convenient area near local parks, dams, bridges, eateries, and entertainment, this duplex offers both investment appeal and neighborhood amenities. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don't miss this opportunity-schedule your showing today!
Full Property Details
Full Property Details for 24 Cedar St
General
- Sold For: $200,000
- Taxes: $3,423 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: NJCB2031488
- Added to Site: 100 day(s) ago
Rental Information
- Lease Info: Month to Month, Yearly
Interior
- Number of Rooms: 12
Exterior
- Exterior Features: Exterior Lighting, Flood Lights, Play Area, Sidewalks, Street Lights
Parking
- Total Spaces: 12
- Parking Features: Dirt Driveway, Crushed Stone, Fenced
- Parking Type: Off Street, On Street, Parking Lot
Location
- Area: Millville City (20610)
- Municipality: MILLVILLE CITY
- County: CUMBERLAND
- Subdivision: NONE
- Cross Streets: E Main ST
- Driving Directions: From S Wade Blvd. Take a right onto E. Main ST. Follow about one mile and make a left at the traffice light onto Cedar ST. House on right middle of block.
School Information
- School District: Millville Area
- Elementary School: Silver Run E.S.
- Middle School: Lakeside M.S.
- High School: Millville Senior H.S.
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water, Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Federal
- Structure Type: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Foundation: Block, Concrete Perimeter, Crawl Space
- Roof: Architectural Shingle
- Square Feet: 1,778
- Sq. Ft. Source: Assessor
- Living Area: 1,778 Sq. Ft.
- Finished Above Grnd: 1,778 Sq. Ft.
- Year Built: 1887
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,502
- Lot Size Source: Assessor
- Lot Dimensions: 50.00 x 110.00
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $126.55
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $84,400
- Tax Amount: $3,423
- Tax Year: 2025
- Terms: Third Party Approval
- Owner Pays: Sewer, Repairs, Taxes - Real Estate
- Tax Total Finished Sq. Ft.: 1778
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's personal property
- Inclusions: All Appliances and Fixtures are being transferred in their AS IS Condition.
- Lot Number: 16
Listed by Keller Williams - Main Street, Carol Terrell
Sold by NJ Elite Group LLC, Jasmin Elalfy
Get Pre-Approved Today
Schools
Schools serving 24 Cedar St
School District:Millville City School District
| Name | Grades | Distance |
|---|---|---|
Silver Run School 301 Silver Run Road, Millville, NJ 08332 | K-5 | 0.5 mi |
Lakeside Middle School 2 Sharp Street, Millville, NJ 08332 | 6-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24 Cedar St
Date
Details
Price
Change
Source
9/30/2026
Sold
$200,000
-11.11%
MLS
7/03/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
24 Cedar Street, Millville, NJ 08332 (MLS# NJCB2031488) is a Single Family property that was sold at $200,000 on September 30, 2026. Want to learn more about 24 Cedar Street? Do you have questions about finding other Single Family real estate for sale in Millville? You can browse all Millville real estate or contact a Coldwell Banker agent to request more information.

