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$75,000
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Property Description
**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties in Laurel Lakes** Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability. One property within this portfolio is **250 Jute Rd**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for several years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. Cash only. Key Investment Highlights: - **Portfolio Price**: $2,000,000 for 20 properties - **Annual Gross Income**: $240,000 - **12% CAP Rate**: Strong return potential in a stable, in-demand location - **Tenant Stability**: Long-term, reliable tenants in place across all properties - **Maintenance & Management**: Well-maintained homes with minimal upkeep required This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don't miss out on this lucrative opportunity in Laurel Lakes! Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.
Full Property Details
Full Property Details for 250 Jute Rd
General
- Price: $75,000
- Taxes: $598 (2024)
- Status: Active
- Type: Mobile Home
- Source: BrightMLSPhilly
- MLS ID: NJCB2021228
- Updated: 12/17/2025
- Added to Site: 434 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Parking
- Total Spaces: 2
- Parking Type: Driveway
Location
- Area: Commercial Twp (20602)
- Municipality: COMMERCIAL TWP
- County: CUMBERLAND
- Subdivision: LAUREL LAKES
- Cross Streets: Magnolia
- Driving Directions: Off of Magnolia
School Information
- School District: Millville Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Private Septic Tank
- Water: Well
Structural Information
- Architectural Style: Modular/Pre-Fabricated
- Structure Type: Mobile Pre 1976
- Construction: Frame
- Roof: Flat
- Stories Description: Main
- Square Feet: 460
- Sq. Ft. Source: Assessor
- Living Area: 460 Sq. Ft.
- Finished Above Grnd: 460 Sq. Ft.
- Year Built: 1970
- Year Built Source: Assessor
Manufactured Home
- Mobile Home Type: Single Wide
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 4,000
- Lot Size Source: Assessor
- Lot Dimensions: 40.00 x 100.00
- Zoning: VR2
Financial Considerations
- Price Per Sq. Ft.: $163.04
- Assessment Year: 2024
- Tax w/Assessment: $20,000
- Tax Amount: $598
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 460
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant belongings
- Lot Number: 6130
Listed by Compass New Jersey, LLC - Moorestown, Jennifer J Rothenberger
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Schools
Schools serving 250 Jute Rd
School District:Commercial Township School District
| Name | Grades | Distance |
|---|---|---|
Commerical Township School 1308 North Avenue, Commercial Township, NJ 08349 | PK-5 | 3.3 mi |
Port Norris Elementary School 6812 Brown Street, Commercial Township, NJ 08349 | 6-8 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 250 Jute Rd
Date
Details
Price
Change
Source
11/09/2024
Listed
$75,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 250 Jute Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$599
2%
$20,000
—
2022
$585
2%
$20,000
—
2021
$576
-52%
$20,000
-57%
2018
$1,211
4%
$46,300
—
2017
$1,165
4%
$46,300
—
2016
$1,125
12%
$46,300
—
2015
$1,002
-17%
$46,300
—
2019
$1,207
26%
$46,300
—
2013
$958
—
$46,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 250 Jute Rd
250 Jute Road, Millville, NJ 08332 (MLS# NJCB2021228) is a Mobile Home property with 2 bedrooms and 1 full bathroom. 250 Jute Road is currently listed for $75,000 and was received on November 09, 2024. Want to learn more about 250 Jute Road? Do you have questions about finding other Mobile Home real estate for sale in Millville? You can browse all Millville real estate or contact a Coldwell Banker agent to request more information.

