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$289,900 Just Listed

  • For Sale
  • Active
  • Triplex
  • 1,933 Sq. Ft.
  • Updated 1 day ago
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TURNKEY CASHFLOWING TRIPLEX! This 3-unit property has two 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. The two bedroom units are currently occupied while the 3rd is vacant. With just the two leased, the rent roll is $2,535.00 per month, and current 1 bedroom rents in Millville average an asking price of $1,100.00 or more. With all three leased, an investor would expect gross rents of $43,620.00 annually, making this a very strong investment in a good location within a great rental market overall. Both currently leased units are month-to-month. All units have their own electric and gas meters for easy utility management. In addition, the current lease includes a monthly water/sewer fee that generally covers the cost, leaving the landlord responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. This property is priced to move quickly to qualified buyers. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Take a look today!

Full Property Details for 305 S 2nd St

General

  • Price: $289,900
  • Taxes: $3,443 (2025)
  • Status: Active
  • Type: Triplex
  • Source: BrightMLSPhilly
  • MLS ID: NJCB2031048
  • Updated: 6/12/2026
  • Added to Site: 2 day(s) ago

Parking

  • Parking Type: Off Street

Location

  • Area: Millville City (20610)
  • Municipality: MILLVILLE CITY
  • County: CUMBERLAND
  • Driving Directions: GPS.

School Information

  • School District: Millville Area

Heating & Cooling

  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Federal
  • Structure Type: Other
  • Construction: Frame
  • Square Feet: 1,933
  • Sq. Ft. Source: Assessor
  • Living Area: 1,933 Sq. Ft.
  • Finished Above Grnd: 1,933 Sq. Ft.
  • Year Built: 1917
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 3

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018
  • Lot Size Source: Estimated
  • Lot Dimensions: 66.00 x 150.00
  • Zoning: RESIDENTIAL

Financial Considerations

  • Price Per Sq. Ft.: $149.97
  • Assessment Year: 2025
  • Tax w/Assessment: $84,900
  • Tax Amount: $3,443
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1933

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenant personal property.
  • Inclusions: All landlord owned appliances, fixed items, and utility systems.
  • Lot Number: 23

Listed by DePalma Realty, Michael DePalma

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Listing agent

— 305 S 2nd St —

  • Michael DePalma

    DePalma Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 305 S 2nd St

School District:Millville City School District
NameGradesDistance
Bacon Elementary School
501 South 3rd Street, Millville, NJ 08332
K-50.4 mi
Lakeside Middle School
2 Sharp Street, Millville, NJ 08332
6-81.9 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 305 S 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/12/2026
Listed
$289,900
155.42%
MLS
12/21/2020
Sold
$113,500
—
Public Record
Get Price Alerts and Save Property
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 for 305 S 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,332
4%
$84,900
—
2022
$3,219
3%
$84,900
—
2021
$3,114
9%
$84,900
—
2018
$2,860
-2%
$84,900
—
2019
$2,921
3%
$84,900
—
2017
$2,834
1%
$84,900
—
2016
$2,798
2%
$84,900
—
2015
$2,735
1%
$84,900
—
2013
$2,702
—
$84,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by DePalma Realty, Michael DePalma

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305 S 2nd St, Millville, NJ 08332 (MLS# NJCB2031048) is a Triplex property with 0 bedrooms and 0 full bathrooms. 305 S 2nd St is currently listed for $289,900 and was received on June 12, 2026. Want to learn more about 305 S 2nd St? Do you have questions about finding other Triplex real estate for sale in Millville? You can browse all Millville real estate or contact a Coldwell Banker agent to request more information.

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