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Property Description
**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000** 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 **7413 John St**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for almost 2 years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. 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 7413 John
General
- Price: $85,000
- Taxes: $718 (2024)
- Status: Active
- Type: Mobile Home
- Source: BrightMLSPhilly
- MLS ID: NJCB2021298
- Updated: 12/17/2025
- Added to Site: 433 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
- Driving Directions: Off Keron Dr
School Information
- School District: Millville Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Well
Structural Information
- Architectural Style: Modular/Pre-Fabricated
- Structure Type: Mobile Pre 1976
- Construction: Frame
- Roof: Flat
- Stories Description: Main
- Square Feet: 450
- Sq. Ft. Source: Assessor
- Living Area: 450 Sq. Ft.
- Finished Above Grnd: 450 Sq. Ft.
- Year Built: 1968
- Year Built Source: Assessor
Manufactured Home
- Mobile Home Type: Single Wide
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 8,999
- Lot Size Source: Assessor
- Lot Dimensions: 90.00 x 100.00
- Zoning: VR1
Financial Considerations
- Price Per Sq. Ft.: $188.89
- Assessment Year: 2024
- Tax w/Assessment: $24,000
- Tax Amount: $718
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 450
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant Belongings
- Lot Number: 379
Listed by Compass New Jersey, LLC - Moorestown, Jennifer J Rothenberger
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Schools
Schools serving 7413 John
School District:Commercial Township School District
| Name | Grades | Distance |
|---|---|---|
Commerical Township School 1308 North Avenue, Commercial Township, NJ 08349 | PK-5 | 2.6 mi |
Port Norris Elementary School 6812 Brown Street, Commercial Township, NJ 08349 | 6-8 | 5.1 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 7413 John
Date
Details
Price
Change
Source
11/09/2024
Listed
$85,000
-82.69%
MLS
4/08/2011
Sold
$491,000
—
Public Record
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 7413 John
Year
Property Taxes
Change
Tax Assessment
Change
2024
$719
2%
$24,000
—
2022
$702
2%
$24,000
—
2021
$691
-48%
$24,000
-53%
2018
$1,336
4%
$51,100
—
2017
$1,286
4%
$51,100
—
2016
$1,242
12%
$51,100
—
2015
$1,106
-17%
$51,100
—
2019
$1,332
26%
$51,100
—
2013
$1,058
—
$51,100
—
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 7413 John
7413 John, Millville, NJ 08332 (MLS# NJCB2021298) is a Mobile Home property with 2 bedrooms and 1 full bathroom. 7413 John is currently listed for $85,000 and was received on November 09, 2024. Want to learn more about 7413 John? 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.

