8 S Race Street, Millville, NJ 08332 - Photo 1

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$290,000 Just Listed

For Sale
Active
Single Family
2,492 Sq. Ft.
Updated 2 days ago

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Property Description

***Open House on all Millville Properties this Saturday starting at 1:00 pm. Please email me for list and if you will be there so I can add you to the showing appt.*** 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 $32,538.36 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 8 S Race St

General

Price: $290,000
Taxes: $4,481 (2025)
Status: Active
Type: Single Family
Source: BrightMLSPhilly
MLS ID: NJCB2031506
Updated: 7/6/2026
Added to Site: 6 day(s) ago

Rental Information

Lease Info: Month to Month, Yearly

Parking

Total Spaces: 12
Parking Features: Asphalt Driveway
Parking Type: Driveway, Off Street, Parking Lot

Location

Area: Millville City (20610)
Municipality: MILLVILLE CITY
County: CUMBERLAND
Subdivision: NONE
Cross Streets: Cedar
Driving Directions: Follow W Main St and take a left on Cedar ST. Follow cedar to make a left on to S Race ST. Property on right.

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
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Victorian
Structure Type: Detached
Construction: Frame
Basement: Yes
Basement Desc.: Full
Foundation: Block, Concrete Perimeter
Roof: Architectural Shingle
Square Feet: 2,492
Sq. Ft. Source: Assessor
Living Area: 2,492 Sq. Ft.
Finished Above Grnd: 2,492 Sq. Ft.
Year Built: 1917
Year Built Source: Assessor
Property Condition: Excellent, Very Good

Unit Information

Other Units: Unit 1, Unit 1

Additional Structures

Other Structures: Shed

Lot Features

Lot Size Source: Assessor
Lot Dimensions: 54.00 x 100.00
Zoning: B-1

Financial Considerations

Price Per Sq. Ft.: $116.37
Operating Expenses: $8,261
Assessment Year: 2025
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $110,500
Tax Amount: $4,481
Tax Year: 2025
Owner Pays: Insurance, Sewer, Taxes - Real Estate
Tax Total Finished Sq. Ft.: 2492

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: 52

Listed by Keller Williams - Main Street, Carol Terrell

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Listing agent

— 8 S Race St —

Carol Terrell

Keller Williams - Main Street

Listing Office Email: njrealtortara@gmail.com

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NMLS#: 1598647

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Schools

Schools serving 8 S Race St

School District:Millville City School District

Name	Grades	Distance
Silver Run School 301 Silver Run Road, Millville, NJ 08332	K-5	0.4 mi
Lakeside Middle School 2 Sharp Street, Millville, NJ 08332	6-8	1.8 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 8 S Race St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/03/2026

Listed

$290,000

93.33%

MLS

11/15/2021

Sold

$150,000

—

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

Tax History for 8 S Race St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$4,482

3%

$110,500

—

2024

$4,337

4%

$110,500

—

2022

$4,189

3%

$110,500

—

2021

$4,053

9%

$110,500

—

2018

$3,723

1%

$110,500

—

2017

$3,688

1%

$110,500

—

2016

$3,642

-4%

$110,500

—

2019

$3,801

7%

$110,500

—

2015

$3,560

1%

$110,500

—

2013

$3,517

—

$110,500

—

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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8 S Race Street, Millville, NJ 08332 (MLS# NJCB2031506) is a Single Family property with 0 bedrooms and 0 full bathrooms. 8 S Race Street is currently listed for $290,000 and was received on July 03, 2026. Want to learn more about 8 S Race 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.

8 S Race St Millville, NJ 08332