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Sold for $125,000 on 07/07/25
  • $125,000

    416 Green St W, Millville, NJ 08332

    3beds
    1,001sqft
    Single Family Residence
    Built in 1875
    5,850 Square Feet Lot
    $-- Zestimate®
    $125/sqft
    $1,871 Estimated rent

    Owner options

    List your home for rent

    $1,871/mo

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    $1,871/mo

    Rent Zestimate®

    Refinance and save

    $756/mo

    Est. payment

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    $756/mo

    Est. payment

    What's special

    Opportunity knocks at 416 W Green Street! This 3-bedroom, 1-bathroom twin home offers 1,001 square feet of potential in a rapidly appreciating Millville neighborhood. Whether you're a first-time homebuyer ready to put in short-term sweat equity for long term gains or an investor looking for strong rental returns, this property delivers. Featuring natural gas forced air heating and gas hot water, the home's core systems are already in place. With market rents for 3-bedroom homes nearing $2,000/month and annual taxes just $2,350, the cash flow possibilities are impressive. Most pro forma calculations show a 12%+ cap rate potential and over 22%-25% cash on cash return with financing. This isn't possible in virtually any other asset class, and that's just from cash flow. Enter in appreciation, tax and interest deductions, and depreciation returns and the numbers are unbelievable. What's more, comparable renovated homes are selling for close to $200,000, making this a smart play for value-minded buyers. Whether you're buying responsibly as a primary homeowner, or as a savvy investor, don't miss your chance to secure this special find—act now and position yourself for long-term gains!

    Zillow last checked: 11 hours ago

    Listing updated: July 15, 2025 at 06:35am

    Listed by:

    Mike DePalma 609-501-4162,

    DePalma Realty

    Bought with:

    Mike DePalma, 1328898

    DePalma Realty

    Source: Bright MLS,MLS#: NJCB2024334MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,001
    • Total interior livable area: 1,001 sqft
    • Finished area above ground: 1,001
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 5,850 sqft
    • Dimensions: 43.00 x 136.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 100030100005
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Frame
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1875

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Millville
    • Subdivision: None Available
    • Municipality: MILLVILLE CITY

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple