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!
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
What's special
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#: NJCB2024334
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