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Jennifer Rothenberger

542 Gooseberry Rd

$110,000 542 Gooseberry Rd, Millville, NJ 08332
**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 **542 Goosebery**, offering a prime example of steady rental income. This charming home has been newly leased by a well qualified tenant, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, and a full bath and a half 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.
  • For Sale
    Status
  • 2
    Bedrooms
  • 2
    Bathrooms
  • 1970
    Year Built
  • 672 Sq.Ft.
    Living Area
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Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 542 Gooseberry Rd, Millville, NJ 08332. We are reviewing your request and will be in touch shortly!

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 672 Sq.Ft.
  • Lot Size: 6,618 Sq.Ft.
  • MLS® ID: NJCB2021278
  • Type: Manufactured-Mobile
  • Year Built: 1970
  • Architecture Styles: Modular/Pre-Fabricated
  • School District: COMMERCIAL TOWNSHIP PUBLIC SCHOOLS

Interior

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Room: Main Level
  • Appliances: Electric Water Heater

Exterior & Building

  • Stories: 1
  • Water Source: Well, Private
  • Heat Type: Forced Air, Electric
  • Sewer: Septic Tank

Financial

  • Sales Price: $110,000
  • Real Estate Tax: $656/yr

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542 Gooseberry Rd

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Jennifer is an expert in this local area, she brings a wealth of knowledge about buying and selling real estate here.
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