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Jennifer Rothenberger

7637 Joseph St

$115,000 7637 Joseph St, 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 **7637 Joseph St**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for two years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, a half bath off the primary and a full bath in the hallway, 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
  • 938 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 7637 Joseph St, Millville, NJ 08332. We are reviewing your request and will be in touch shortly!

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 938 Sq.Ft.
  • MLS® ID: NJCB2021304
  • Type: Manufactured-Mobile
  • Year Built: 1970
  • Architecture Styles: Modular/Pre-Fabricated
  • School District: MILLVILLE AREA

Interior

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Room: Main Level
  • Flooring: Carpet
  • Appliances: Electric Water Heater
  • Other Interior Features: Carpet

Exterior & Building

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

Financial

  • Sales Price: $115,000
  • Real Estate Tax: $1,115/yr

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7637 Joseph St

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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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