NJ > Millville > None Available.
Millville, NJ 08332,123 W FOUNDRY ST
Millville, NJ 08332,123 W FOUNDRY ST
Millville, NJ 08332,123 W FOUNDRY ST
Millville, NJ 08332,123 W FOUNDRY ST
Millville, NJ 08332,123 W FOUNDRY ST
Millville, NJ 08332,123 W FOUNDRY ST
Ryan Fagan
Ryan Fagan

Broker/Owner | License ID: 1431900

+1(609) 200-1145

GET MORE INFORMATION

Full Name
Phone*
Message
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
Listed by Michael DePalma • DePalma Realty
Bought with Non Subscribing Member • Non Subscribing Office

$ 115,000

$ 120,000 4.2%

Est. payment | /mo

3 Beds

1 Bath

1,128 SqFt

$ 115,000

$ 120,000 4.2%

Est. payment | /mo

3 Beds

1 Bath

1,128 SqFt

Key Details

Sold Price $115,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,128 sqft

Price per Sqft $101

Subdivision None Available.

MLS Listing ID NJCB2024582

Sold Date 08/15/25

Style Colonial

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,128

Year Built 1912

Annual Tax Amount $2,476

Tax Year 2024

Lot Size 3,100 Sqft

Acres 0.07

Lot Dimensions 25.00 x 124.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Opportunity knocks at 123 W Foundry Street! This 3-bedroom, 1-bathroom twin home offers 1,128 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. With market rents for 3-bedroom homes nearing $2,000/month and annual taxes just under $2,500, 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!

Location

State NJ

County Cumberland

Area Millville City (20610)

Zoning RES

Rooms

Basement Full, Unfinished

Interior

Hot Water Other

Heating Forced Air

Cooling None

Fireplace N

Heat Source Oil

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Stone

Above Ground Finished SqFt 1128

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Millville Board Of Education

Others

Senior Community No

Tax ID 10-00285-00006

Ownership Fee Simple

SqFt Source 1128

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

Bright MLS (BMLS)
Ryan Fagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 200-1145

ryan.fagan@ardhirealestate.com

1816 Mount Holly Rd, Burlington, NJ, 08016, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ardhi Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

123 W FOUNDRY ST