Property

Millville, NJ 08332 504 Dandelion Road

504 Dandelion Road Millville, NJ - Image 1504 Dandelion Road Millville, NJ - Image 2504 Dandelion Road Millville, NJ - Image 3
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504 Dandelion Road Millville, NJ - Image 4504 Dandelion Road Millville, NJ - Image 5504 Dandelion Road Millville, NJ - Image 6504 Dandelion Road Millville, NJ - Image 7504 Dandelion Road Millville, NJ - Image 8504 Dandelion Road Millville, NJ - Image 9504 Dandelion Road Millville, NJ - Image 10504 Dandelion Road Millville, NJ - Image 11504 Dandelion Road Millville, NJ - Image 12504 Dandelion Road Millville, NJ - Image 13504 Dandelion Road Millville, NJ - Image 14
Presented By: Compass New Jersey, LLC - Moorestown
  • MLS# NJCB2021260
  • 11/09/2024
  • Request Tour
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  • Beds • 2
  • Baths • 1
  • SQFT • 612

Home Details

**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties in Laurel Lakes** 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 **504 Dandelion**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for several years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, bonus living area, 2 spacious bedrooms, and a full bath, all nestled on a generous lot with mature trees and four off-street parking spaces. Tenant currently in an active lease until May 2026. Owner occupancy would not be an option until after that time. Cash Only, As-Is Purchase. 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. Dont 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.
Presented By: Compass New Jersey, LLC - Moorestown

Interior Features for 504 Dandelion Road

Bedrooms

Main Level Bedrooms2
Total Bedrooms2

Bathrooms

Total Baths1

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area612
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NNo
Basement (Y/N)No
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelOil
Heating Y/NYes
Hot WaterElectric
Laundry TypeHas Laundry

General for 504 Dandelion Road

Acceptable FinancingCash
AccessibilityNone
Additional Parcels Y/NNo
Architectural StyleModular/Pre-Fabricated
Association Recreation FeeN
Attached Garage No
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
Body TypeSingle Wide
CityMILLVILLE
Condo/Coop Association Y/NNo
Construction MaterialsFrame
Cool FuelNone
CoolingNone
CountyCUMBERLAND
DirectionsOff of Doris Dr
Full Baths1
Garage Y/NNo
Green Verification Y/NNo
HOANo
HeatingForced Air
Historic Y/NNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Levels1
Lot Size Square Feet8002.00
Lot Size UnitsSquare Feet
MLS AreaCommercial Twp (20602)
ModificationTimestamp2025-07-18T14:16:35
MunicipalityCOMMERCIAL TWP
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG147.06
Property Attached Y/NNo
Property TypeResidential
RoofFlat
School DistrictCOMMERCIAL TOWNSHIP PUBLIC SCHOOLS
Senior Community Y/NNo
SewerOn Site Septic
Standard StatusActive
StatusACTIVE
Structure TypeManufactured
Subdivision NameLAUREL LAKES
Tax Annual Amount801.0
Tax Assessed Value26800.0
Tax Lot09005
Tax Year2024
Total SQFT612
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1980
Year Built SourceAssessor
ZoningVR2

Exterior for 504 Dandelion Road

FencingFully, Privacy
Foundation DetailsNone
Horse Y/NNo
Land Assessed Value12600.00
Land Use Code
Lot Dimensions80.00 x 100.00
Lot Size Acres0.18
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Park NameNA
PoolNo Pool
Pool Y/NNo
Private PoolNo
SpaNo
Total Parking Spaces4
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $90,000
MLS#NJCB2021260
List Date 11/09/2024
Property Type Manufactured
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