Property

Millville, NJ 08332 7330 William Avenue

7330 William Avenue Millville, NJ - Image 17330 William Avenue Millville, NJ - Image 27330 William Avenue Millville, NJ - Image 3
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7330 William Avenue Millville, NJ - Image 47330 William Avenue Millville, NJ - Image 57330 William Avenue Millville, NJ - Image 67330 William Avenue Millville, NJ - Image 77330 William Avenue Millville, NJ - Image 87330 William Avenue Millville, NJ - Image 97330 William Avenue Millville, NJ - Image 107330 William Avenue Millville, NJ - Image 117330 William Avenue Millville, NJ - Image 127330 William Avenue Millville, NJ - Image 137330 William Avenue Millville, NJ - Image 14
Presented By: Compass New Jersey, LLC - Moorestown
  • MLS# NJCB2021296
  • 11/09/2024
  • Request Tour
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  • Beds • 3
  • Baths • 1
  • SQFT • 780

Home Details

**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 **7330 William Ave**, offering a prime example of potential rental income. This charming home has been recently been vacated and is in the process of being refreshed for the next tenant. The home itself boasts an open-concept living area, three comfortable bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and four off-street parking spaces. The home features newer kitchen cabinets and countertops, and will have new luxury vinyl flooring throughout the entire home along with fresh paint and all new windows. This unit will rent for $1500 a month. Key Investment Highlights: - **Portfolio Price**: $2,000,000 for 20 properties - **Annual Gross Income**: $286,700 - **14% CAP Rate**: Strong return potential in a stable, in-demand location - **Tenant Stability**: Long-term, reliable tenants in place across most properties - **Maintenance & Management**: Well-maintained homes with minimal future 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 7330 William Avenue

Bedrooms

Main Level Bedrooms3
Total Bedrooms3

Bathrooms

Bathrooms Half Main Level0
Half Baths
Total Baths1

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area780
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Below Grade Finished Area0
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
FlooringLuxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Laundry TypeMain Floor
Window FeaturesReplacement

Other Rooms

Room TypeBedroom 2, Bedroom 3, Bedroom 1, Bathroom 1

Room Details for 7330 William Avenue

Bathroom 1

level Main

Bedroom 1

level Main

Bedroom 2

level Main

Bedroom 3

level Main

General for 7330 William Avenue

Acceptable FinancingCash
AccessibilityNone
Architectural StyleModular/Pre-Fabricated
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
Body TypeSingle Wide
CityMILLVILLE
Condo/Coop Association fee Y/NNo
Construction MaterialsFrame
Cool FuelNone
CoolingNone
CountyCUMBERLAND
DirectionsOff of Keron Dr
ExclusionsTenant belongings
Full Baths1
Garage Y/NNo
HOANo
HeatingForced Air
Historic Y/NNo
Home Warranty Y/NNo
Lease Considered Y/NNo
Levels1
Living Area780
Lot Size Square Feet5998.00
Lot Size UnitsSquare Feet
MLS AreaCommercial Twp (20602)
MunicipalityCOMMERCIAL TWP
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG147.44
Property ConditionGood
Property TypeResidential
RoofFlat
School DistrictMILLVILLE AREA
Senior Community Y/NNo
SewerOn Site Septic
Standard StatusActive
StatusACTIVE
Structure TypeMobile Pre 1976
Subdivision NameLAUREL LAKES
Tax Annual Amount676.0
Tax Assessed Value22600.0
Tax Lot01021
Tax Year2024
Total Actual Rent18000.00
Total Rooms4
Total SQFT780
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1975
Year Built SourceAssessor
ZoningVR1

Exterior for 7330 William Avenue

Land Assessed Value10200.00
Land Use Code
Lot Dimensions60.00 x 100.00
Lot Size Acres0.14
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Total Parking Spaces4
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $115,000
MLS#NJCB2021296
List Date 11/09/2024
Property Type Single Family
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