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Marjorie Dick Stuart

  • Cell 240-731-8079
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123 W Foundry St, MILLVILLE, NJ – $125,000

  • 3 Beds
  • 1 Bath
  • 1,128 Sqft
  • .07 Acres
  • 3 Beds
  • 1 Bath
  • 1,128 Sqft
  • .07 Acres

123 W Foundry St

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!

Essential Information

  • MLS® #NJCB2024582
  • Price$125,000
  • Bedrooms3
  • Bathrooms1.00
  • Full Baths1
  • Square Footage1,128
  • Acres0.07
  • Year Built1912
  • TypeResidential
  • Sub-TypeTwin/Semi-Detached
  • StyleColonial
  • StatusActive

Community Information

  • Address123 W Foundry St
  • AreaMillville City (20610)
  • SubdivisionNONE AVAILABLE.
  • CityMILLVILLE
  • CountyCUMBERLAND-NJ
  • StateNJ
  • MunicipalityMILLVILLE CITY
  • Zip Code08332

Interior

  • HeatingForced Air
  • CoolingNone
  • Has BasementYes
  • BasementFull, Unfinished
  • # of Stories2
  • Stories2 Story

Exterior

  • ExteriorFrame
  • FoundationStone

School Information

  • DistrictMILLVILLE BOARD OF EDUCATION

Additional Information

  • Date ListedJune 5th, 2025
  • Days on Market22
  • ZoningRES

Listing Details

  • OfficeDePalma Realty
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Price Change History for 123 W Foundry St, MILLVILLE, NJ (MLS® #NJCB2024582)

Date Details Price Change
Price Reduced (from $135,000) $125,000 $10,000 (7.41%)

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Listing information last updated on June 26th, 2025 at 3:46pm CDT.