7150 Samuel Drive

Millville, NJ 08332

$115,000
Price
2
Beds
932 Sq. Ft.
$123 / Sq. Ft.
932
Sq. Ft.
$123
per Sq. Ft.

Description

**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 **7150 Samuel De**, offering
...**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 **7150 Samuel De**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for the last year, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, with a primary bedroom featuring an attached bath and walk in closet, the second bedroom is on the other end of the home close to the second full bath, all nestled on a beautifully landscaped lot with mature trees and two to three off-street parking spaces. Fully renovated in 2023 with new flooring, some windows, kitchen and baths.

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.

Listing Agent

Property Details for 7150 Samuel Drive

Tax ID Number
02-00156-00638
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Mobile Pre 1976
Style
Modular/Pre-Fabricated
Levels/Stories
1
Waterfront
No
LISTING UPDATED: 01/09/2025 03:20 AM

Property Details for 7150 Samuel Drive

StatusActive
MLS #NJCB2021290
Days on Market118
Taxes$670 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1970
Lot Size0.00 AC / 0 SF
CountyCumberland County NJ

Building Information for 7150 Samuel Drive

Stories1Year Built1970Building Size-Lot Size0.00 AC / 0 SF

Property Information for 7150 Samuel Drive

Location
Location
  • School District Name: MILLVILLE AREA
  • School District County ID: 121147425059
  • SchoolDistrictSource: Listing Agent
  • County: CUMBERLAND
  • MLS Area: Commercial Twp (20602)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $22,400
  • Year Assessed: 2024
  • Improvement Assessed Value: $12,700
  • Land Assessed Value: $9,700
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: VR1
  • Tax Lot: 00638
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 932.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 49.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 3107529
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 3
Interior Features
Interior Features
  • Interior Features: Combination Dining/Living, Floor Plan - Open, Primary Bath(s), Walk-in Closet(s)
  • Fireplace: No
  • Accessibility Features: None
  • Window Features: Vinyl Clad
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors
  • List Agent URL: www.jensellssj.com

Property History for 7150 Samuel Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7150 Samuel Drive

Taxable ValueLand$9,700Additions$12,700Total$22,400
Tax Record2023$663 ($55 / month)
Home Facts
Beds0Total Finished SqFt932 SqFtAbove Grade Finished SqFt932 SqFtStories1Lot Size5,194 SqFtStyleSingle Family ResidenceYear Built1970ZoningVR1CountyCUMBERLANDAPN02 00156-0000-00638

Schools near 7150 Samuel Drive

This home is within Commercial Township School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Rating
School
Distance
Commerical Township School
PublicPK to 8

Port Norris Elementary School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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7150 Samuel Drive is a single family home for sale in Millville, NJ 08332. This property was listed for sale on November 9, 2024 by Compass, it's currently listed at $115,000. This listing's school district is Commercial Township School District. Nearby schools include Commerical Township School and Port Norris Elementary School. 7150 Samuel Drive is a 2-bed, 2-bath, 932 sqft single family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.