Excellent potential
Ideal for owner occupier or investor
The property is in an attractive location in Millville New Jersey in Commercial Township school district.
Lot size: 0.2775 (12,080 sq ft)
On the property there is a 924 sq ft Single Family Manufactured Home that was built in 1980 and has:
A sketch of the internal layout is shown with the pictures.
Median sales price in Millville NJ: $120,000 (trulia.com)
The house needs repairs and updating but offers tremendous potential. The Furnace and hot water cylinder are missing, there is some damage to the drywall in the living area and to plumbing and electrics, otherwise the property mainly needs some minor repairs and repainting.
Great location:
The property is located in the Laurel Lake area of Millville New Jersey in Commercial Township school district on a secluded quite tree lined street but within short driving distance of excellent local facilities, entertainment and amenities in Millville.
Restaurants
The Finish Line Pub (1.5mi), Larry's Bar & Restaurant (2.3mi), Verna's Flight Line Restaurant (2.7mi), Fresh Start Soul Grill (2.8mi), Peking & Tokyo (3.4mi), Luigi's Pizzeria & Restaurant (3.4mi), Jim's Lunch (3.4mi), 4 Season Pizza & Restaurant (3.4mi), Bim's Pizzeria (3.4mi), Andrea Trattoria Italiana (3.4mi), Shannon's Sub Shop II (3.4mi), Grassi Bistro (3.4mi), Neighborhood Deli (3.4mi), Winfield's Restaurant (3.4mi), El Guacamole (3.5mi), Mulford's Seafood & Chicken (3.5mi), Old Oar House Irish Pub (3.5mi), Runaway Chefs (3.5mi), Best Food In Town (3.5mi), Pilar Caribbean Restaurant (3.5mi), Bojo's Ale House (3.6mi), B J Roasters (3.6mi), China Wok (3.6mi), Sidelines Sports Bar (3.7mi), Bruni's.Burgers (3.7mi), Great Wall Chinese Restaurant (3.7mi), An Octopus's Garden (3.8mi), Wildflower earthly vegan fare (3.8mi), Nina's Chicken Place (3.8mi), Millville Queen Diner (3.8mi), S & J Pizzeria (3.8mi), Millville Food Market (3.9mi), Jack's Take-Out (3.9mi), Mr Shao's Chinese Restaurant (3.9mi), Little Caesars Pizza (3.9mi), W. Wings (3.9mi), Our Mom's Kitchen (3.9mi), Lynn's Hometown Deli & Takeout (4.1mi), McDonald's (4.2mi), Wendy's (4.3mi), Chow's Garden Restaurant (4.3mi), Subway (4.5mi), Danny's Pizza Pizzazz (4.6mi), Chow's Express (4.6mi), Top Dog Pizza and Burgers (4.7mi), Burger King (4.7mi), Diner 47 (4.8mi), KFC (5mi),
Coffee
Kaffe Magnum Opus (2.8mi), Bogarts (3.3mi), Dunkin' Donuts (3.4mi), Bogart's Bookstore and Café (3.4mi), Megabyte Café (3.5mi), Shannon's Coffee Shack (3.8mi), Dunkin' Donuts (3.8mi), 7-Eleven (4.1mi),
Bars
Jenny's Place (1.4mi), Glass Town Brewing Company (2.6mi), Railroad Tavern (3.1mi), VIP Mobile Disco Jockeys (3.6mi),
Groceries
Lions Head Market (1.4mi), One Stop Food Market (2.8mi), Millville Farmers Market (3.4mi), La Baratera (3.5mi), Camp Kenneth W (3.9mi), Save-A-Lot (3.9mi), St James - Zelphy's / Food Pantry (4mi), Alpha and Omega Food Marke (4mi), Main Street Supermarket Corporation (4.3mi), ATM (Wawa Food Market) (4.3mi),
Parks
Edward G Bevan Fish and Wildlife Management Area (2.5mi), Menantico Ponds Fish and Wildlife Management Area (2.5mi), Waltman Park (3.5mi),
Schools
Silver Run School (2.2mi), Maurice River Township School (2.9mi), Bacon Elementary School (3mi), Rieck Ave Elementary School (3.6mi), Holly Heights Elementary School (3.7mi), Millville Senior High School (3.7mi), Mount Pleasant Elementary School (3.8mi), Memorial High School (3.9mi), R D Wood Elementary School (3.9mi), Lakeside Middle School (4.9mi),
Shopping
Cotton Tail Worm Farm (3.2mi), Dough Stops Here (3.4mi), Wawa Food Market (3.4mi), Amanda's Ladies Apparel-Accessories (3.4mi), Guilty Pleasures (3.5mi), Bogart's Books & Coffee (3.5mi), Wawa Food Market (3.7mi), Jimmys Tailor Shop and Formal Wear (3.7mi), Mr. Ritt's Gluten Free Bakery (3.7mi), Little Luxuries Boutique (3.8mi), Kenney & Baer Imprints (3.8mi), Family Dollar #8000 (3.9mi), Flashy Life Style Clothing (4.2mi), Innocent Bystander (4.4mi), Mandee Shops (4.7mi),
Errands
CheedInc (2.7mi), Intex Millwork Solutions LLC (2.9mi), Thunderbolt Area Federal Credit Union (3mi), Luhrs Sportfish (3.2mi), John Pangburn Fence Co (3.4mi), Howell Hardware (3.4mi), Rite Aid Pharmacy (3.5mi), Sun National Bank (3.6mi), Peter Lumber Co (3.7mi), Bay Atlantic Fcu (3.8mi), Allan S. Lipitz, RPh (3.8mi), Lisa M. Eckert, RPh (4.1mi), Sun National Bank (4.2mi)
Downtown Millville NJ: 6.6 miles
Millville executive Airport: 6.0 miles
Vineland NJ: 13.3 miles
Atlantic City International Airport: 34.5 miles
Nearest larger cities:
Atlantic City NJ: 43 miles
Philadelphia PA: 52 miles
Wilmington DE : 52 miles
Demographics: 1 mile 5 miles
Total population: 3,883 17,690
% white alone 82.82% 74.03%
% Black or African American alone 4.38% 14.83%
2015 % Occupied units: 87% 93%
Average Household income: $65,902 $65,903
THIS IS A UNIQUE OPPORTUNITY FOR THE SAVVY HOME OWNER OR INVESTOR TO OWN A POTENTIALLY HIGH INCOME PROPERTY AT A DISCOUNTED PRICE IN A GREAT LOCATION.
Great investment opportunity:
Median sales price in Millville NJ: $120,000 (trulia.com)
Comparables:
Similar rehabbed manufactured homes in Millville
7118 Gum Ct Millville, NJ 08332- 3 Bed, 1 bath - $112,000
11 Willow Dr Millville, NJ 08332- 3 Bed , 2 bth- $109,000
1777 Lakeshore Dr, Millville, NJ 08332- 3 Bed, 2 bth - $132,900
25 Sandy Ln Millville, NJ 08332- 3 Bed, 1 bth - $130,000
Excellent income potential:
Average rent for similar houses in this area is: $1,150 /month
(ref: rentometer.com)
Real Estate Taxes:
Cumberland County, NJ- Block: 125 Lot: 9236
Yearly tax: $1,990. Back Taxes: $6,390.
PROPERTY IS SOLD AS IS, WHERE IS-
Property is sold on a Quit Claim Deed with buyer assuming real estate taxes and tax redemptions and any liens and encumbrances.
Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer. Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.
10% non-refundable deposit, auction premium and $500 deed preparation and doc fee are due within 48 hours of auction close.
Final Payment to be made within 1 week of the Auction close.
All bidders to do their due diligence. Sold on a Quit Claim Deed with buyer assuming real estate taxes and tax redemptions and any liens and encumbrances. All Buyers are bound by the auction terms and Purchase Agreement attached to the auction under Due Diligence. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.
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