250 Jute Rd, MILLVILLE

$75,000

2 Beds
1 Baths
460 Sqft
.09 Acres
0 Garages

**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 **250 Jute Rd**, 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**, 2 spacious bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces.

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.

Essential Information
MLS® #NJCB2021228
Price$75,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage460
Acres0.09
Year Built1970
TypeResidential
Sub-TypeMobile Pre 1976
StylePre-Fabricated, Single Wide
StatusActive
Community Information
Address250 Jute Rd
AreaCommercial Twp (20602)
SubdivisionLAUREL LAKES
CityMILLVILLE
CountyCUMBERLAND-NJ
StateNJ
MunicipalityCOMMERCIAL TWP
Zip Code08332
Interior
HeatingForced Air
CoolingWindow Unit(s)
# of Stories1
Stories1 Story
Exterior
ExteriorFrame
RoofFlat
School Information
DistrictMILLVILLE AREA
Additional Information
ZoningVR2
Listing Details
Office Contact(856) 214-2639
Office

Compass New Jersey, LLC - Moorestown

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Listing information last updated on May 18th, 2025 at 11:15pm EDT.

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