About 24 Cedar St
*** Investor Alert! Strong cap rate and annual return opportunity here. This two-unit duplex features two bedrooms and one bathroom in each unit, with tenants already in place and generating solid rental income. The property is producing an annual NOI of approximately $28,373, making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing duplex is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a convenient area near local parks, dams, bridges, eateries, and entertainment, this duplex offers both investment appeal and neighborhood amenities. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!
Features of 24 Cedar St
| MLS® # | NJCB2031488 |
|---|---|
| Price | $225,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,778 |
| Acres | 0.13 |
| Year Built | 1887 |
| Type | Multi-Family |
| Sub-Type | Duplex,Detached |
| Style | Federal |
| Status | Pending |
Community Information
| Address | 24 Cedar St |
|---|---|
| Area | Millville City |
| Subdivision | NONE |
| City | MILLVILLE |
| County | CUMBERLAND-NJ |
| State | NJ |
| Municipality | MILLVILLE CITY |
| Zip Code | 08332 |
Amenities
| Parking | Dirt Driveway, Crushed Stone, Fenced |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Baseboard - Hot Water, Radiator |
|---|---|
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Has Basement | Yes |
| Basement | Full |
| Fireplace | No |
Exterior
| Exterior | Frame |
|---|---|
| Exterior Features | Exterior Lighting,Flood Lights,Play Area,Sidewalks,Street Lights |
| Roof | Architectural Shingle |
| Construction | Frame |
| Foundation | Block, Concrete Perimeter, Crawl Space |
School Information
| District | MILLVILLE AREA |
|---|---|
| Elementary | SILVER RUN E.S. |
| Middle | LAKESIDE M.S. |
| High | MILLVILLE SENIOR H.S. |
Additional Information
| Date Listed | July 3rd, 2026 |
|---|---|
| Days on Market | 31 |
| Zoning | R2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Ownership | Fee Simple |
Listing Details
| Office | Keller Williams - Main Street |
|---|