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31 S MYRTLE STREETVINELAND, NJ 08360

Multi-Family · 1,396 Sq. ft. | 0.23 Acres
$300,000 ACTIVE

31 S MYRTLE STREET Overview

Time on Site:
17 days
Visits:
0

TURNKEY CASHFLOWING DUPLEX! This well-kept duplex has 2 bedrooms, 1 bathroom upstairs and 1 bedrooms, 1 bathroom downstairs. Both units are under lease agreements. The 1 bedroom rent roll is $1,295.00 per month, and the 2 bedroom rent roll is $1,325.00 per month. An investor will enjoy gross income of $31,440.00 annually, making this a very strong investment in a great location within a great rental market overall. The current tenants keep the units clean and tidy, and are on long term annual leases that runs through the February 2027 and into August 2027. Both units have their own electric and gas meters for easy utility management. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Take a look today!

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31 S MYRTLE STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,396
  • Price/Sq.ft. $215
  • Lot 0.23 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1396
  • Year Built: 1890

Location/Region

  • Country: US
  • County: CUMBERLAND
  • County Or Parish: CUMBERLAND
  • MLS Area Major: Vineland City (20614)

Parking Information

  • Type of Parking: Driveway

Tax Information

  • Tax Annual Amount: $3,838.00
  • Tax Assessed Value: 116000.00
  • Tax Year: 2025

General Information

  • Exclusions: Tenant personal property.
  • Inclusions: All landlord owned appliances, fixed items, and utility systems.
  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • School District Name: CITY OF VINELAND BOARD OF EDUCATION
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: 02

Unit Information

  • Other Units: Unit 1,Unit 2

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 1396
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Window Unit(s)
  • Fireplace: No
  • Foundation Details: Block
  • Living Area: 1396
  • Living Area Source: Assessor
  • Stories Total: 2

Unit Information

  • One Bedroom Units Count: 1
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 1

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.23
  • Lot Size Dimensions: 50.00 x 204.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10202.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Frame

General Information

  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Of Units Vacant: 1
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Total Rent: 1295.00
  • Beds Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Total Rent: 1325.00
  • Beds Total: 2

31 S MYRTLE STREET Neighborhood

Community

08360 (VINELAND) Demographics

36
Median Age
976
Population Density (per sq. mile)
21%
College Educated
$52,826
Estimated Median Income
9,324
Estimated Total Home Owners
5,742
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

31 S MYRTLE STREET Monthly Cost

$
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%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

31 S MYRTLE STREET Market Data

Based on the last 30 days in this zip code

$329,829
Average List Price
$204
Average Price per Square Foot
13
Properties Sold
103
Average Days on Market
106
Properties for Sale
Calculations provided by Reliance Network

31 S MYRTLE STREET History

Date Event Value Agent
6/12/2026Source: BRIGHT MLS Added to Database
June 12, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Status Change
PENDING
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2024
Listing provided courtesy of DePalma Realty- MLS# NJCB2031046MLS ProviderContact Information: 8568255500