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!
For sale
$300,000
31 S Myrtle St, Vineland, NJ 08360
3beds
2baths
1,396sqft
Duplex
Built in 1890
-- sqft lot
$300,500 Zestimate®
$215/sqft
$-- HOA
What's special
- 80 days
- 389
- 15
Zillow last checked:
Listing updated:
Listed by:
Mike DePalma 609-501-4162,
DePalma Realty
Source: Bright MLS,MLS#: NJCB2031046
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Full,Unfinished,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 1,396
- Total interior livable area: 1,396 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 10,202 Square Feet
- Dimensions: 50.00 x 204.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 140420200017
- Zoning: 02
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Frame
- Foundation: Block
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Vineland
- Municipality: VINELAND CITY
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $116,000
- Annual tax amount: $3,838
- Date on market: 6/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,FHA,VA Loan,Cash
- Inclusions: All Landlord Owned Appliances, Fixed Items, And Utility Systems.
- Exclusions: Tenant Personal Property.
- Ownership: Fee Simple
- Total actual rent: 31440
Estimated market value
$300,500
$285,000 - $316,000
$1,866/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $300,000+33.3%$215/sqft |
Source:  Bright MLS #NJCB2031046 Report a problem | ||
| 9/3/2024 | Sold | $225,000+15.4%$161/sqft |
Source: Bright MLS #NJCB2019740 Report a problem | ||
| 8/13/2024 | Pending sale | $195,000$140/sqft |
Source: Bright MLS #NJCB2019740 Report a problem | ||
| 8/10/2024 | Listed for sale | $195,000+116.7%$140/sqft |
Source: Bright MLS #NJCB2019740 Report a problem | ||
| 5/19/2021 | Sold | $90,000-33.3%$64/sqft |
Source: Public Record Report a problem | ||
| 3/30/2021 | Price change | $135,000-9.4%$97/sqft |
Source: Bright MLS #NJCB131816 Report a problem | ||
| 3/12/2021 | Listed for sale | $149,000+1886.7%$107/sqft |
Source: Bright MLS #NJCB131816 Report a problem | ||
| 9/24/2020 | Listing removed | $925$1/sqft |
Source: SoJay Property Management #NJCB128910 Report a problem | ||
| 9/16/2020 | Listed for rent | $925$1/sqft |
Source: SoJay Property Management #NJCB128910 Report a problem | ||
| 2/27/2020 | Sold | $7,500-92.1%$5/sqft |
Source: Public Record Report a problem | ||
| 11/14/2019 | Listed for sale | $94,500+5%$68/sqft |
Source: Collini Real Estate LLC #NJCB124046 Report a problem | ||
| 10/3/2006 | Sold | $90,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,693 | $116,000 |
| 2024 | $3,693 +0.7% | $116,000 |
| 2023 | $3,669 +3.1% | $116,000 |
| 2022 | $3,560 +1.9% | $116,000 |
| 2021 | $3,495 +2.9% | $116,000 |
| 2020 | $3,395 +4.1% | $116,000 |
| 2019 | $3,261 | $116,000 |
| 2018 | $3,261 +9.1% | $116,000 |
| 2017 | $2,988 +3.8% | $116,000 |
| 2016 | $2,878 +5.8% | $116,000 |
| 2015 | $2,721 +3.3% | $116,000 |
| 2014 | $2,633 +37.8% | $116,000 +152.7% |
| 2012 | $1,911 -0.8% | $45,900 |
| 2011 | $1,927 -2.3% | $45,900 |
| 2010 | $1,972 +0.2% | $45,900 |
| 2009 | $1,968 +4.8% | $45,900 |
| 2008 | $1,877 | $45,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 08360
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