$255,000
●
House -
Off Market
568 RAMAH RD
MILLVILLE, NJ 08332
3 Beds
1 Bath
1,104 Ft²
$1,174
Est. Monthly
About This Property
HUGE DETACHED GARAGE!! Come and take a look at this gem for
an unbeatable price. Listed at 239k This 3 bed 1 bath home
sits on just about 1.5 acres and offers a ton of privacy.
The home itself is freshly painted and ready to move in.
The detached building has a HUGE exterior sliding door
to allow for multiple vehicles or equipment to be worked on.
If working on cars isn't your thing, the building would
make an unbelievable wood working shop OR a man/woman cave for
entertaining. The electrical system has been upgraded with a
generac transfer switch to be able to hook up a generac generator.
Gas is available at the street to be able to convert
appliances. There are 4 sheds on the property that are not
included in the sale. The seller is keeping 2 of them and
open to offers on the other two. For the money, this is a steal of
a deal. Come and take a look.
Unit Size
1,104 Ft²
Days on Market
46 days
Land Size
1.50 acres
Price per sqft
$216
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1974
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (Bright MLS #NJCB2021046)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed by Real Broker, LLC | $239,000 | |
| Listed by Real Broker, LLC | |||
| Apr 17, 2017 | Sold | ||
| Sold | |||
| Jan 14, 2017 | Listed by Exit Homestead Realty Professi | $55,000 | |
| Listed by Exit Homestead Realty Professi | |||
| | |||
|
Nestled on 1.5 acres in Lawrence Township. Single level living with this 3 BR rancher over 1100 sq. ft, Open kitchen, sliding doors that lead to a back deck, Detached spacious two car garage. Country setting. Uses a septic system, well, and propane. Any required system repairs will be the buyer's expense. Repairs: Replace damaged window. LBP, property built in 1974. IE - HUD Home. Sold "AS IS" by elec. bid only. Prop avail 2-1-17. Bids due by 01-23-2017 11:59 PM Central Time then daily until sold. FHA Case #351-475616. Insured w Escrow Rpr. Eligible for FHA 203K. For Prop conditions, Forms, Discl & Avail please visit HUDHomestore com. For additional forms, updates, step-by-step videos & free photo list, please visit BLBResources com. BLB Resources makes no warranty as to condition of property. Buyer to verify all info. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to FloodSmart gov for additional information regarding flood zones and insurance. See attached MLS addendum
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cumberland
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Listed by: Joseph Lam
Real Broker, LLC
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJCB2021046
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Real Broker, LLC
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# NJCB2021046
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