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Five-Unit Apartment Building
For Sale
Contact for pricing
Pending

224 N 2nd Street, Millville, NJ 08332

Five-unit apartment building offers separate utilities and rear off-street parking.

Property SizeContact for details
Days on Market150

Property Features for 224 N 2nd Street

General Information

Standard status Pending
Property subtype Retail, Multifamily

Additional Details

Multifamily Units 5

Amenities

separate utilities
off street parking

Building Details

Tenancy Multi
Listing Agency: RE/MAX ONE Realty-Moorestown
Listed By: Marc Petitt · License #NJ L9591545
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Sep 7 at 8:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ONE Realty-Moorestown

Investment Insights

Based on property information with market context.

This five-unit apartment building includes four 1-bedroom units and one 2-bedroom apartment, with separate utilities. The property has a rear parking area with off-street spaces. Unit conditions vary, with some units renovated and others needing finishing touches for completion.

The building is centrally located near stores, shops, and restaurants, offering convenient day-to-day access to local services. The property is described as easy to show.

Overall, it presents a straightforward small multifamily configuration with mixed interior completion status, suitable for buyers seeking to manage a value-add approach through completion and finishing.

Key Highlights

  • Five‑unit apartment building with separate utilities
  • Unit mix: four 1‑bedroom units and one 2‑bedroom apartment
  • Off‑street parking available in the rear of the building

Property Analytics

Current Use

Glasstown Residence @ River ... Vacation Rental

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Bakery (Bike/Boat/Book/etc) Store Catering Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

Demographics for 08332, NJ

35,396
Population
15,063
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
104.5 sq mi
ZIP Area
339
Density / Sq Mi
$65,825
Median Household Income
$39,595
Median Earnings
$1,223
Median Rent
$195,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building offers separate utilities and rear off-street parking.
Where is this apartment building located?
The property is located at 224 N 2nd Street Millville, NJ.
What are key features of this property?
This property features: Five‑unit apartment building with separate utilities; Unit mix: four 1‑bedroom units and one 2‑bedroom apartment; Off‑street parking available in the rear of the building
More about this property
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