711 Woodland Dr · Millville, NJ 08332

$119,900

4 bd · 3.0 ba · 2,306 sqft · SingleFamily public records · 87 Days on market

Built 1945 0.60 ac lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.2/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back to active due to buyer financing. Investors, flippers, and handymen/women looking for their next money making investment, you found it. Rare side by side rancher duplex with approx. 2,300+ sq ft of living space. Both units feature 2BR, 1BA. Tucked away in a quiet neighborhood on the outskirts of Millville, sitting on a comfortable . 60 acre lot. A true diamond in the rough waiting to be brought back to life and maxed out to it's true CASH COW potential. The back portion of the building has already been gutted out and redone with newer studs, electric, and some rough-in plumbing. You won't find another property with this much potential at this low of a price any time soon! Cash or rehab loan ONLY. Property does not qualify for traditional FHA or conventional financing. Property is being sold strictly AS-IS. Seller and Seller’s Broker make no representations or warranties, express or implied, regarding the condition of the property, systems, structure, zoning, permitted uses, square footage, tax information, or code compliance. All information provided is deemed reliable but not guaranteed. Buyer is responsible for conducting all due diligence, inspections, and independent verification of condition, zoning, permits, and intended use prior to closing. Seller will make no repairs or credits.

Key facts

• Newer electric
• Newer studs
• Quiet neighborhood

Tags

• SIDE BY SIDE RANCHER DUPLEX
• QUIET NEIGHBORHOOD
• COMFORTABLE .60 ACRE LOT
• NEWER STUDS
• NEWER ELECTRIC
• ROUGH-IN PLUMBING

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $772 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $113k (6.0% below list) — sets the bar for market timing.
• Cap rate 14.7% vs local median 4.2% in Millville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 63/100 on livability (#431 in NJ) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety B+; Watch: schools F, crime F, amenities F.
• Millville School District (suburban): math 6% / reading 28% proficiency, ranked #447 of 472 in NJ (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.9%/yr); 296 active listings in the ZIP; 216 units permitted in Cumberland County in 2024 (73 in 5+ unit buildings).
• This rent runs 42% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Cumberland County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $34k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 87 days — a 6% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 28y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $22k; list at $120k implies a 435% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.3% of price; flood insurance adds $66/mo; built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $112,706 (6.0% below list)

Questions for the listing agent

1. It's been on market 87 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.95% ✓
• Cap rate: 14.69%
• Cash-on-cash: 29.98%
• DSCR: 2.33
• GRM: 4.3

CMA / ARV

• ARV (on-the-fly): $341,288
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12 Deborah Dr	0.44mi	3/2.0 (-1)	2,432 (+6%)	6mo	$360,000	$148	56

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.94% rent growth · sell at horizon

5-year hold

• IRR: 20.4%
• Equity multiple: 1.82×
• Total profit: $27,480
• Equity at exit: $17,877

10-year hold

• IRR: 27.8%
• Equity multiple: 3.33×
• Total profit: $78,120
• Equity at exit: $10,367

Cash invested: $33,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 21 Tenant-Leaning
• State New Jersey: 21 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

Methodology + full state rankings →

ZIP-level market 08332

• Home prices YoY: -28.9%
• Rents YoY: 1.9%
• Active inventory: 296
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $2,335 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$328 /mo · $3,930/yr
• Insurance: −$50
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$490
• Net cashflow: $772

Break-even live

Break-even rent $1,358

Max offer price $119,900

Occupancy floor 62%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Listing history 43 events

1. 2026-06-19
   days on market $119,900 Active 87 DOM
2. 2026-06-18
   days on market $119,900 Active 86 DOM
3. 2026-06-17
   days on market $119,900 Active 85 DOM
4. 2026-06-16
   days on market $119,900 Active 84 DOM
5. 2026-06-15
   days on market $119,900 Active 83 DOM
6. 2026-06-14
   days on market $119,900 Active 81 DOM
7. 2026-06-13
   days on market $119,900 Active 80 DOM
8. 2026-06-10
   days on market $119,900 Active 78 DOM
9. 2026-06-09
   days on market $119,900 Active 77 DOM
10. 2026-06-08
    days on market $119,900 Active 76 DOM
11. 2026-06-07
    days on market $119,900 Active 75 DOM
12. 2026-06-02
    days on market $119,900 Active 70 DOM
13. 2026-06-01
    days on market $119,900 Active 69 DOM
14. 2026-05-31
    days on market $119,900 Active 68 DOM
15. 2026-05-30
    days on market $119,900 Active 67 DOM
16. 2026-04-09
    status Active 1320-char remark

    Show marketing remark (1320 chars)

    Back to active due to buyer financing. Investors, flippers, and handymen/women looking for their next money making investment, you found it. Rare side by side rancher duplex with approx. 2,300+ sq ft of living space. Both units feature 2BR, 1BA. Tucked away in a quiet neighborhood on the outskirts of Millville, sitting on a comfortable . 60 acre lot. A true diamond in the rough waiting to be brought back to life and maxed out to it's true CASH COW potential. The back portion of the building has already been gutted out and redone with newer studs, electric, and some rough-in plumbing. You won't find another property with this much potential at this low of a price any time soon! Cash or rehab loan ONLY. Property does not qualify for traditional FHA or conventional financing. Property is being sold strictly AS-IS. Seller and Seller’s Broker make no representations or warranties, express or implied, regarding the condition of the property, systems, structure, zoning, permitted uses, square footage, tax information, or code compliance. All information provided is deemed reliable but not guaranteed. Buyer is responsible for conducting all due diligence, inspections, and independent verification of condition, zoning, permits, and intended use prior to closing. Seller will make no repairs or credits.

17. 2026-03-20
    historical Active Under Contract 1320-char remark

    Show marketing remark (1320 chars)

    Back to active due to buyer financing. Investors, flippers, and handymen/women looking for their next money making investment, you found it. Rare side by side rancher duplex with approx. 2,300+ sq ft of living space. Both units feature 2BR, 1BA. Tucked away in a quiet neighborhood on the outskirts of Millville, sitting on a comfortable . 60 acre lot. A true diamond in the rough waiting to be brought back to life and maxed out to it's true CASH COW potential. The back portion of the building has already been gutted out and redone with newer studs, electric, and some rough-in plumbing. You won't find another property with this much potential at this low of a price any time soon! Cash or rehab loan ONLY. Property does not qualify for traditional FHA or conventional financing. Property is being sold strictly AS-IS. Seller and Seller’s Broker make no representations or warranties, express or implied, regarding the condition of the property, systems, structure, zoning, permitted uses, square footage, tax information, or code compliance. All information provided is deemed reliable but not guaranteed. Buyer is responsible for conducting all due diligence, inspections, and independent verification of condition, zoning, permits, and intended use prior to closing. Seller will make no repairs or credits.

18. 2026-03-04
    listed $125,000 Active 1320-char remark

    Show marketing remark (1320 chars)

    Back to active due to buyer financing. Investors, flippers, and handymen/women looking for their next money making investment, you found it. Rare side by side rancher duplex with approx. 2,300+ sq ft of living space. Both units feature 2BR, 1BA. Tucked away in a quiet neighborhood on the outskirts of Millville, sitting on a comfortable . 60 acre lot. A true diamond in the rough waiting to be brought back to life and maxed out to it's true CASH COW potential. The back portion of the building has already been gutted out and redone with newer studs, electric, and some rough-in plumbing. You won't find another property with this much potential at this low of a price any time soon! Cash or rehab loan ONLY. Property does not qualify for traditional FHA or conventional financing. Property is being sold strictly AS-IS. Seller and Seller’s Broker make no representations or warranties, express or implied, regarding the condition of the property, systems, structure, zoning, permitted uses, square footage, tax information, or code compliance. All information provided is deemed reliable but not guaranteed. Buyer is responsible for conducting all due diligence, inspections, and independent verification of condition, zoning, permits, and intended use prior to closing. Seller will make no repairs or credits.

19. 2022-08-10
    historical
20. 2022-08-04
    historical
21. 2022-02-11
    listed $109,000 Active
22. 2022-02-10
    listed $109,000 Active
23. 2019-03-06
    historical
24. 2019-01-25
    price $7,500
25. 2019-01-22
    price $15,000
26. 2019-01-07
    listed $17,900 Active
27. 2018-12-04
    historical
28. 2018-08-30
    price $19,900
29. 2018-06-04
    listed $24,900 Active
30. 2018-05-27
    historical
31. 2018-02-28
    price $26,000
32. 2017-05-30
    soldstatus $22,430 Sold
33. 2017-05-26
    listed $31,000 Active
34. 2017-05-06
    price $32,100
35. 2017-04-10
    historical Under Contract
36. 2017-03-24
    listed $37,100 Active
37. 2002-08-22
    soldstatus $28,507
38. 2002-07-26
    historical
39. 2002-07-18
    listed $30,000
40. 1999-09-16
    soldstatus $79,500
41. 1999-09-15
    soldstatus $79,500
42. 1999-03-29
    historical
43. 1998-01-20
    listed $78,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NJ · Partial reset (capped growth)

• Current annual tax: $3,930 · $328/mo
• Projected year-2 tax: $3,930 · $328/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,026
• − Mortgage interest: −$6,716
• − Property taxes: −$3,930
• − Insurance: −$1,397
• − Repairs & maintenance: −$2,242
• − Management: −$2,242
• − Depreciation: −$3,488
• Taxable income: $8,010
• Est. tax owed @ 24.0%: −$1,922
• After-tax cash flow: $7,345/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Millville School District
• NCES district ID: 3410320
• Math proficiency: 6% ▼ -11.00%
• Reading proficiency: 28% ▲ 1.00%
• Median HH income: $48,851
• Composite: 15.23/100
• National rank: #9338
• State rank: #447 of 472 in NJ

Livability — Millville

• Score: 63/100
• State rank: #431
• US rank: #15561

Category grades

Amenities F Commute F Cost of living C+ Crime F Employment C+ Housing A+ Health & safety B+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Millville, NJ
• County: Cumberland County · 80,266 people
• City population: 35,228
• Metro: Vineland-Bridgeton, NJ
• Population (ZIP): 35,228
• Household income: $67,496
• Rent vs Own: 32.6% rent · 67.4% own
• Severe rent burden: 1761.0

Population outlook (Cumberland County) Hauer SSP2

• Today (2025): 152,743 people
• By 2030: 150,373 · -1.6%
• By 2040: 146,881 · -3.8%
• By 2050: 142,653 · -6.6%
• By 2075: 129,468 · -15.2%
• By 2100: 107,456 · -29.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 59% Hispanic / Latino 17% Black 15% Two or more races 11% Asian 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 10%
• Common ancestry: Romanian 4% Lithuanian 2% Slovak 1%
• Foreign-born: 7% · Canada
• Languages at home: 85% English-only · Spanish 11% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Cumberland

• 2024 margin: Toss-up / Even · D 47.6% · R 51.3% · Other 1.1%
• 2008→2024 swing: -25.4pp toward R · 2008: 21.6pp · 2024: -3.8pp
• All cycles: 2024: R+3.8 2020: D+6.0 2016: D+5.3 2012: D+23.1 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -111.45%
• Current HPI: 274.8011
• Rent YoY: ▲ 1.94%
• Metro: Vineland-Bridgeton, NJ
• State GDP YoY: ▲ 2.05%
• F500 in state: 34

Industry mix (Fortune 500 HQ in NJ)

Industry	F500 HQs	Revenue
▸Consumer Goods	3	$31B
▸Pharmaceuticals	2	$153B
▸Technology	2	$21B
▸Insurance	2	$20B
▸Healthcare	2	$19B
▸Financial Services	1	$70B

Price history

+59.2% since first listed

28 events — show timeline

• 2026-04-09 Relisted — BRIGHT MLS
• 2026-03-20 Contingent — BRIGHT MLS
• 2026-03-04 Listed $125,000 BRIGHT MLS
• 2022-08-10 Listing Removed — BRIGHT MLS
• 2022-08-04 Listing Removed — SJSRMLS
• 2022-02-11 Listed $109,000 BRIGHT MLS
• 2022-02-10 Listed $109,000 SJSRMLS
• 2019-03-06 Listing Removed — BRIGHT MLS
• 2019-01-25 Price Changed $7,500 BRIGHT MLS
• 2019-01-22 Price Changed $15,000 BRIGHT MLS
• 2019-01-07 Listed $17,900 BRIGHT MLS
• 2018-12-04 Listing Removed — BRIGHT MLS
• 2018-08-30 Price Changed $19,900 BRIGHT MLS
• 2018-06-04 Listed $24,900 BRIGHT MLS
• 2018-05-27 Listing Removed — BRIGHT MLS
• 2018-02-28 Price Changed $26,000 BRIGHT MLS
• 2017-05-30 Sold (MLS) $22,430 SJSRMLS
• 2017-05-26 Listed $31,000 BRIGHT MLS
• 2017-05-06 Price Changed $32,100 SJSRMLS
• 2017-04-10 Contingent — SJSRMLS
• 2017-03-24 Listed $37,100 SJSRMLS
• 2002-08-22 Sold (MLS) $28,507 SJSRMLS
• 2002-07-26 Listing Removed — SJSRMLS
• 2002-07-18 Listed $30,000 SJSRMLS
• 1999-09-16 Sold (Public Records) $79,500 Public Records
• 1999-09-15 Sold (MLS) $79,500 SJSRMLS
• 1999-03-29 Listing Removed — SJSRMLS
• 1998-01-20 Listed $78,500 SJSRMLS

Property tax history

+2.1%/yr

Latest (2025): $3,930 · +3.3% YoY. Source: county tax records.