211 W Foundry St · Millville, NJ 08332

$160,000

3 bd · 1.0 ba · 1,064 sqft · SingleFamily public records · 80 Days on market

Built 1900 2,200 sqft lot Est $182k · 12% under

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Why this score? — see what drove the C+ 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 +23.4/30.0
• ARV discount +12.9/15.0
• DSCR +7.5/10.0
• 1% rule +6.0/10.0
• 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

Welcome to 211 W Foundry St in Millville, a well-maintained twin home offering 1,064 square feet of comfortable living space. This property features a functional layout with a bright living area, an updated kitchen, and efficient use of space throughout. The home includes 3 bedrooms and 1 full bathroom, providing a practical and well-balanced setup. Central air conditioning adds year-round comfort, and recent updates make the home move-in ready. With its combination of updates, size, and price point, this property presents an affordable opportunity in today’s market. Various New Jersey homebuyer assistance programs, including options offering up to $10,000 in down payment assistance for qualified buyers, may be available to help reduce costs and in some cases provide buyers with a chance to buy a home with no money at closing. Schedule your showing to experience everything 211 W Foundry St has to offer.

Key facts

• Built 1900
• Listed 80 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $296 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $150k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.5% 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: crime F, amenities F, commute 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.
• Zoned schools: Lakeside Middle School (math 5% / reading 31%, grade F, #405 of 431 statewide, top 95%, 987 students, 70% FRL); Millville Senior High School (math 24% / reading 24%, grade F, #327 of 399 statewide, top 82%, 1,640 students, 68% FRL).
• Market conditions: Rents rising (+1.9%/yr); 297 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 216 units permitted in Cumberland County in 2024 (73 in 5+ unit buildings).
• This rent runs 31% 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 $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• It's been on market 80 days — a 6% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 27y ago; this cycle's ask has dropped $25k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $75k; list at $160k implies a 113% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 75% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,400 (6.0% below list)

Questions for the listing agent

1. It's been on market 80 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 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.10% ✓
• Cap rate: 8.51%
• Cash-on-cash: 7.92%
• DSCR: 1.35
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $181,944
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
910 Church St	0.10mi	3/1.0	1,080 (+2%)	14mo	$165,000	$153	81
17 W Foundry St W	0.18mi	3/1.0	1,116 (+5%)	7mo	$173,999	$156	78
19 W Mcneal St W	0.15mi	3/1.0	1,182 (+11%)	8mo	$235,000	$199	68
616 N 4th St	0.56mi	3/1.0	1,070 (+1%)	11mo	$130,000	$121	64
544 Columbia Ave	0.32mi	2/2.0 (-1)	1,110 (+4%)	8mo	$185,900	$167	62
320 Howard St	0.68mi	2/1.0 (-1)	1,080 (+2%)	10mo	$146,500	$136	52
404 Maurice St	0.56mi	2/1.0 (-1)	936 (-12%)	1mo	$196,500	$210	48
343 Maurice St	0.57mi	3/1.0	1,180 (+11%)	10mo	$265,000	$225	47
606 F St	0.73mi	3/1.0	1,001 (-6%)	13mo	$250,000	$250	45
10 N Park Ave	0.60mi	2/1.5 (-1)	1,172 (+10%)	8mo	$199,900	$171	42
221 Howard St	0.72mi	2/2.0 (-1)	1,170 (+10%)	11mo	$238,000	$203	32
316 E Vine St	0.63mi	2/1.5 (-1)	1,192 (+12%)	14mo	$95,000	$80	32

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: -5.4%
• Equity multiple: 0.80×
• Total profit: $-8,947
• Equity at exit: $23,857

10-year hold

• IRR: 2.9%
• Equity multiple: 1.20×
• Total profit: $9,048
• Equity at exit: $13,834

Cash invested: $44,800 (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: 297
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,767 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$195 /mo · $2,340/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $296

Break-even live

Break-even rent $1,393

Max offer price $160,000

Occupancy floor 78%

Sensitivity live

Price	-10% $386	-5% $341	+0% $296	+5% $250	+10% $205
Rent	-10% $156	-5% $226	+0% $296	+5% $365	+10% $435
Rate	-1.0pp $376	-0.5pp $336	base $296	+0.5pp $254	+1.0pp $212

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
313 W Main St Millville, NJ	3.0	1.5	1265	$1,650	$1.30	45d	1	0.64mi
112 W Main St Unit B Millville, NJ	3.0	1.0	1384	$1,500	$1.08	45d	1	0.66mi

Listing history 50 events

1. 2026-06-22
   days on market $160,000 Active 80 DOM
2. 2026-06-19
   days on market $160,000 Active 78 DOM
3. 2026-06-18
   days on market $160,000 Active 77 DOM
4. 2026-06-17
   days on market $160,000 Active 76 DOM
5. 2026-06-16
   days on market $160,000 Active 75 DOM
6. 2026-06-15
   days on market $160,000 Active 74 DOM
7. 2026-06-14
   days on market $160,000 Active 72 DOM
8. 2026-06-13
   days on market $160,000 Active 71 DOM
9. 2026-06-10
   days on market $160,000 Active 69 DOM
10. 2026-06-09
    days on market $160,000 Active 68 DOM
11. 2026-06-08
    days on market $160,000 Active 67 DOM
12. 2026-06-07
    days on market $160,000 Active 66 DOM
13. 2026-06-02
    days on market $160,000 Active 61 DOM
14. 2026-06-01
    days on market $160,000 Active 60 DOM
15. 2026-05-31
    days on market $160,000 Active 59 DOM
16. 2026-05-30
    days on market $160,000 Active 58 DOM
17. 2026-05-14
    price $169,900 922-char remark

    Show marketing remark (922 chars)

    Welcome to 211 W Foundry St in Millville, a well-maintained twin home offering 1,064 square feet of comfortable living space. This property features a functional layout with a bright living area, an updated kitchen, and efficient use of space throughout. The home includes 3 bedrooms and 1 full bathroom, providing a practical and well-balanced setup. Central air conditioning adds year-round comfort, and recent updates make the home move-in ready. With its combination of updates, size, and price point, this property presents an affordable opportunity in today’s market. Various New Jersey homebuyer assistance programs, including options offering up to $10,000 in down payment assistance for qualified buyers, may be available to help reduce costs and in some cases provide buyers with a chance to buy a home with no money at closing. Schedule your showing to experience everything 211 W Foundry St has to offer.

18. 2026-04-22
    price $175,000 922-char remark

    Show marketing remark (922 chars)

    Welcome to 211 W Foundry St in Millville, a well-maintained twin home offering 1,064 square feet of comfortable living space. This property features a functional layout with a bright living area, an updated kitchen, and efficient use of space throughout. The home includes 3 bedrooms and 1 full bathroom, providing a practical and well-balanced setup. Central air conditioning adds year-round comfort, and recent updates make the home move-in ready. With its combination of updates, size, and price point, this property presents an affordable opportunity in today’s market. Various New Jersey homebuyer assistance programs, including options offering up to $10,000 in down payment assistance for qualified buyers, may be available to help reduce costs and in some cases provide buyers with a chance to buy a home with no money at closing. Schedule your showing to experience everything 211 W Foundry St has to offer.

19. 2026-04-16
    price $180,000 922-char remark

    Show marketing remark (922 chars)

    Welcome to 211 W Foundry St in Millville, a well-maintained twin home offering 1,064 square feet of comfortable living space. This property features a functional layout with a bright living area, an updated kitchen, and efficient use of space throughout. The home includes 3 bedrooms and 1 full bathroom, providing a practical and well-balanced setup. Central air conditioning adds year-round comfort, and recent updates make the home move-in ready. With its combination of updates, size, and price point, this property presents an affordable opportunity in today’s market. Various New Jersey homebuyer assistance programs, including options offering up to $10,000 in down payment assistance for qualified buyers, may be available to help reduce costs and in some cases provide buyers with a chance to buy a home with no money at closing. Schedule your showing to experience everything 211 W Foundry St has to offer.

20. 2026-04-05
    historical $1,500
21. 2026-04-02
    listed $185,000 Active 922-char remark

    Show marketing remark (922 chars)

    Welcome to 211 W Foundry St in Millville, a well-maintained twin home offering 1,064 square feet of comfortable living space. This property features a functional layout with a bright living area, an updated kitchen, and efficient use of space throughout. The home includes 3 bedrooms and 1 full bathroom, providing a practical and well-balanced setup. Central air conditioning adds year-round comfort, and recent updates make the home move-in ready. With its combination of updates, size, and price point, this property presents an affordable opportunity in today’s market. Various New Jersey homebuyer assistance programs, including options offering up to $10,000 in down payment assistance for qualified buyers, may be available to help reduce costs and in some cases provide buyers with a chance to buy a home with no money at closing. Schedule your showing to experience everything 211 W Foundry St has to offer.

22. 2026-03-03
    price $1,500
23. 2026-02-17
    price $1,550
24. 2026-01-31
    price $1,600
25. 2026-01-08
    price $1,700
26. 2025-12-04
    listed $1,800
27. 2024-03-14
    historical $1,800
28. 2024-01-30
    listed $1,800
29. 2023-06-28
    soldstatus $75,000
30. 2016-07-29
    soldstatus $9,000 Sold 170-char remark

    Show marketing remark (170 chars)

    FIX UP AND SAVE! Selling AS IS. Two bedrooms upstairs, living room, dining room, kitchen, bathroom and laundry room on second floor. Partial basement. Back yard parking.

31. 2016-07-29
    soldstatus $9,000

    Show marketing remark (170 chars)

    FIX UP AND SAVE! Selling AS IS. Two bedrooms upstairs, living room, dining room, kitchen, bathroom and laundry room on second floor. Partial basement. Back yard parking.

32. 2016-07-29
    soldstatus $9,000 Sold

    Show marketing remark (170 chars)

    FIX UP AND SAVE! Selling AS IS. Two bedrooms upstairs, living room, dining room, kitchen, bathroom and laundry room on second floor. Partial basement. Back yard parking.

33. 2016-07-12
    status Under Contract 170-char remark

    Show marketing remark (170 chars)

    FIX UP AND SAVE! Selling AS IS. Two bedrooms upstairs, living room, dining room, kitchen, bathroom and laundry room on second floor. Partial basement. Back yard parking.

34. 2016-07-12
    historical Under Contract

    Show marketing remark (170 chars)

    FIX UP AND SAVE! Selling AS IS. Two bedrooms upstairs, living room, dining room, kitchen, bathroom and laundry room on second floor. Partial basement. Back yard parking.

35. 2016-06-10
    price $10,000
36. 2016-05-27
    price $13,500
37. 2016-05-26
    price $13,500 170-char remark

    Show marketing remark (170 chars)

    FIX UP AND SAVE! Selling AS IS. Two bedrooms upstairs, living room, dining room, kitchen, bathroom and laundry room on second floor. Partial basement. Back yard parking.

38. 2016-02-18
    price $15,000

    Show marketing remark (170 chars)

    FIX UP AND SAVE! Selling AS IS. Two bedrooms upstairs, living room, dining room, kitchen, bathroom and laundry room on second floor. Partial basement. Back yard parking.

39. 2016-02-18
    listed $15,000 Active 170-char remark

    Show marketing remark (170 chars)

    FIX UP AND SAVE! Selling AS IS. Two bedrooms upstairs, living room, dining room, kitchen, bathroom and laundry room on second floor. Partial basement. Back yard parking.

40. 2016-02-15
    listed $13,500
41. 2015-12-31
    historical
42. 2015-11-13
    price $20,000
43. 2015-05-21
    price $24,900
44. 2015-04-30
    listed $29,000 Active
45. 2015-04-29
    listed $20,000
46. 2005-11-21
    soldstatus $46,900
47. 2005-10-27
    historical
48. 2005-08-30
    listed $46,900
49. 2004-04-12
    soldstatus $39,000
50. 2004-03-15
    historical

ⓘ 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: $2,340 · $195/mo
• Projected year-2 tax: $3,162 · $264/mo
• Expected delta: +$822/yr (+$68/mo · 35.1%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 75% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,209
• − Mortgage interest: −$8,962
• − Property taxes: −$2,340
• − Insurance: −$800
• − Repairs & maintenance: −$1,697
• − Management: −$1,697
• − Depreciation: −$4,655
• Taxable income: $1,058
• Est. tax owed @ 24.0%: −$254
• After-tax cash flow: $3,292/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
• 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

+115.1% since first listed

42 events — show timeline

• 2026-05-14 Price Changed $169,900 BRIGHT MLS
• 2026-04-22 Price Changed $175,000 BRIGHT MLS
• 2026-04-16 Price Changed $180,000 BRIGHT MLS
• 2026-04-05 Rental Removed $1,500 APPFOLIO
• 2026-04-02 Listed $185,000 BRIGHT MLS
• 2026-03-03 Price Changed $1,500 APPFOLIO
• 2026-02-17 Price Changed $1,550 APPFOLIO
• 2026-01-31 Price Changed $1,600 APPFOLIO
• 2026-01-08 Price Changed $1,700 APPFOLIO
• 2025-12-04 Listed for Rent $1,800 APPFOLIO
• 2024-03-14 Rental Removed $1,800 APPFOLIO
• 2024-01-30 Listed for Rent $1,800 APPFOLIO
• 2023-06-28 Sold (Public Records) $75,000 Public Records
• 2016-07-29 Sold (MLS) $9,000 SJSRMLS
• 2016-07-29 Sold (MLS) $9,000 BRIGHT MLS
• 2016-07-29 Sold (MLS) $9,000 TREND
• 2016-07-12 Pending — TREND
• 2016-07-12 Contingent — SJSRMLS
• 2016-06-10 Price Changed $10,000 SJSRMLS
• 2016-05-27 Price Changed $13,500 SJSRMLS
• 2016-05-26 Price Changed $13,500 TREND
• 2016-02-18 Price Changed $15,000 SJSRMLS
• 2016-02-18 Listed $15,000 TREND
• 2016-02-15 Listed $13,500 BRIGHT MLS
• 2015-12-31 Listing Removed — BRIGHT MLS
• 2015-11-13 Price Changed $20,000 SJSRMLS
• 2015-05-21 Price Changed $24,900 SJSRMLS
• 2015-04-30 Listed $29,000 SJSRMLS
• 2015-04-29 Listed $20,000 BRIGHT MLS
• 2005-11-21 Sold (MLS) $46,900 SJSRMLS
• 2005-10-27 Listing Removed — SJSRMLS
• 2005-08-30 Listed $46,900 SJSRMLS
• 2004-04-12 Sold (MLS) $39,000 SJSRMLS
• 2004-03-15 Listing Removed — SJSRMLS
• 2004-02-05 Listed $44,900 SJSRMLS
• 2001-03-23 Sold (Public Records) $100 Public Records
• 2000-06-07 Sold (Public Records) $18,000 Public Records
• 2000-05-26 Sold (MLS) $18,000 SJSRMLS
• 2000-04-08 Listing Removed — SJSRMLS
• 1999-12-02 Listed $22,900 SJSRMLS
• 1996-04-01 Sold (Public Records) $1 Public Records
• 1992-01-07 Sold (Public Records) $79,000 Public Records

Property tax history

+2.1%/yr

Latest (2025): $2,340 · +3.3% YoY. Source: county tax records.