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500 S 8th Street

Vineland, NJ 08360

– beds
– baths
2,024 sqft
7,405 sqft lot
$116 per sqft
1900 build

Large duplex on a corner lot waiting to be brought back to life and maxed out for profit. Live in one apartment and rent the other, or rent both out to maximize income. Downstairs is a comfortably sized 3 bedroom unit with a large eat-in kitchen, large living room, and spacious bedrooms. Unit has access interior access to the basement for additional storage. Upstairs is a 1 bedroom unit with a large bedroom, eat-in kitchen, and a sizeable walk-up attic allowing for extra storage. 1st floor is rented for $1,500. 2nd floor is renting for $900. Both units are leased month to month and are currently renting below fair market value. The property could potentially bring in a total of $3,200 in monthly revenue or more. Plenty of space for parking on and off-street and incredibly LOW taxes! This is a legally converted duplex ready for a quick closing. This property also qualifies for down payment assistance from the City of Vineland (subject to availability of funds at the time of applying) of up to $5,000 towards down payment and closing costs for qualified buyers who will be occupying the property as their primary residence. Cash, conventional, or rehab loans only. Being sold in AS-IS condition.

Listing courtesy of BRIGHT / OMNI Real Estate Professionals

Last checked: Checking… • Last updated Oct 17, 2024 •

MLS# NJCB2020082 —

The Building

Year Built:

1900
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Other
Structure Type:

Detached
Architectural Style:

Other
Building Units Total:

1
Accessibility Features:

None
Foundation Details:

Block
Basement:

Yes
Basement Type:

Full
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Estimated

Interior

Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2024
Living Area SqFt:

2,024 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, FHA 203(k)
Possession:

Immediate

Location

Directions:

GPS
Cross Street:

QUINCE
Latitude:

39.48055000
Longitude:

-75.01936000

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.17
Lot Size Source:

Estimated
Lot Size Dimensions:

100.00 x 75.00
Lot Dimensions Source:

Estimated
Lot SqFt:

7,405 Sqft
Exclusions:

Personal Property
Zoning:

RES
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

14-04111-00010
Tax Year:

2023
Tax Lot:

00010
Tax Annual Amount:

$3,118
Tax Assessed Value:

$98,600
Year Assessed:

2023
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Radiator, Baseboard - Electric
Heating Fuel:

Electric, Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric, Natural Gas
Water Source:

Public

Schools

School District Name:

City Of Vineland Board Of Education
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Driveway

Extra Units

Other Units:

Unit 1,Unit 2
Vacation Rental:

No
One Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/5/24 Sep 5, 2024	Listed / Active	BRIGHT	$235,000

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This multifamily located in Center City Vineland, Vineland, NJ 08360 is currently for sale for $235,000. 500 S 8th Street is a 2,024 square foot multifamily with – beds and – baths. 500 S 8th Street is in the Center City Vineland neighborhood of Vineland and has a WalkScore® of 72, making it very walkable.

Listing Courtesy of: BRIGHT and OMNI Real Estate Professionals.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.