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31 S Myrtle St, Vineland, NJ, 08360

3beds
2baths
1,396sqft
$300,000
$215price/sqft
$2,362/moest. monthly cost
$94,480/yrincome needed

About This Home

TURNKEY CASHFLOWING DUPLEX! This well-kept duplex has 2 bedrooms, 1 bathroom upstairs and 1 bedrooms, 1 bathroom downstairs. Both units are under lease agreements. The 1 bedroom rent roll is $1,295.00 per month, and the 2 bedroom rent roll is $1,325.00 per month. An investor will enjoy gross income of $31,440.00 annually, making this a very strong investment in a great location within a great rental market overall. The current tenants keep the units clean and tidy, and are on long term annual leases that runs through the February 2027 and into August 2027. Both units have their own electric and gas meters for easy utility management. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Take a look today!

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

2/10
1/10
Vineland HighGrades 9-122.3 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Block
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Radiator,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 1,396
  • Total interior livable area: 1,396 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 140420200017
  • Zoning: 02
  • Special condition: Standard
  • Exclusions: Tenant Personal Property.

Features

  • Pool features: None

Lot

  • Lot size: 10,202 sqft
  • Lot size dimensions: 50.00 x 204.00

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Hurricane
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$148$1,776
Property Taxes $505$6,060
Electricity $193$2,318
Total$2,362$28,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,982/yr
40% on housing$70,860/yr
45% on housing$62,986/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.9%
-2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 08360$172
Cumberland County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 08360$208
Cumberland County$196

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-12Listed for sale$300,000
2024-09-03Sold$225,000
2024-08-13Pending sale$195,000
2024-08-10Listed for sale$195,000
2021-05-19Sold$90,000
2021-03-30Price change$135,000
2021-03-12Listed for sale$149,000
2020-09-24Listing removed$925
2020-09-16Listed for rent$925
2020-02-27Sold$7,500
2019-11-14Listed for sale$94,500
2006-10-03Sold$90,000

For Sale by Agent

AgentMike DePalma
BrokerageDePalma Realty

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