85 Madison Ave, Mount Holly, NJ 08060
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
85 Madison Ave,Mount Holly, NJ 08060
$315,000
- 5 Beds
- - Baths
- 1,941 sq. ft.
- Multi-family
- Active
Listed by:
- Frank Stimiloski(609) 234 - 4495Better Homes and Gardens Real Estate Maturo
MLS#:NJBL2097492
Source:BRIGHTMLS
Price summary
- Price:$315,000
- Price per sq. ft.:$162.29
About this home
Don’t miss this exceptional investment opportunity in the heart of Mt. Holly! This well-maintained duplex features a one-bedroom unit downstairs and a two-bedroom unit upstairs, both with long-term tenants in place, ensuring immediate rental income.Property Details:
The Downstairs Unit includes 1-bedroom, currently leased with a long-term tenant. Wheelchair access is provided via a ramped rear deck entrance. The Upstairs unit offers 2-bedrooms with large bonus rooms that can easily be converted into a third bedroom if needed. It has also been leased to a long-term tenant who has been maintaining the grounds, adding value to the property. Each unit has separate gas-fueled hot water radiator heating and electric meters, offering tenants independent control over their utilities.
Water and sewerage were historically covered by the landlord, presenting an opportunity for potential changes in utility management. Both leases are eligible for renewal, allowing for flexibility in future rental arrangements. 85 Madison is ideally situated just down the street from Virtua Memorial Hospital and a short commute to Joint Base McGuire-Dix-Lakehurst (JBMDL), making it an attractive option for tenants and ensuring strong rental security. Only a short walk to the Mt. Holly business district, which boasts a vibrant array of dining , entertainment and shopping options, and various houses of worship. Mt. Holly offers a well-maintained park system, and is home to the renowned Rancocas Valley Regional High School.
Close proximity to major transportation routes, provides easy access to Philadelphia, NYC, and the Jersey Shore. This property presents an outstanding opportunity for investors looking to secure a reliable income stream in an active real estate market. Additionally, the option to live in one unit while renting the other could help supplement mortgage costs. Properties like this seldom appear on the market, making this an excellent investment choice. Don't miss out on the chance to add this duplex to your portfolio!
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Home facts
- Year built:1900
- Listing ID #:NJBL2097492
- Added:1 day(s) ago
- Updated:October 12, 2025 at 01:35 PM
Rooms and interior
- Bedrooms:5
- Living area:1,941 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas, Radiator
Structure and exterior
- Roof:Metal, Pitched, Shingle
- Year built:1900
- Building area:1,941 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:RANCOCAS VALLEY REG. H.S.
- Middle school:F.W. HOLBEIN M.S.
- Elementary school:JOHN BRAINERD E.S.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$162.29
- Tax amount:$5,427 (2024)
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