85 Madison Ave, Mount Holly, NJ 08060

Mount Holly
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
85 Madison Ave,Mount Holly, NJ 08060
$315,000
  • 3 Beds
  • - Baths
  • 1,941 sq. ft.
  • Multi-family
  • Pending
Listed by:
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...

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Home facts

  • Year built:1900
  • Listing ID #:NJBL2097492
  • Added:171 day(s) ago
  • Updated:March 31, 2026 at 07:32 AM

Rooms and interior

  • Bedrooms:3
  • Rooms Total:10
  • Kitchen Description:Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Full, Interior Access, Unfinished
  • 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
  • Architectural Style:Colonial, Converted Dwelling
  • Construction Materials:Frame
  • Exterior Features:Deck(s), Outbuilding(s), Porch(es)
  • Foundation Description:Stone

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)

Features and amenities

  • Amenities:100 Amp Service, Attic, Natural Gas Available

Parking

  • Parking description:On Street

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