Pending

$315,000

4 months ago

85 Madison Ave, Mount Holly, NJ

Name: 85 Madison Ave, Pending in Mount Holly - eXp Realty
Brand: Better Homes and Gardens Real Estate Maturo
SKU: NJBL2097492
Price: 315000 USD

0 Bed

0 Bath

1941 sqft

MLS® NJBL2097492

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 1941 sqft

Garage No

Taxes $5,427

Lot Size 0.14 acres

Approx. Age 1900

Avg. Price Per Sqft $162

MLS® Number NJBL2097492

Property Address: 85 Madison Ave, Mount Holly, NJ, 08060-2033

Average square foot calculated using Size range provided by listing agent.

Description

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! Feel free to reach out for more information or to schedule a viewing!

MLS® NumberNJBL2097492

Laundry Level

Central VacNo

FireplaceNo

Acreage0.14

Exterior

GarageNo

Approx. Age1900

BasementFull, Interior Access, Unfinished

DrivewayOn Street, Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

refrigerator, range

Price History

-End Date

-Sold Price

Pending

Oct 10, 2025List Date

$315,000List Price

Commute

Commute

Starting Address

Destination Address

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