Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    124 MOUNT HOLLY AVE Mount Holly, NJ 08060

    View on Map
    Claim this Listing
    For Sale
    $255,000

    Multi-Family, Detached - MOUNT HOLLY, NJ

    Lot size:
    0.06 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    48
    Last Refresh:
    Apr 14 at 11:06 pm

    Property Features for 124 MOUNT HOLLY AVE

    General Information

    Property type
    Residential Multi Family
    Parking features
    Off Street
    Interior features
    Carpet
    Appliances
    Range, Range - Gas, Refrigerator
    Standard status
    Active
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5243

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1850
    Flooring type
    Carpet, Laminate
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    William J Zerega

    Listing agent William J Zerega

    Listing office Cherry Hill/Haddonfield 1415 Route 70 East, NJ

    Listing date Feb 25, 2026

    MLS# NJBL2106126 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mount Holly Duplex For Sale

    This duplex is located in historic Mt. Holly. The upstairs unit, featuring one bedroom, is currently vacant and has been recently painted and cleaned. The downstairs one-bedroom unit is currently occupied, with the lease ending at the end of March. Both units were previously rented for $1,200 per month. Each unit has its own separate heater and water heater located in the basement. The heaters are one and three years old, respectively, and the roof is four years old. Off-street parking is available at the rear of the building. The property is situated on a 0.06-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Holly
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.78393
    Latitude
    39.99817

    Nearby Similar for Sale

    • $325,000

      Four-Unit Commercial Property in Mount Holly

      Four-unit commercial property in Mount Holly's thriving downtown business district.
      16--18 MILL Street, MOUNT HOLLY, NJ 08060
      View Details
    • $1,950

      Move-In Ready Office Space

      First-floor office space near the Mount Holly courthouse.
      141 HIGH STREET, MOUNT HOLLY, NJ 08060
      View Details
    • $499,900
      5,340 SF

      Mount Holly Mixed-Use Investment

      Fully leased mixed-use building in Mount Holly's business district.
      4 MILL STREET, MOUNT HOLLY, NJ 08060
      View Details
    • $399,000

      Tenant-Occupied Mixed-Use Investment Property

      Four-unit mixed-use property with strong rental history and immediate cashflow.
      39-41 MILL STREET, MOUNT HOLLY, NJ 08060
      View Details
    • $255,000
      1,472 SF

      Mount Holly Duplex For Sale

      Duplex in historic Mt. Holly with recent upgrades.
      124 MOUNT HOLLY Avenue, MOUNT HOLLY, NJ 08060
      View Details
    • $225,000

      Mount Holly Commercial Opportunity

      Commercial building in Mount Holly, NJ, needing major rehabilitation.
      100 RANCOCAS ROAD, MOUNT HOLLY, NJ 08060
      View Details
    • $2,200,000

      Turnkey Restaurant with Strip Mall

      Mixed-use property with restaurant, liquor license, and retail storefronts.
      1302 Monmouth Rd, MOUNT HOLLY, NJ 08060
      View Details
    • $450,000
      5,700 SF

      Mixed-Use Building in Downtown

      Partially renovated mixed-use building with approvals for offices and apartments.
      129 --131 High St, MOUNT HOLLY, NJ 08060
      View Details
    • $325,000

      Four-Unit Commercial Property in Mount Holly

      Commercial property in thriving downtown Mount Holly business district.
      16 Mill Street, Mount Holly, NJ 08060
      View Details
    • $2,895,000
      9,730 SF

      Retail Building in Mount Holly

      9,730 SF retail building with 100% occupancy.
      305 Rancocas Road, Mount Holly, NJ 08060
      View Details
    • $250,000

      Mixed-Use Duplex Near Downtown

      Mixed-use duplex with immediate rental income near downtown Mount Holly.
      131 RANCOCAS ROAD, MOUNT HOLLY, NJ 08060
      View Details
    • $225,000

      Former Tavern with Apartment Unit

      Corner property with commercial and residential potential in Mount Holly.
      100 RANCOCAS ROAD, MOUNT HOLLY, NJ 08060
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in historic Mt. Holly with recent upgrades.
    Where is this duplex located?
    The property is located at 124 MOUNT HOLLY AVE Mount Holly, NJ.
    What is the asking price?
    The asking price for this property is $255,000.
    What are key features of this property?
    This property features: Duplex in historic Mt. Holly offering immediate rental income potential.; Upstairs unit recently painted and cleaned, ready for immediate occupancy.; Both units previously rented for $1,200/month each.
    (888) 536-0216
    We can help!
    Listing Contact
    William J Zerega
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!