Vacant Duplex Income
For Sale
$299,000
50 W MONROE Street, Mount Holly, NJ 08060
MULTI_FAMILY - Other - MOUNT HOLLY, NJ
Property Size1,200 SF
Lot Size0.11 Acres
Price / SF$249.17
Days on Market19
Property Features for 50 W MONROE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Interior features
Kitchen - Eat-In
Appliances
Range Hood
Subdivision
NONE AVAILABLE
Elementary school district
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
Middle school district
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
High school district
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
Standard status
Active
Size
1,200 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
4670
Utilities
Heating system
Baseboard, Electric (Heating)
Building Details
Year built
1930
Number of units
2
Building materials
Frame, Vinyl Siding
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(866) 201-6210
Listed By:
Kyra L. Brinson · License #13248554
(201) 774-0019
Added: Jul 15
Changed: Jul 22
Last Checked: Aug 2 at 1:06PM
MLS# NJBL2116196
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vacant duplex includes two separate living units: a 1-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit. The property is delivered vacant, giving the next owner flexibility to lease immediately or make updates as desired. Off-street parking and a large backyard with water-view access are also included.
Located in Mount Holly Borough, the duplex is described as being just minutes from downtown Mount Holly and Mill Street’s dining, breweries, shopping, parks, and major commuter routes.
With its two-unit configuration and separate living spaces, the property is positioned as an income-producing duplex option in a residential income property format.
Located in Mount Holly Borough, the duplex is described as being just minutes from downtown Mount Holly and Mill Street’s dining, breweries, shopping, parks, and major commuter routes.
With its two-unit configuration and separate living spaces, the property is positioned as an income-producing duplex option in a residential income property format.
Key Highlights
- Vacant duplex in Mount Holly Borough with two separate units ready for new leasing or owner occupancy
- 1‑bedroom, 1‑bath unit with projected market rent of approximately $2,000/month
- 3‑bedroom, 1‑bath unit with projected market rent of approximately $2,300/month
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.9k | $21.60 |
| − Vacancy | −$1.4k | −$1.13 |
| EGI | $24.6k | $20.47 |
| − OpEx | −$7.4k | −$6.14 |
| NOI | $17.2k | $14.33 |
1,200 SF · lease $21.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$245.7K
$215.0K – $286.6K
NOI $17,197 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$224.5K
$196.5K – $262.0K
NOI $15,717 @ 7.0% cap · market cap 5.26%
Theoretical Best
Warehouse
$2.51M
$2.20M – $2.93M
NOI $175,684 @ 7.0% cap · market cap 58.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,071
Businesses Nearby
Explore this area
Business Placement
Demographics for 08060, NJ
25,426
Population
10,198
Households
2.5
Avg Household Size
38
Median Age
38%
College-Educated
96%
High-School Grad
21.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$107,165
Median Household Income
$59,035
Median Earnings
$1,619
Median Rent
$292,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate units with off-street parking and a large backyard with water-view access, delivered vacant for new occupancy.
Where is this duplex located?
The property is located at 50 W MONROE Street Mount Holly, NJ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Vacant duplex in Mount Holly Borough with two separate units ready for new leasing or owner occupancy; 1‑bedroom, 1‑bath unit with projected market rent of approximately $2,000/month; 3‑bedroom, 1‑bath unit with projected market rent of approximately $2,300/month
