Property summary
The property, formerly the Old Buzz Tavern, is located on a corner site at the intersection of Rancocas Road and King Street, directly across from the County Courthouse. It is a multi-story building that requires significant rehabilitation. The site includes building materials stored onsite and a large commercial Ansul fire suppression system. The second and third floors contain a large apartment unit with space configured for a living room area, an eat-in kitchen, one or two full bathrooms, and three to four bedrooms. A rear parking lot accessed from King Street provides off-street parking for approximately 20 or more vehicles.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
e XII Design Standards (§ 149-82 - § 149-88) Article XIII Public Garages (§ 149-89 - § 149-91) Article XIV R-1 Residence District (§ 149-92 - § 149-94) Article XV R-2 Residence District (§ 149-95 - § 149-96) Article XVI…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R3 · Mount Holly, NJe XII Design Standards (§ 149-82 - § 149-88) Article XIII Public Garages (§ 149-89 - § 149-91) Article XIV R-1 Residence District (§ 149-92 - § 149-94) Article XV R-2 Residence District (§ 149-95 - § 149-96) Article XVI…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
e XII Design Standards (§ 149-82 - § 149-88) Article XIII Public Garages (§ 149-89 - § 149-91) Article XIV R-1 Residence District (§ 149-92 - § 149-94) Article XV R-2 Residence District (§ 149-95 - § 149-96) Article XVI…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R3 in Mount Holly, NJ.
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