Two-Unit Duplex with
For Sale
$429,888
134 Willow Turn, Mount Laurel, NJ 08054
Both residences offer two-bedroom, two-bath layouts with attached garages and on-site parking.
Property Size2,100 SF
Price / SF$204.71
Days on Market47
Property Features for 134 Willow Turn
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,850
Building Details
Year Built
1979
Buildings
1
Listing Agency:
BHHS Fox & Roach-Marlton
Listed By:
Jonathan Zachary Benstead · License #2296861
(856) 613-8003
Source:
Mgsells
Added: Sep 6
Changed: Oct 7
Last Checked: Oct 7 at 1:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Marlton
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Investment Insights
Based on property information with market context.
Built in 1979, this duplex contains two separate two-bedroom, two-bath residences. Each unit includes an attached garage, and the property also provides on-site parking. Both units are currently occupied, supporting an established residential rental configuration.
Residents are responsible for electric service, while the landlord covers water and sewer. The property has no HOA fees and is located at 134 Willow Turn in Mount Laurel, New Jersey. The two-unit layout, garage access, and existing occupancy provide a straightforward multifamily format for continued residential use.
Residents are responsible for electric service, while the landlord covers water and sewer. The property has no HOA fees and is located at 134 Willow Turn in Mount Laurel, New Jersey. The two-unit layout, garage access, and existing occupancy provide a straightforward multifamily format for continued residential use.
Key Highlights
- Two‑unit duplex with two 2BR/2BA residences
- Attached garage serving each unit
- On‑site parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,095
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,900
$601.9K
Cap Rate 7%
$429,929
$429.9K
Cap Rate 9%
$334,389
$334.4K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$45.4K $21.60/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$43.0K $20.47/SF
− OpEx
−$12.9K −$6.14/SF
NOI
$30.1K $14.33/SF
Area
Burlington County, NJ
Vacancy
5.22%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,900
Cap Rate 7%
$429,929
Cap Rate 9%
$334,389
Alternative Uses
Best Use
Multifamily LT 5
$429.9K
$376.2K – $501.6K
NOI $30,095 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$392.9K
$343.8K – $458.4K
NOI $27,505 @ 7.0% cap · market cap 6.40%
Theoretical Best
Warehouse
$4.39M
$3.84M – $5.12M
NOI $307,448 @ 7.0% cap · market cap 71.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
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Business Placement
Demographics for 08054, NJ
44,633
Population
19,966
Households
2.2
Avg Household Size
44
Median Age
56%
College-Educated
96%
High-School Grad
21.7 sq mi
ZIP Area
2,057
Density / Sq Mi
$114,629
Median Household Income
$67,986
Median Earnings
$1,966
Median Rent
$341,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two-bedroom, two-bath layouts with attached garages and on-site parking.
Where is this duplex located?
The property is located at 134 Willow Turn Mount Laurel, NJ.
What is the asking price?
The asking price for this property is $429,888.
What are key features of this property?
This property features: Two‑unit duplex with two 2BR/2BA residences; Attached garage serving each unit; On‑site parking included
