End-Unit Duplex with
New
For Sale
$475,000
201 WILLOW Turn, Mount Laurel, NJ 08054
Multi-Family, MOUNT LAUREL, NJ
Property Size2,416 SF
Lot Size0.16 Acres
Price / SF$196.61
Days on Market2
Property Features for 201 WILLOW Turn
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
Garage - Attached, Driveway
Elementary school district
MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS
Middle school district
MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS
High school district
MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS
Standard status
Active
Size
2,416 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
6793
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1980
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
HomeSmart First Advantage Realty · HomeSmart International
(856) 363-3000
Listed By:
Emre Yucel · License #RS370340
(856) 278-0951
Added: Sep 23
Last Checked: Sep 24 at 12:06PM
MLS# NJBL2121250
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 end-unit duplex contains two separate residences within a Colonial-style property built in 1980. The unit mix includes a two-bedroom residence with living and dining areas and a two-story, three-bedroom residence. Both homes feature functional floor plans and natural light. Vinyl siding, forced-air heating, and central air serve the property, which also includes an attached garage and driveway parking.
The property is located in Mount Laurel, Burlington County, with shopping, dining, parks, and daily conveniences referenced nearby. Access to Routes 38 and 73, along with I-295, connects the area with Philadelphia, Cherry Hill, and surrounding employment centers. The 2,416-square-foot building sits on a 0.1583-acre lot in ZIP Code 08054.
The property is located in Mount Laurel, Burlington County, with shopping, dining, parks, and daily conveniences referenced nearby. Access to Routes 38 and 73, along with I-295, connects the area with Philadelphia, Cherry Hill, and surrounding employment centers. The 2,416-square-foot building sits on a 0.1583-acre lot in ZIP Code 08054.
Key Highlights
- Two‑residence duplex with two‑bedroom and three‑bedroom unit mix
- 2,416 square feet on a 0.1583‑acre lot
- Two‑story three‑bedroom residence included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,623
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$692,460
$692.5K
Cap Rate 7%
$494,614
$494.6K
Cap Rate 9%
$384,700
$384.7K
Market Conditions
NOI Build-Up for 2,416 SF
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.
Gross rent
$52.2K $21.60/SF
− Vacancy
−$2.7K −$1.13/SF
EGI
$49.5K $20.47/SF
− OpEx
−$14.8K −$6.14/SF
NOI
$34.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$692,460
Cap Rate 7%
$494,614
Cap Rate 9%
$384,700
Alternative Uses
Best Use
Multifamily LT 5
$494.6K
$432.8K – $577.1K
NOI $34,623 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$452.1K
$395.6K – $527.4K
NOI $31,644 @ 7.0% cap · market cap 6.66%
Theoretical Best
Warehouse
$5.05M
$4.42M – $5.90M
NOI $353,711 @ 7.0% cap · market cap 74.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 residences offer distinct layouts, including a two-bedroom home and a larger two-story residence.
Where is this duplex located?
The property is located at 201 WILLOW Turn Mount Laurel, NJ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑residence duplex with two‑bedroom and three‑bedroom unit mix; 2,416 square feet on a 0.1583‑acre lot; Two‑story three‑bedroom residence included
