Victorian Residential Income
New
For Sale
$474,500
411 HIGH STREET, Mount Holly, NJ 08060
Built in 1920, the property has natural-gas radiant heat and window-unit cooling.
Property Size2,737 SF
Price / SF$173.36
Days on Market4
Property Features for 411 HIGH STREET
General Information
Standard status
Active
Size
2,737 SF
Property subtype
Residential Income
Zoning
R1
Taxes and HOA fees
Annual Taxes
$8,443
Amenities
Window Unit(s)
Natural Gas, Radiant
Unfinished
Gas Water Heater
On Street
Victorian
Building Details
Building Size
2,737 SF
Year Built
1920
Listed By:
Annemarie Tobin
(609) 284-0000
Source:
Evrealestate
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 24 at 5:39PM
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 Annemarie Tobin
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Investment Insights
Based on property information with market context.
This residential income property dates to 1920 and has Victorian exterior detailing. Interior features include window-unit cooling, natural-gas radiant heat, and a gas water heater. The property also includes an unfinished area and on-street parking. It is zoned R1.
Key Highlights
- 1920 construction with Victorian exterior detailing
- Natural‑gas radiant heat and window‑unit cooling
- Gas water heater and unfinished area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,848
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,960
$717.0K
Cap Rate 7%
$512,114
$512.1K
Cap Rate 9%
$398,311
$398.3K
Market Conditions
NOI Build-Up for 2,737 SF
Gross rent
$69.0K $25.20/SF
− Vacancy
−$3.8K −$1.39/SF
EGI
$65.2K $23.81/SF
− OpEx
−$29.3K −$10.72/SF
NOI
$35.8K $13.10/SF
Area
Burlington County, NJ
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,960
Cap Rate 7%
$512,114
Cap Rate 9%
$398,311
Alternative Uses
Best Use
Apartment 5plus
$512.1K
$448.1K – $597.5K
NOI $35,848 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.72M
$5.01M – $6.68M
NOI $400,707 @ 7.0% cap · market cap 84.45%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Built in 1920, the property has natural-gas radiant heat and window-unit cooling.
Where is this residential income property located?
The property is located at 411 HIGH STREET Mount Holly, NJ.
What is the asking price?
The asking price for this property is $474,500.
What are key features of this property?
This property features: 1920 construction with Victorian exterior detailing; Natural‑gas radiant heat and window‑unit cooling; Gas water heater and unfinished area
