Vacant Duplex Income
50 W MONROE Street Mount Holly, NJ 08060
New
50 W MONROE Street, Mount Holly, NJ, 08060
$299,000
For Sale
$299,000
MULTI_FAMILY - Other - MOUNT HOLLY, NJ
Property Size1,200 SF
Lot Size0.11 Acres
Price / SF$249.17
Days on Market3
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
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4670
Utilities
- Heating system
- Electric (Heating), Baseboard
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
28 Valley Road unit: 1, Montclair, NJ
Listed by
Kyra L. Brinson · License #13248554
(201) 774-0019
Added: Jul 15 Checked: Jul 17 at 8:06 pm
MLS# NJBL2116196
Listing URL
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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
