Vacant Two-Unit
For Sale
$299,000
50 W MONROE Street, Mount Holly, NJ 08060
Multi-Family, MOUNT HOLLY, NJ
Property Size1,200 SF
Lot Size0.11 Acres
Price / SF$249.17
Days on Market49
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
Subdivision
NONE AVAILABLE
Elementary school district
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
Middle school district
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
High school district
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
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
Amenities
large backyard
water view access
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
Listed By:
Kyra L. Brinson · License #13248554
(201) 774-0019
Added: Jul 15
Changed: Aug 19
Last Checked: Sep 1 at 1:06AM
MLS# NJBL2116196
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 1200-square-foot duplex in Mount Holly includes two separate residences delivered vacant. The unit mix consists of one 1-bedroom, 1-bath residence and one 3-bedroom, 1-bath residence. Interior details include an eat-in kitchen, range hood, basement space, and separate living areas. The 1930 property has frame construction with vinyl siding and electric baseboard heating.
The property is located at 50 W Monroe Street in Mount Holly, Burlington County, near downtown restaurants, breweries, shopping, parks, and major commuter routes. The lot measures 0.11 acres and includes a large backyard with water view access. Both residences are available for the next owner to lease or occupy without an existing tenant in place.
The property is located at 50 W Monroe Street in Mount Holly, Burlington County, near downtown restaurants, breweries, shopping, parks, and major commuter routes. The lot measures 0.11 acres and includes a large backyard with water view access. Both residences are available for the next owner to lease or occupy without an existing tenant in place.
Key Highlights
- Two‑unit duplex with one 1‑bedroom, 1‑bath unit and one 3‑bedroom, 1‑bath unit
- Both residences delivered vacant
- 1200 square feet on a 0.11‑acre lot
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
$17,197
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
5.75%
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%
$343,940
$343.9K
Cap Rate 7%
$245,671
$245.7K
Cap Rate 9%
$191,078
$191.1K
Market Conditions
NOI Build-Up for 1,200 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
$25.9K $21.60/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$24.6K $20.47/SF
− OpEx
−$7.4K −$6.14/SF
NOI
$17.2K $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%
$343,940
Cap Rate 7%
$245,671
Cap Rate 9%
$191,078
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,346
Businesses Nearby
Explore this area
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
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 are delivered vacant, with an eat-in kitchen and flexible occupancy options.
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: Two‑unit duplex with one 1‑bedroom, 1‑bath unit and one 3‑bedroom, 1‑bath unit; Both residences delivered vacant; 1200 square feet on a 0.11‑acre lot
