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 Market94
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
Baseboard, Electric (Heating)
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: Sep 13
Last Checked: Oct 16 at 4:06AM
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.
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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 / Yr
$17,197
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
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
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 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.
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Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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
