MOUNT HOLLY, NJ 08060 Mount Holly, NJ 08060
SINGLE_FAMILY - MOUNT HOLLY, NJ
- Added:
- Jun 2, 2026
- Days on Market:
- 39
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features
General Information
- Property type
- Residential
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.12 Acres
Building Details
- Year built
- 1970
Listing agent Dawn Varallo License #RS361696 (856) 381-7884
Listing office BHHS Fox & Roach Marlton-Voorhees Home Marketing Center NJ (856) 810-5300
Listing date Jun 2, 2026
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.
The property is positioned in the heart of downtown Mount Holly along the High Street corridor. The offering is described as benefiting from strong foot traffic, with nearby restaurants and shops, as well as ongoing downtown revitalization. A rear lot on Brainerd Street is included, providing additional parking, access, or development flexibility to support the residential conversion.
This is a strong fit for investors seeking both current cash flow from a multi-tenant retail component and future upside tied to the approved apartment plans. With multiple storefronts already operating, the building offers an income base while retaining a clear path to expand toward mixed-use residential revenue. The included rear lot adds practical flexibility for the residential conversion, subject to the approved plans.
Key Highlights
- 13,000 SF mixed‑use building at 55 & 61 High Street in downtown Mount Holly
- Four fully occupied commercial storefronts; each tenant pays their own utilities and expenses
- Approved plans for six (6) two‑bedroom residential apartments on the upper levels
Local Financial Insights For Mixed Use
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 | $205.9k | $15.84 |
| − Vacancy | −$29.4k | −$2.27 |
| EGI | $176.5k | $13.57 |
| − OpEx | −$66.2k | −$5.09 |
| NOI | $110.3k | $8.48 |
