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Property profile & analytics

30-32 Washington St, Unit 32 Mount Holly, NJ 08060-1757

  • Commercial real estate
  • 0.17 lot acres
OFF-MARKET
Last Sale
Sep 11, 2021
$230,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-1923420
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 30-32 Washington St

Lot size
0.17 lot acres
Zone code
GS
Property type
Commercial real estate
APN
23 00078-0000-00009
APU
2300078000000009

Description

This exceptional mixed-use property in Mount Holly, NJ, presents a compelling investment opportunity. The 7,588 square foot building, situated on Washington Street, boasts a prime location in the historic downtown district, offering high visibility and convenient access to major roadways including Interstate 295, the NJ Turnpike, Garden State Parkway, AC Expressway, Routes 206 & 38, and several bridges. The building features five units: three residential apartments currently leased at $1,025, $1,300, and $1,905 per month respectively, and two separate office spaces available for lease at $1,200 and $2,000 per month. The property includes parking for up to six cars. Zoned for professional office use, this two-story building is ideal for a variety of professional practices, such as medical, legal, or accounting firms. While currently configured for professional office use, alternative uses may be possible with a variance from the township. This fee-simple ownership offers tremendous income potential and represents a rare opportunity to acquire a highly visible, established multi-use building in a thriving location. The asking price is $430,000, translating to $56.67 per square foot. The building is situated in close proximity to Mill Race Village shops, enhancing its appeal and potential for increased revenue.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Mount Holly
County
Burlington
State
New Jersey
Longitude
-74.7897
Latitude
39.9925
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,187
$86,000
$228,600
$314,600
-
$86,000
$228,600
$314,600
More about this property
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