NJ
BURLINGTON
MOUNT HOLLY
08060
85 MADISON AVENUE
85 MADISON AVENUE, MOUNT HOLLY, NJ 08060
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Listing Type
Multi Family
Listing Status
active
41
$315,000

Home Details for 85 MADISON AVENUE

Price
$315,000
Type
Residential Income
Bedrooms
3
Bathrooms
Square feet
1941
Year built
1900
Lot size acres
0.14
County
BURLINGTON
Total rooms
10
Garage
Basement
Full, Unfinished, Interior Entry
Days on site
20
MLS Listing#
NJBL2097492
Property Description

Don’t miss this exceptional investment opportunity in the heart of Mt. Holly! This well-maintained duplex features a one-bedroom unit downstairs and a two-bedroom unit upstairs, both with long-term tenants in place, ensuring immediate rental income.Property Details: The Downstairs Unit includes 1-bedroom, currently leased with a long-term tenant. Wheelchair access is provided via a ramped rear deck entrance. The Upstairs unit offers 2-bedrooms with large bonus rooms that can easily be converted into a third bedroom if needed. It has also been leased to a long-term tenant who has been maintaining the grounds, adding value to the property. Each unit has separate gas-fueled hot water radiator heating and electric meters, offering tenants independent control over their utilities. Water and sewerage were historically covered by the landlord, presenting an opportunity for potential changes in utility management. Both leases are eligible for renewal, allowing for flexibility in future rental arrangements. 85 Madison is ideally situated just down the street from Virtua Memorial Hospital and a short commute to Joint Base McGuire-Dix-Lakehurst (JBMDL), making it an attractive option for tenants and ensuring strong rental security. Only a short walk to the Mt. Holly business district, which boasts a vibrant array of dining , entertainment and shopping options, and various houses of worship. Mt. Holly offers a well-maintained park system, and is home to the renowned Rancocas Valley Regional High School. Close proximity to major transportation routes, provides easy access to Philadelphia, NYC, and the Jersey Shore. This property presents an outstanding opportunity for investors looking to secure a reliable income stream in an active real estate market. Additionally, the option to live in one unit while renting the other could help supplement mortgage costs. Properties like this seldom appear on the market, making this an excellent investment choice. Don't miss out on the chance to add this duplex to your portfolio! Feel free to reach out for more information or to schedule a viewing!

Property Features
  • Heating Information
    • Natural Gas
    • Hot Water
    • Radiant
  • Basement
    • Full
    • Unfinished
    • Interior Entry
  • Cooling Information
    • None
    • Electric
  • Parking
    • On Street
    • Driveway
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
School Information
School Information for 85 MADISON AVENUE, MOUNT HOLLY, NJ 08060
Elementary School
JOHN BRAINERD E.S.
Middle School
F.W. HOLBEIN M.S.
High School
RANCOCAS VALLEY REG. H.S.
Listing Courtesy: Better Homes and Gardens Real Estate Maturo - 856-316-0777
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-10-14 14:31:30
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EXIT REALTY JP ROTHERMEL
5 Wilkins Station Rd, Medford, NJ 08055
Office
609 714 3948
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