1 Madison Avenue

Mount Holly, NJ
$ 230,000 Beds 3 Baths 0
Monthly Estimate* How much can I afford?

LOW TAXES AND POSITIVE CASH FLOW! INVESTORS don’t miss out on this AMAZING INVESTMENT/RENTAL OPPORTUNITY! This is a 2-FOR-1 DEAL: COMMERCIAL AND RESIDENTIAL! On the 1st floor is an attractive MULTI-USE retail store space and on the 2nd floor is two single-family units. Storefront is currently VACANT and can be a great investment to LEASE or use for your own business endeavors- your choice! Space offers 1,600 SQ FT and was formerly used as a food service shop and there is a pre-existing industrial refrigerator included. It has great potential for a number of other uses including but not limited to a restaurant, bar, coffee shop, art gallery, hair/nail salon, barber shop, laundromat and much more! On the 2nd floor you will find two rentable units, both FULLY TENANTED! Unit #1 offers 1 generously sized Bedroom, Full Bath, Kitchen and cozy Family Room area. Unit #2 has 2 Bedrooms, Full Bath, Kitchen, Den, as well as washer and dryer. Both units boast polished wood floors throughout most of the space and plenty of bright natural light. Commercial portion on 1st floor is also available to LEASE, refer to MLS# NJBL391252.This is truly a GREAT LOCATION, situated in the middle of Mt Holly’s busy downtown area with tons of shopping and major roadways nearby. Location offers HIGH VISIBILITY at the busy signalized intersection of King/Washington St. for tons of EXPOSURE for your thriving business. Mt. Holly has an estimated population of 24,338 people and 3,861 households with an average annual income of $153,728. It is a very vibrant and diverse town, being ranked #5 Most Diverse Suburb in Burlington County. ADDED BONUS: the property is also located in a NJ Urban Enterprise Zone (UEZ) and may be eligible for many statewide taxation benefits. Learn more about this by visiting NJ Department of Community Affairs website. Don’t miss your chance to acquire this AMAZING INVESTMENT OPPORTUNITY in the center of a LIVELY downtown community- without the hassle of traveling to the city! Call us TODAY to schedule your private showing before it’s too late!

Pending

  • Price
  • $ 230,000
  • Lot Size
  • 8,276 SqFt
  • Bedrooms
  • 3
  • Full Bathrooms
  • 0
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Mount Holly
  • Taxes
  • $ 6107
  • County
  • BURLINGTON
  • Style
  • Area
  • Mount Holly Twp
  • MLS#
  • NJBL394450
  • Zip
  • 08060
Listing Provided by: Nancy Kowalik Real Estate Group
Data Source: Bright MLS

Features

General

Acceptable Financing USDA, Conventional, FHA
Accessibility Ramp - Main Level
Appliances Dishwasher, Oven/Range - Gas, Oven - Single, Stove, Microwave, Washer/Dryer Stacked
Architectural Style Other
Construction Materials Brick, Vinyl Siding
Cool Fuel Electric
Cooling Wall Unit
County BURLINGTON
Days on Market 5
Electric 100 Amp Service
Elementary School EASTAMPTON E.S.
Exclusions Two ovens and cameras located inside 1st floor store space are not included.
Exterior Features Sidewalks, Street Lights
Flooring Wood, Tile/Brick, Carpet
Garage Y/N No
Heating Radiator
High School RANCOCAS VALLEY REG. H.S.
High School District MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
Interior Features Tub Shower, Wood Floors, Family Room Off Kitchen
Location Type Downtown
MLS Area Mount Holly Twp (20323)
Middle/Junior High School EASTAMPTON M.S.
Municipality MOUNT HOLLY TWP
New Construction No
Numberofunitsvacant 1
One Bedroom Units Count 1
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 3
Ownership Fee Simple
Parking Features Paved Parking
Possession Immediate
Property SubType Other
Property Type Multi-Family
Roof Shingle
Sewer Public Sewer
Structure Type Over Storefront
Tax Annual Amount 6107.0
Tax Lot 00005
Tax Year 2020
Total Units 3
Two Bedroom 1
Vacation Rental Y/N No
View Street
Water Access Y/N No
Zoning RESIDENTIAL/COMMERCIAL
Zoning Description 1st Floor is Commercial Zoned and 2nd Floor is Residential with 2 apartment units.

Interior Features

Central Air Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Lot Dimensions 56.00 x 145.00
Lot Features Corner, Road Frontage
Lot Size Acres 0.19
Lot Size Source Assessor
Lot Size Square Feet 8120.00
Navigable Water Y/N No
Parking Lot - # Of Spaces 7
Pool Y/N No Pool
Total Parking Spaces 7
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Chadds Ford, PA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Eastampton E.S.
Middle School Eastampton M.S.
High School Rancocas Valley Reg. H.S.

Price History

4/5/2021 Listed $230,000

Property vs Zip Code Average in 08060

Price
AVG $260K
$230K
Taxes
AVG $5,882
$6,107
Visits
AVG 46
32
Year Built
AVG 1957
1900
Walkscore
AVG 31
64
Data Provided by Walkscore ® not using MLS data

Map

1 Madison Avenue Mount Holly, NJ is a Single Family Home for sale at $230000 and a lot size of 8,276 SqFt Acre(s). 1 Madison Avenue Mount Holly has 3 bedrooms, 0 baths and was built in 1900. The property's zip code is 08060 which is in Mount Holly, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.