Price Reduction
1-3 Madison Avenue Mount Holly, NJ
$ 229,900
Property Attributes
  • MLS#1007543594
  • TypeCommercial
  • CityMount Holly
  • AreaMount Holly Twp
  • Zip08060
  • StyleApartment Building
  • Year Built1918
  • Taxes5864
  • Price$ 229,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2600
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
Weichert Realtors-Cherry Hill
Property Description

MOTIVATED SELLER! Price adjustment of $30,000! Bring all offers! Great location and revenue source!Permitted uses: restaurants, bars, coffee shops, clothing retail, furniture retail, art galleries, hair and nail salons/barber shops, and similar type businesses. Commercial property with 2 apartment rentals above it is located right in the heart of historic Mt. Holly. This income producing property is looking for its next investor. Both apartment rentals are currently tenant occupied. Unit #1 is one bedroom, one bathroom, kitchen and living room with its rent at $850 per month. Unit #2 is two bedrooms, one bathroom, living and dining room, kitchen, washer and dryer with its rent at $992 per month. Plenty of parking in the rear of the property. Plenty of shopping nearby and major roadways nearby. Property being sold in as-is condition. Seller will make no repairs. Any and all inspections/certifications needed will be provided by the buyer(s). The property is located in a NJ Urban Enterprise Zone (UEZ) and may be eligible for many statewide taxation benefits. Learn more about this by visiting the NJ Department of Community Affairs website. Make an appointment today!

Price History
9/28/2018 Listed $275,000
12/11/2018 3% - $269,000
1/23/2019 12% - $239,000
9/24/2019 4% - $229,900

General Features

Acceptable Financing Conventional, Other
Accessibility None
Association Fee 0.00
Business Type Apartment Building
Cool Fuel Natural Gas
Electric Expense 0.00
Exclusions Negotiable
Location Type Downtown
MLS Area Mount Holly Twp (20323)
New Construction No
Open Parking Spaces 2
Ownership Other
Possession Immediate
Price Per Sq Ft 88.42
Property SubType Retail
Property Type Commercial Sale
PropertyCondition Average+
Tax Year 2018
Trash Expense 0.00
Vacation Rental Y/N No
Zoning B1

Interior Features

Central Air Y/N No
Clear Span Ceiling Height 8' to 10'
Cooling None
Flooring Vinyl
Heating Forced Air
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Total Restrooms 2
Utilities Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Exterior Features

Building Area Total 2600.00
Construction Materials Vinyl Siding, Brick
Exterior Amenities Public Transport Nearby
Foundation Details Stone
Inclusions Negotiable
Lot Dimensions 56X145
Lot Size Acres 0.19
Lot Size Square Feet 8120.00
Navigable Water Y/N No
Number of Buildings 1
Parking Features Asphalt Driveway
Parking Spaces 2-Car Parking
Roadresponsibility Boro/Township
Roof Shingle
Sewer Public Sewer
Topography Irregular Lot Size
Topography Description Irregular Lot Size
Total Garage and Parking Spaces 2
Type of Parking Off Street
Water Access Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


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

Property vs Zip Code Average in 08060

AVG $250K
AVG $4,332
AVG 36
Year Built
AVG 1948
AVG 51
Data Provided by Walkscore ® not using MLS data

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