85 Madison Ave
Description
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...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!
- Listed by Frank J, Stimiloski • Better Homes and Gardens Real Estate MaturoP: (609)-234-4495 frankj@southjerseyfrank.com
Property Details for 85 Madison Avenue
Property Details for 85 Madison Avenue
| Status | Pending |
|---|---|
| MLS # | NJBL2097492 |
| Days on Market | 64 |
| Taxes | $5,427 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.14 AC / 6,072 SF |
| County | Burlington County |
Location
Building Information for 85 Madison Avenue
Payment Calculator
$1,988 per month
30 year fixed, 6.15% Interest
$1,535
$452
$0
Property Information for 85 Madison Avenue
- Transportation: Bus Stop less than 1 mile
- School District Name: MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
- School District County ID: 300200397505
- SchoolDistrictSource: Listing Agent
- Elementary School: JOHN BRAINERD E.S. (BURLINGTON NJ)
- ElementarySchoolSource: Listing Agent
- Middle Or Junior School: F.W. HOLBEIN M.S. (BURLINGTON NJ)
- MiddleSchoolSource: Listing Agent
- High School: RANCOCAS VALLEY REG. H.S. (BURLINGTON NJ)
- HighSchoolSource: Listing Agent
- County: BURLINGTON
- MLS Area: Mount Holly Twp (20323)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $154,600
- Year Assessed: 2024
- County Tax: $0
- Improvement Assessed Value: $127,500
- City Town Tax: $0
- Land Assessed Value: $27,100
- Clean Green Assessed: No
- Land Use Code: 0
- Zoning: R2
- Tax Lot: 00022
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
- Owner Pays: Sewer, Taxes - Real Estate, Water
- Rent Control: No
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 0
- Units Furnished: None
- Units Leased Count: 2
- Number Of Units Vacant: 0
- Number Of Units Month To Month: 2
- Rent Control: No
- Operating Expense Includes: Insurance
- Annual Rental Income: $28,620
- Income Includes: Apartment Rentals
- Existing Lease Type: Month to Month
- Building Level Count: 3
- Building Units Total: 2
- Total Finished SQFT: 1,941.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,941.00
- Total SQFT: 1,941.00
- Total SQFT Source: Assessor
- Construction Materials: Frame
- Roof: Metal, Pitched, Shingle
- Basement Type: Full, Interior Access, Unfinished
- Foundation Details: Stone
- Lot Size Source: Assessor
- Lot Size Dimensions: 25.00 x 243.00
- Lot Dimensions Source: Assessor
- Parcel ID: 1691630
- Ground Rent Exists: No
- Type Of Parking: On Street, Driveway
- Driveway - # of Spaces: 2
- Interior Features: Attic
- Fireplace: No
- Appliances: Refrigerator, Stove, Washer, Dryer
- Accessibility Features: 2+ Access Exits, 32"+ wide Doors, 36"+ wide Halls, Mobility Improvements, Ramp - Main Level
- Spa: No
- Exterior Features: Outbuilding(s)
- Outdoor Living Structures: Deck(s), Porch(es)
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Utilities: Natural Gas Available
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Hot Water, Radiator
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 100 Amp Service
- List Agent AOR: NEXUS Association of Realtors
Property History for 85 Madison Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 10, 2025 | Pending BRIGHT #NJBL2097492 | — | |
| Oct 10, 2025 | Listed (Active) BRIGHT #NJBL2097492 | $315,000 | — |
| Jun 29, 2006 | Closed (Public Record) Public Record #250662266 | $1 | — |
| Feb 8, 2006 | Closed (Public Record) Public Record #250644981 | $1 | -99.5% / yr |
| Nov 12, 2003 | Closed (Public Record) Public Record #250550355 | $137,500 | — |
| Nov 12, 2003 | Closed BRIGHT #NJBL188580 | $137,500 | — |
| Sep 24, 2003 | Pending BRIGHT #NJBL188580 | — | |
| Jul 24, 2003 | Listed (Active) BRIGHT #NJBL188580 | $139,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/10/2025 | Pending BRIGHT #NJBL2097492 | — |
| 10/10/2025 | Listed (Active) BRIGHT #NJBL2097492 | $315,000 |
| 06/29/2006 | Closed (Public Record) Public Record #250662266 | $1 |
| 02/08/2006 | Closed (Public Record) Public Record #250644981 | $1 -99.5% / yr |
| 11/12/2003 | Closed (Public Record) Public Record #250550355 | $137,500 |
| 11/12/2003 | Closed BRIGHT #NJBL188580 | $137,500 |
| 09/24/2003 | Pending BRIGHT #NJBL188580 | — |
| 07/24/2003 | Listed (Active) BRIGHT #NJBL188580 | $139,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 85 Madison Avenue
Schools near 85 Madison Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 1 | |||
| Public - | 2 to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
John Brainerd Elementary School PublicPK to 1 | ||
Gertrude Folwell Elementary School Public2 to 4 | ||
F.W. Holbein Middle School Public5 to 8 | ||
Rancocas Valley Reg High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- Burlington Township Homes for Sale
- Garfield Park East Homes for Sale
- Garfield Park North Homes for Sale
- Pemberton Township - Burlington County Homes for Sale
- Southampton Township - Burlington County Homes for Sale
- Springfield Township - Burlington County Homes for Sale
- Tarnsfield Homes for Sale
- Twin Hill Park Homes for Sale
- Rancocas Pointe Homes for Sale
- The Bridle Club Homes for Sale
- Mansfield Township - Burlington County Homes for Sale
- Buckingham Park Homes for Sale
- Florence Township - Burlington County Homes for Sale
- Essex Place Homes for Sale
- The Renaissance Club Homes for Sale
- Willingboro Homes for Sale
- Westampton Homes for Sale
- Rancocas Homes for Sale
- Mount Laurel Homes for Sale
- Mount Holly Homes for Sale
- Lumberton Homes for Sale
- Hainesport Homes for Sale
- Eastampton Homes for Sale
- Moorestown Homes for Sale
- Jobstown Homes for Sale
- Columbus Homes for Sale
- Pemberton Homes for Sale
- Delran Homes for Sale
- Burlington Homes for Sale
- Edgewater Park Homes for Sale
- 08505 Homes for Sale
- 08016 Homes for Sale
- 08022 Homes for Sale
- 08036 Homes for Sale
- 08041 Homes for Sale
- 08046 Homes for Sale
- 08048 Homes for Sale
- 08054 Homes for Sale
- 08068 Homes for Sale
- 08073 Homes for Sale
- 08088 Homes for Sale
- 08057 Homes for Sale
- 08075 Homes for Sale
- 08010 Homes for Sale
- 08640 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Better Homes and Gardens Real Estate Maturo
Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.