131 Rancocas Road

Mount Holly, NJ 08060

$235,000
Price
Beds
1,843 Sq. Ft.
$128 / Sq. Ft.
1,843
Sq. Ft.
$128
per Sq. Ft.

Description

Welcome to 131 Rancoas Rd! This mixed-use duplex, located near downtown Mount Holly, this investment opportunity offers immediate rental income of $1,000 per month. The first floor is vacant and ready for a an owner operator or investor looking to run a restaraunt/commercial kitchen, while the second floor is a 2 -bedroom apartment currently rented for $1,000/month. Upstairs fair market rent through HUD is $1,570. Note: Upstairs unit photos were taken prior to this tenant’s occupancy. A perfect blend...Welcome to 131 Rancoas Rd! This mixed-use duplex, located near downtown Mount Holly, this investment opportunity offers immediate rental income of $1,000 per month. The first floor is vacant and ready for a an owner operator or investor looking to run a restaraunt/commercial kitchen, while the second floor is a 2 -bedroom apartment currently rented for $1,000/month. Upstairs fair market rent through HUD is $1,570. Note: Upstairs unit photos were taken prior to this tenant’s occupancy. A perfect blend of commercial and residential units in a high traffic location!
  1. Listed by Susan Ringenary • Weichert Realtors-Burlington
    P: 6092061767 ring4njhomes@gmail.com

Property Details for 131 Rancocas Road

Tax ID Number
23-00041-00036
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Colonial
Waterfront
No
Garage
No
Municipality
MOUNT HOLLY TWP
Central Air
No

Location

Listing Courtesy of Weichert Realtors-Burlington
Add your commute
LISTING UPDATED: 04/05/2024 01:58 AM

Property Details for 131 Rancocas Road

StatusActive
MLS #NJBL2058428
Days on Market111
Taxes$4,181 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.09 AC / 3,707 SF
CountyBurlington County

Location

Listing Courtesy of Weichert Realtors-Burlington
Add your commute

Building Information for 131 Rancocas Road

Stories-Residences2Year Built1900Building Size-Lot Size0.09 AC / 3,707 SF

Payment Calculator

$1,631 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,282

Property Taxes

$348

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 131 Rancocas Road

Location
Location
  • School District Name: MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200397505
  • SchoolDistrictSource: Listing Agent
  • High School: RANCOCAS VALLEY REG. H.S. (BURLINGTON NJ)
  • HighSchoolSource: Listing Agent
  • County: BURLINGTON
  • MLS Area: Mount Holly Twp (20323)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $124,600
  • Year Assessed: 2023
  • Improvement Assessed Value: $93,500
  • Land Assessed Value: $31,100
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R3
  • Tax Lot: 00036
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Unit Type Lease Type: None
  • Beds Total: 0
  • Half Baths Count: 1
  • Full Baths Count: 0
  • Unit Type Features: Commercial Kitchen
  • Total Rooms: 3
Financial Information
Financial Information
  • Annual Rental Income: $12,000
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 36.00 x 103.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1690880
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 131 Rancocas Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 131 Rancocas Road

Taxable ValueLand$31,100Additions$93,500Total$124,600
Tax Record2022$4,035 ($336 / month)
Home Facts
Total Finished SqFt1,314 SqFtAbove Grade Finished SqFt1,314 SqFtStories3Lot Size3,707 SqFtStyleMiscellaneous CommercialYear Built1909ZoningR3CountyBURLINGTONAPN23 00041-0000-00036

Schools near 131 Rancocas Road

This home is within Mount Holly Township Public School District.
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.

Similar Homes

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131 Rancocas Road is a multi-family home for sale in Mount Holly, NJ 08060. This property was listed for sale on January 9, 2024 by Weichert Realtors-Burlington, it's currently listed at $235,000. It has been on the market for a total of 111 days and was last sold on September 1, 2021. This listing's school districts are Mount Holly Township Public School District, Rancocas Valley Regional High School District. Nearby schools include John Brainerd Elementary School, Gertrude Folwell Elementary School and F.W. Holbein Middle School. 131 Rancocas Road is a 0-bed, 0-bath, 1,843 sqft multi-family home built in 1900.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert Realtors-Burlington

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.