Property

Mount Holly, NJ 08060 40 Union Street

Pending
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Presented By: Better Homes and Gardens Real Estate Maturo
  • MLS# NJBL2097558
  • 10/10/2025
  • Request Tour
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  • Beds • 4

Home Details

Dont miss this exceptional investment opportunity in the heart of Mt. Holly! This well-maintained duplex features a one-bedroom unit downstairs and a three-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. The Upstairs unit offers 3-bedrooms with additional large bonus rooms. It has also been leased to a long-term tenant. 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. 40 Union 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. All schools are just a short walk from the property. 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!
Presented By: Better Homes and Gardens Real Estate Maturo

Interior Features for 40 Union Street

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
BasementFull, Interior Access, Unfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringHardwood
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior Amenities2nd Kitchen
Total Stories3

General for 40 Union Street

Acceptable FinancingFHA, Conventional, Cash, USDA, VA
Accessibility2+ Access Exits, 32 + wide Doors, 36 + wide Halls
AppliancesRefrigerator, Stove, Dryer, Washer
Architectural StyleColonial, Converted Dwelling
Association Recreation FeeN
CityMOUNT HOLLY
Construction MaterialsBrick, Copper Plumbing, Frame, Mixed Plumbing
Cool FuelElectric
CoolingNone
CountyBURLINGTON
DirectionsHigh st to Broad St, go 1 block and turn right on Buttonwood St, then go 1 block and turn right onto Union St to #40 on the left.
Electric100 Amp Service
Exclusionsall tenant personal property
Garage Y/NNo
HeatingHot Water, Radiator
Home Warranty Y/NNo
Lease TypeMonth to Month
Living Area2132
Lot Size Square Feet4112.00
Lot Size UnitsSquare Feet
MLS AreaMount Holly Twp (20323)
MunicipalityMOUNT HOLLY TWP
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnerPaysSewer, Taxes - Real Estate, Water
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG147.75
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofPitched, Shingle
School DistrictMOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeTwin/Semi-Detached
Tax Annual Amount6143.0
Tax Assessed Value175000.0
Tax Lot00014
Tax Year2024
Total Actual Rent24480.00
Total Rooms10
Total SQFT2132
TransportationBus Stop less than 1 mile
Two Bedroom0
UtilitiesNatural Gas Available, Electric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1885
Year Built SourceAssessor
ZoningR3

Exterior for 40 Union Street

Exterior AmenitiesOutbuilding(s)
Foundation DetailsBrick/Mortar, Stone
Inclusionsrefrigerator, range
Land Assessed Value28600.00
Land Use Code
Lot Dimensions28.00 x 147.00
Lot Size Acres0.09
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesUnassigned
PoolNo Pool
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School F.W. Holbein M.S.
Elementary School Gertrude Folwell E.S.
High School Rancocas Valley Regional High School

Tina Torres

Broker/Owner
Price $315,000
MLS#NJBL2097558
List Date 10/10/2025
Property Type Pending
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