Property

Moorestown, NJ 08057 21 N Lenola Road

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Presented By: EXP Realty, LLC
  • MLS# NJBL2101246
  • 11/19/2025
  • Request Tour
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  • Beds • 5

Home Details

$44,520 Gross Annual Income Fully Leased- Turnkey Duplex! Prime Investment Opportunity in Moorestown! Welcome to this outstanding multi-unit property, perfectly positioned in highly sought after Moorestown. This well-maintained building offers two fully leased units, generating an incredible monthly income of $3,710. Currently occupied: 2 bedroom unit at $1,650/mo through 12/31/26; and 3 bedroom unit at $2,060/mo through 5/31/26 . This garden style single property offers a blend of modern amenities and classic charm, ensuring high tenant appeal and retention. Each unit is designed for comfort and convenience, featuring recently renovated kitchens with dishwasher and refrigerator included, as well as in-unit laundry facilities. Strategically located near public transportation, township public schools, shops and restaurants, this property ensures easy access for tenants. The off-street and driveway parking options further increase tenant satisfaction. Investors can expect strong returns in a competitive rental market, driven by the property's prime location and modern upgrades. Seize the opportunity to add this gem to your portfolio and watch your investment flourish! Property contains solar panels and buyer to assume solar panel contract. Cost is approximately $30/month.
Presented By: EXP Realty, LLC

Interior Features for 21 N Lenola Road

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
BasementConnecting Stairway
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Laundry TypeDryer In Unit, Washer In Unit

General for 21 N Lenola Road

AccessibilityNone
Architectural StyleCape Cod
Association Recreation FeeN
Cap Rate6.00
CityMOORESTOWN
Construction MaterialsAluminum Siding
Cool FuelElectric
CoolingCentral A/C
CountyBURLINGTON
DirectionsNear the corner of Lenola and E. Camden Ave.
DisclosuresLead Based Paint - State, Prop Disclosure
Garage Y/NNo
HeatingHeat Pump - Gas BackUp
Historic Y/NNo
Home Warranty Y/NNo
Lease TypeYearly
Living Area1656
Lot Size Square Feet8712.00
Lot Size UnitsSquare Feet
MLS AreaMoorestown Twp (20322)
MunicipalityMOORESTOWN TWP
New ConstructionNo
Number Of Units Total1
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG341.18
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictMOORESTOWN TOWNSHIP PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount6463.0
Tax Assessed Value226100.0
Tax Lot00046
Tax Year2024
Total Actual Rent44520.00
Total Rooms5
Total SQFT1656
TransportationBus Stop less than 1 mile
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1908
Year Built SourceEstimated
ZoningDUPLEX

Exterior for 21 N Lenola Road

Foundation DetailsWood
Land Assessed Value107900.00
Lot Dimensions50 ft X 177 ft
Lot FeaturesBacks to Trees
Lot Size Acres0.20
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Parking FeaturesAsphalt Driveway
PoolNo Pool
SpaNo
Total Parking Spaces2
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $565,000
MLS#NJBL2101246
List Date 11/19/2025
Property Type Multi-Family
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