7 months on rocket

2430 Rte 206, Mount Holly, NJ, 08060

$325,000

Home List Price

$3,859*

Closing Credit

0 Baths
1,856 SqFt
$175/SqFt
Multi

Location

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2430 Rte 206, Mount Holly$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingDriveway, Parking Lot
Year Built1950
HeatingBaseboard
CoolingWall Unit(s)
BasementYes
MLS #NJBL2063850
Lot Size0.51 Acres
StatusActive
(ACTIVE)

About 2430 Rte 206

***OFFER HAS BEEN ACCPETED - NOT SCHEDULING ANY ADDITIONAL SHOWINGS AT THIS TIME*** 9.42 CAP RATE! Excellent investment opportunity in Mount Holly, NJ. Conveniently located within minutes of several major highways and the NJ Turnpike offering easy access to Philadelphia. 2430 Route 206 features three fully occupied rental units with long-term tenants and excellent rental income. Unit 1 is a studio that rents out for $900, Unit 2 is a 2-bedroom that rents out for $1,200 & Unit 3 is a 2-bedroom that rents out for $1,200. All units are well maintained with significant upgrades throughout. There is a common patio shared by all three units and reserved onsite parking. Property is septic and well. All separate utilities in place for tenants with the landlord covering oil, insurance & taxes. This is an excellent investment opportunity with major upside.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1950
  • Living Area: 1,856 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach-Marlton
  • Office Phone: (856) 810-5300
  • Listing Agent: Jonathan Zachary Benstead

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Driveway, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Mount Holly Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $175/SqFt
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Housing Market Comparison

See how this home compares to others in Mount Holly, NJ.

Med. Sold Price

$410K

Med. Price/SqFt

$220

Avg. Days On Market

28

# of Sold Homes

29

2430 Rte 206 vs Mount Holly

219 DAYS ON ROCKET

+191 Days

$325,000

-$85K Less

$175/SqFt

-$46 Less

KEY TAKEAWAY

This property is $85K less than the Median Sold Price and $46/SqFt less than other homes in Mount Holly, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJBL2063850

Listing Office:

  • Office Name: BHHS Fox & Roach-Marlton
  • Office Phone: (856) 810-5300
  • Listing Agent: Jonathan Zachary Benstead

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,690

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-951359
3
/10
  • Bobby's Run Elementary School

  • 32 Dimsdale Dr

  • 2.67 miles

  • Public District Grades 4-5

school-card-donut-951360
5
/10
  • Gertrude C. Folwell Elementary School

  • 455 Jacksonville Rd

  • 2.70 miles

  • Public District Grades 3-5

school-card-donut-951361
2
/10
  • Samuel T. Busansky School

  • 16 Scrapetown Rd

  • 3.30 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,628. The most common annual income of people living in Mount Holly, NJ is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyBurlington CountyMount Holly080602430 Rte 206

This home is located at 2430 Rte 206 in Mount Holly, NJ and zip code 08060. This 1,856 square foot home, which was built in 1950, sits on a 0.51 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $325,000.

In October 2024, from all listings sold in Mount Holly, NJ there were more than 10 sold above asking price, over 10 sold below and more than 9 were sold right at the asked price. The number of homes for sale in Mount Holly, NJ decreased by 12.2% between September 2024 and October 2024. Listings spent 28 days on the market in October 2024, and had a median list price of $410,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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