21 N Lenola Rd Moorestown, NJ 08057
Estimated payment $3,502/month
Highlights
- Cape Cod Architecture
- Backs to Trees or Woods
- Back Up Gas Heat Pump System
- Mary E. Roberts Elementary School Rated A
- Central Air
- 1-minute walk to Jeff Young Memorial Park
About This Home
$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.
Listing Agent
(484) 830-1777 info@salasteam.net EXP Realty, LLC License #1325171 Listed on: 11/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,463
Year Built
- Built in 1908
Lot Details
- 8,712 Sq Ft Lot
- Backs to Trees or Woods
Home Design
- Duplex
- Cape Cod Architecture
- Wood Foundation
- Aluminum Siding
Interior Spaces
- 1,656 Sq Ft Home
- Basement
- Connecting Stairway
- Laundry in unit
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Utilities
- Central Air
- Back Up Gas Heat Pump System
- Natural Gas Water Heater
Community Details
- Gross Income $44,520
Listing and Financial Details
- Tax Lot 00046
- Assessor Parcel Number 22-01301-00046
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,464 | $226,100 | $107,900 | $118,200 |
| 2024 | $6,270 | $226,100 | $107,900 | $118,200 |
| 2023 | $6,270 | $226,100 | $107,900 | $118,200 |
| 2022 | $6,238 | $226,100 | $107,900 | $118,200 |
| 2021 | $4,624 | $226,100 | $107,900 | $118,200 |
| 2020 | $6,118 | $226,100 | $107,900 | $118,200 |
| 2019 | $6,007 | $226,100 | $107,900 | $118,200 |
| 2018 | $5,831 | $226,100 | $107,900 | $118,200 |
| 2017 | $5,870 | $226,100 | $107,900 | $118,200 |
| 2016 | $5,842 | $226,100 | $107,900 | $118,200 |
| 2015 | $5,766 | $226,100 | $107,900 | $118,200 |
| 2014 | $5,483 | $226,100 | $107,900 | $118,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $565,000 | +69.7% | $341 / Sq Ft | |
| 02/25/2021 02/25/21 | Sold | $333,000 | -0.6% | $201 / Sq Ft | View Prior Sale |
| 01/24/2021 01/24/21 | Pending | -- | -- | -- | |
| 01/16/2021 01/16/21 | For Sale | $335,000 | +26.4% | $202 / Sq Ft | |
| 07/21/2017 07/21/17 | Off Market | $265,000 | -- | -- | |
| 06/27/2017 06/27/17 | Sold | $265,000 | -11.6% | $160 / Sq Ft | View Prior Sale |
| 03/05/2017 03/05/17 | Price Changed | $299,900 | -8.8% | $181 / Sq Ft | |
| 01/21/2017 01/21/17 | For Sale | $329,000 | +93.5% | $199 / Sq Ft | |
| 08/10/2016 08/10/16 | Sold | $170,000 | +6.3% | $103 / Sq Ft | View Prior Sale |
| 07/18/2016 07/18/16 | Pending | -- | -- | -- | |
| 06/24/2016 06/24/16 | For Sale | $159,900 | -- | $97 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $333,000 | Fidelity National Title | |
| Deed | $333,000 | Fidelity National Ttl Ins Co | |
| Deed | $265,000 | Foundation Title | |
| Deed | $170,000 | Platinum Abstract Co | |
| Sheriffs Deed | -- | Attorney | |
| Deed | -- | I Abstract & Title Agency | |
| Deed | -- | -- | |
| Bargain Sale Deed | $230,000 | Congress Title | |
| Interfamily Deed Transfer | -- | -- | |
| Bargain Sale Deed | $141,400 | Congress Title Corp |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $180,000 | Commercial | |
| Previous Owner | $207,000 | Stand Alone First | |
| Previous Owner | $140,250 | FHA |
Source: Bright MLS
MLS Number: NJBL2101246
APN: 22-01301-0000-00046
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