40 Union St Mount Holly, NJ 08060
Estimated payment $2,182/month
Highlights
- Very Popular Property
- Second Kitchen
- Wood Flooring
- Rancocas Valley Regional High School Rated A-
- Colonial Architecture
- More Than Two Accessible Exits
About This Home
Don’t 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!
Listing Agent
(609) 234-4495 frankj@southjerseyfrank.com Better Homes and Gardens Real Estate Maturo License #0233189 Listed on: 10/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,143
Year Built
- Built in 1885
Lot Details
- 4,112 Sq Ft Lot
- Lot Dimensions are 28.00 x 147.00
- Property is in excellent condition
Home Design
- Duplex
- Colonial Architecture
- Converted Dwelling
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
- Frame Construction
- Pitched Roof
- Shingle Roof
- Copper Plumbing
Interior Spaces
- 2,132 Sq Ft Home
- Ceiling height of 9 feet or more
- Wood Flooring
Kitchen
- Second Kitchen
- Stove
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- On-Street Parking
- Unassigned Parking
Accessible Home Design
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
Outdoor Features
- Shed
- Outbuilding
Schools
- Gertrude Folwell Elementary School
- F.W. Holbein Middle School
- Rancocas Valley Regional High School
Utilities
- Radiator
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00014
- Assessor Parcel Number 23-00053-00014
Community Details
Overview
- 2 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
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 | $6,144 | $175,000 | $28,600 | $146,400 |
| 2024 | $5,873 | $175,000 | $28,600 | $146,400 |
| 2023 | $5,873 | $175,000 | $28,600 | $146,400 |
| 2022 | $5,667 | $175,000 | $28,600 | $146,400 |
| 2021 | $5,574 | $175,000 | $28,600 | $146,400 |
| 2020 | $5,357 | $175,000 | $28,600 | $146,400 |
| 2019 | $5,236 | $175,000 | $28,600 | $146,400 |
| 2018 | $5,143 | $175,000 | $28,600 | $146,400 |
| 2017 | $5,010 | $175,000 | $28,600 | $146,400 |
| 2016 | $4,895 | $175,000 | $28,600 | $146,400 |
| 2015 | $4,792 | $175,000 | $28,600 | $146,400 |
| 2014 | $4,615 | $175,000 | $28,600 | $146,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | For Sale | $315,000 | 0.0% | $148 / Sq Ft |
| 04/01/2015 04/01/15 | Rented | $875 | 0.0% | -- |
| 04/01/2015 04/01/15 | Under Contract | -- | -- | -- |
| 03/24/2015 03/24/15 | For Rent | $875 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | $190,000 | None Available | |
| Deed | $150,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $161,400 | Purchase Money Mortgage |
Source: Bright MLS
MLS Number: NJBL2097558
APN: 23-00053-0000-00014
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