Check Availability
$899,000
↓ $351K (28.1%)
● Multifamily - For Sale

Undisclosed Address

MOUNT HOLLY, NJ
bedrooms
12 Beds
bathrooms
0 Bath
square feet
13,000 Ft²
$6,273
Est. Monthly

About This Property

PRIME MIXED-USE INVESTMENT OPPORTUNITY
13,000± SF | Historic Downtown Mount Holly | Significant Value-Add Potential

55–61 High Street presents a unique opportunity to acquire a substantial 13,000± square foot property in the heart of historic Downtown Mount Holly. The property offers a combination of existing commercial income and significant future residential upside, making it an attractive opportunity for investors, developers, and owner-users.

The first floor features four fully occupied commercial storefronts, providing established in-place income from multiple tenants. Tenants are responsible for their own utilities and applicable expenses, helping provide a more predictable operating structure for the owner.

The upper levels offer substantial value-add potential, with the building having Plans for six (6) two-bedroom residential apartments. The current owner is also actively pursuing a zoning change to permit mixed-use and multifamily development, which could further enhance the property's redevelopment potential and allow for the proposed residential component.

A rear lot on Brainerd Street is included with the property, providing additional flexibility for parking, rear access, outdoor space, or potential future development, subject to applicable approvals.

Prime Downtown Mount Holly Location

Situated prominently along High Street in the center of Downtown Mount Holly, the property benefits from excellent visibility and proximity to the borough's restaurants, shops, professional services, entertainment, municipal facilities, and other downtown amenities.

Mount Holly's historic downtown continues to attract investment and redevelopment, creating an attractive environment for properties that combine commercial and residential uses. The property's location also provides convenient access to major South Jersey roadways and Philadelphia.

Investment Highlights
13,000± SF property
Four fully occupied commercial storefronts
Established in-place rental income
Tenants pay their own utilities and applicable expenses
Preliminary approvals for six (6) two-bedroom apartments
Owner is pursuing rezoning for mixed-use/multifamily use
Significant potential for additional residential income
Rear lot on Brainerd Street included
Potential for additional parking and rear access
Excellent High Street visibility
Located in the heart of historic Downtown Mount Holly
Close to restaurants, retail, professional services, and entertainment
Strong value-add and redevelopment potential
Opportunity to create a diversified commercial and residential income-producing property

55–61 High Street offers investors the opportunity to acquire a substantial downtown asset with income in place and significant potential for future growth. The combination of existing commercial occupancy, preliminary residential approvals, ongoing efforts to secure mixed-use/multifamily zoning, and the included rear lot creates multiple avenues for increasing the property's income and long-term value.
Unit Size
13,000 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$69
Property Type
Multifamily
Property Taxes
$1,859
HOA Dues
-
Year Built
-

Listed By

Dawn Varallo
BHHS Fox & Roach-Marlton

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Last updated: 3 days ago (Bright MLS #NJBL2121010)

Price History

Date / Event Date Event Price
Nov 5, 2026 Price Decreased $899,000
↓ $351K (28.1%)
Price Decreased
Sep 18, 2026 Listed by BHHS Fox & Roach-Marlton $1,250,000
Listed by BHHS Fox & Roach-Marlton

Property Highlights

Air Conditioning
Parking Details
Parking Features: Parking Lot
Exterior Details
Square Footage: 13000
Square Footage Source: $0
Architectural Style: Other
Year Built Source: Estimated
Year Built: 1970
Other Structures: Above Grade
Construction Materials: Brick
Lot Size Area: 5097
Lot Size Units: Square Feet
Lot Size Acres: 0.12
Lot Size Square Feet: 5097
Lot Size Dimensions: 75.00 x 68.00
Tax Lot: 00007
Water Source: Public
Financial Details
Tax Assessed Value: $595,900
Tax Annual Amount: $22,303
Utilities Details
Cooling Type: Central Air
Heating Type: Radiator
Sewer : Public Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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