21 N Lenola Road, Moorestown, NJ 08057

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Sold Price
$490,000
List Price
$490,000
Closing Date
Jun 02, 2026
Days on Market
99
Status
CLOSED
MLS#
NJBL2101246
Living Area
1,656
Lot Size (Acres)
0.2
Style
Cape Cod
Year Built
1908
County
Burlington
School District
Moorestown Township Public Schools

Property Description

$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.

Additional Information

Area
Moorestown Twp (20322)
Taxes
$6,463
Heating
Heat Pump - Gas BackUp
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact:

Selling Office: .