105 Willow Turn, MOUNT LAUREL, New Jersey image 1

Active

MLS: #NJBL2117666, Listed By: Timothy Belko, BHHS Fox & Roach-Washington-Gloucester, Source:Bright MLS

105 Willow Turn

MOUNT LAUREL, NJ 08054

$439,900 $1,854/Mo

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Overview

Bed

Bath

2,100

Sqft

0.16

Acre(Lot)

Description

Attention investors — 105 Willow Turn in Mount Laurel presents a fully occupied, income-producing duplex with immediate cash flow, below-market rents, and genuine value-add potential in one of South Jersey's most consistently strong rental markets. Both units are rented month-to-month — Unit 1 is a 2-bedroom, 1-bath currently at $1,650/month and Unit 2 is a 2-bedroom, 2-bath currently at $1,425/month — generating $3,075 in combined monthly income and $36,900 in annual gross revenue from day one. The value-add story here is compelling: current market rents for comparable units in Mount Laurel are approximately $2,100/month for a 2-bedroom, 1-bath and $2,200/month for a 2-bedroom, 2-bath — meaning a disciplined lease renewal strategy alone can push monthly income toward $4,300, and a targete d cosmetic renovation between tenancies could realistically bring combined monthly income to approximately $4,300 with stabilized market rents — a potential increase of over $1,200 per month and nearly $15,000 in additional annual gross income. Electric is split with each tenant paying their own, keeping landlord expenses lean and limited to water (Landlord bills back to the Tenant) and sewer only. There is no HOA, eliminating an additional expense and giving the new owner maximum flexibility over the asset. An attached garage adds further value. This property is also available as part of a two-property portfolio acquisition alongside 107 Willow Turn — offering a combined annual gross income of $71,400 at current rents, with a combined market rate upside significantly better once both properties are stabilized. Mount Laurel's proximity to I-295, the New Jersey Turnpike, Route 73, and Route 38 — approximately 20 minutes to Philadelphia and an hour to the Jersey Shore — keeps vacancy low and tenant demand high. Whether you are an experienced portfolio investor or a first-time buyer seeking a turnkey entry point with real upside, this one deserves a serious look. Contact the listing agent to schedule your showing today.

Property Details

Property Type : Residential Income

Price : $439,900

AD Id : 89060940

MLS Id : NJBL2117666

Beds : 4

Lot Size : 0.16 Acre

Living Area Size : 2,100

Year Built : 1979

Garage : 2

County : BURLINGTON

Subdivision: Willow Turn

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4
Flooring Information

Carpet, Vinyl
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

Building Information

Year Built: 1979 Building Area Total: 2100 Construction Materials: Vinyl Siding, Brick Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: 38.00 x 178.00 Lot Size Acres: 0.16 Lot Size Source: Assessor Lot Size Square Feet: 6764

Property Information

Subdivision: WILLOW TURN Source Property Type: Residential Income Postal Code Plus 4: 3142 Property SubType: Duplex Property Age: 47

Listing Price Information

Listing Price: $439900

Tax Information

Parcel Number: 24-00303 03-00036 Tax Lot: 00036 Tax Year: 2025 Annual Tax: $5820

Parking Information

Parking Total: 6 Asphalt, Garage, Driveway, Inside Entrance, Attached

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

School Information

Elementary School:

Junior High School:

Senior High School: LENAPE REG
Utility Information

Cable Available
Location Information

Direction: Route #38 to Larchmont Blvd to left on Willow Turn WaterSource: Public

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