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Jon Cohen

jon@joncohenteam.com +1(856) 669-1424

Listed by Tim Belko • BHHS Fox & Roach-Washington-Gloucester

$ 439,900

Est. payment | -/mo

2,100 SqFt

Save

$ 439,900

Est. payment | -/mo

Save

2,100 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $209

Subdivision Willow Turn

MLS Listing ID NJBL2117666

Style Contemporary

Abv Grd Liv Area 2,100

Year Built 1979

Available Date 2026-08-14

Annual Tax Amount $5,820

Tax Year 2025

Lot Size 6,764 Sqft

Acres 0.16

Lot Dimensions 38.00 x 178.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property 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 targeted 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.

Location

State NJ

County Burlington

Area Mount Laurel Twp (20324)

Zoning RES

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Fully Carpeted, Vinyl, Tile/Brick

Fireplace N

Window Features Replacement

Heat Source Electric

Exterior

Parking Features Inside Access

Garage Spaces 6.0

Utilities Available Cable TV Available

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Attached Garage 2

Total Parking Spaces 6

Garage Y

Private Pool No

Building

Foundation Slab

Above Ground Finished SqFt 2100

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Lenape Reg

School District Mount Laurel Township Public Schools

Others

Tax ID 24-00303 03-00036

Ownership Fee Simple

SqFt Source 2100

Acceptable Financing Conventional, FHA 203(b)

Listing Terms Conventional, FHA 203(b)

Financing Conventional,FHA 203(b)

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(856) 669-1424

jon@joncohenteam.com

983 Haddon Ave, Collingswood, NJ, 08108, USA

105 WILLOW TURN Mount Laurel, NJ 08054

Jon Cohen

Key Details

Location

Interior

Exterior

Building

Schools

Others

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105 WILLOW TURN