$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.
For sale
Price cut: $35K (1/15)
$510,000
21 N Lenola Rd, Moorestown, NJ 08057
5beds
2baths
1,656sqft
Est.:
Duplex
Built in 1908
-- sqft lot
$561,800 Zestimate®
$308/sqft
$-- HOA
What's special
Garden style single propertyRecently renovated kitchensIn-unit laundry facilitiesSolar panels
- 60 days |
- 1,765 |
- 55 |
Zillow last checked: 9 hours ago
Listing updated: January 14, 2026 at 08:32pm
Listed by:
Danielle Py-Salas 484-430-1777,
EXP Realty, LLC
Source: Bright MLS,MLS#: NJBL2101246
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Heat Pump, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
- Laundry: Dryer In Unit, Washer In Unit
Features
- Basement: Connecting Stairway
- Has fireplace: No
Interior area
- Total structure area: 1,656
- Total interior livable area: 1,656 sqft
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 8,712 Square Feet
- Dimensions: 50 ft x 177 ft
- Features: Backs to Trees
Details
- Additional structures: Above Grade
- Parcel number: 220130100046
- Zoning: DUPLEX
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Duplex
Materials
- Aluminum Siding
- Foundation: Wood
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Moorestown
- Municipality: MOORESTOWN TWP
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $226,100
- Annual tax amount: $6,463
- Date on market: 11/19/2025
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
- Total actual rent: 44520
Estimated market value
$561,800
$534,000 - $590,000
$1,776/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Price change | $510,000-6.4%$308/sqft |
Source: | ||
| 1/6/2026 | Price change | $545,000-3.5%$329/sqft |
Source: eXp Realty #NJBL2101246 Report a problem | ||
| 11/19/2025 | Listed for sale | $565,000+69.7%$341/sqft |
Source: | ||
| 11/11/2025 | Listing removed | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/21/2025 | Price change | $1,650-5.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,464 +3.1% | $226,100 |
| 2024 | $6,270 | $226,100 |
| 2023 | -- | $226,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,441/mo
Principal & interest
$2433
Property taxes
$829
Home insurance
$179
Climate risks
Neighborhood: 08057
Nearby schools
GreatSchools rating
- 9/10Mary E. Roberts Elementary SchoolGrades: PK-3Distance: 1.4 mi
- 7/10Wm Allen Iii Middle SchoolGrades: 7-8Distance: 2.6 mi
- 8/10Moorestown High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- District: Moorestown Township Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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