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$141,500
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Property Description
This 1940 Bungalow presents a prime investment opportunity for those looking to capitalize on a property requiring major rehabilitation. The interior features a traditional floor plan with a galley kitchen and a full bathroom equipped with a tub shower, offering a solid foundation for renovation. The full unfinished basement provides additional potential for expansion or storage. Set on a spacious 0.24-acre lot, the property boasts a level, cleared yard with ample road frontage and side yard space, ideal for additional build or outdoor enhancements. Located in a quiet area with no thru traffic, it offers a peaceful environment while remaining conveniently close to public transportation options, with a bus stop less than a mile away. With driveway parking for two vehicles and the potential for significant appreciation post-renovation, this property is a promising venture for investors seeking to create value in a growing market. The street view adds to its charm, making it a compelling choice for future rental or resale opportunities. Roof and trusses were recently installed in October 2025. Seller encourages all interested and qualified buyers to submit your Highest & Best offer no later than January 28th, 2026.
Full Property Details
Full Property Details for 7 Federal St
General
- Sold For: $141,500
- Taxes: $3,736 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: NJBL2103896
- Added to Site: 88 day(s) ago
Interior
- Interior Features: Bathroom - Tub Shower, Floor Plan - Traditional, Kitchen - Galley
- Flooring: Rough-In, Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Exterior
- Exterior Features: Exterior Lighting
Parking
- Total Spaces: 2
- Parking Features: Dirt Driveway
- Parking Type: Driveway, On Street
Location
- Area: Mount Laurel Twp (20324)
- Municipality: MOUNT LAUREL TWP
- County: BURLINGTON
- Subdivision: NONE AVA ILABLE
- Cross Streets: Beaver
- Driving Directions: Rt 73 to Church Rd approx 1.5 miles to R on Beaver L on Federal.
- Location Details: Middle Of Block
School Information
- School District: Lenape Regional High
- Elementary School: Mt. Laurel
- Middle School: Mt. Laurel
- High School: Lenape H.S.
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Public
- Utility Description: Electric Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Bungalow
- Structure Type: Detached
- Construction: Block, Concrete
- Basement: Yes
- Basement Desc.: Full, Interior Access, Unfinished
- Foundation: Block
- Roof: Architectural Shingle, Composite, Pitched, Shingle
- Walls/Ceilings: Block Walls, Unfinished Walls
- Stories Description: Main
- Square Feet: 718
- Sq. Ft. Source: Assessor
- Living Area: 718 Sq. Ft.
- Finished Above Grnd: 718 Sq. Ft.
- Year Built: 1940
- Year Built Source: Estimated
- Property Condition: Major Rehab Needed
Lot Features
- Property View: Street
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size Source: Estimated
- Lot Dimensions: 130 x 79
- Frontage Feet: 134
- Street/Road Desc.: Black Top
- Zoning: RESIDENTIAL
- Lot Description: Cleared, Front Yard, Level, No Thru Street, Open, Rear Yard, Road Frontage, SideYard(s)
Financial Considerations
- Price Per Sq. Ft.: $180.92
- Assessment Year: 2025
- County Tax Freq: Annually
- Tax w/Assessment: $111,200
- Tax Amount: $3,736
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 6
Listed by Vylla Home, John W. Zeigler
Sold by Compass New Jersey, LLC - Haddon Township, William F. Cupe III
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Schools
Schools serving 7 Federal St
School Districts:Mount Laurel Township School District, Lenape Regional School District
| Name | Grades | Distance |
|---|---|---|
Countryside Elementary School 115 Schoolhouse Lane, Mount Laurel Township, NJ 08054 | PK-4 | 0.6 mi |
T E Harrington Middle School 514 Mount Laurel Road, Mount Laurel Township, NJ 08054 | 7-8 | 4.1 mi |
Lenape High School 235 Hartford Road, Medford, NJ 08055 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 Federal St
Date
Details
Price
Change
Source
3/18/2026
Sold
$141,500
8.93%
MLS
1/15/2026
Listed
$129,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7 Federal Street, Mount Laurel, NJ 08054 (MLS# NJBL2103896) is a Single Family property that was sold at $141,500 on March 18, 2026. Want to learn more about 7 Federal Street? Do you have questions about finding other Single Family real estate for sale in Mount Laurel? You can browse all Mount Laurel real estate or contact a Coldwell Banker agent to request more information.

