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.
Sold for $141,500
$141,500
7 Federal St, Mount Laurel, NJ 08054
1beds
718sqft
Single Family Residence
Built in 1940
10,454 Square Feet Lot
$-- Zestimate®
$197/sqft
$1,833 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,833/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 25, 2026 at 08:53am
Listed by:
John Zeigler 856-206-0413,
Vylla Home
Bought with:
William F. Cupe III, 2295384
Compass New Jersey, LLC - Haddon Township
Source: Bright MLS,MLS#: NJBL2103896
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- None
Cooling
- None
Appliances
- Included: Electric Water Heater
- Laundry: Hookup, Lower Level
Features
- Bathroom - Tub Shower, Floor Plan - Traditional, Kitchen - Galley, Block Walls, Unfinished Walls
- Flooring: Rough-In, Other
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 718
- Total interior livable area: 718 sqft
- Finished area above ground: 718
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Exterior features: Lighting
- Pool features: None
- Has view: Yes
- View description: Street
- Frontage type: Road Frontage
- Frontage length: Road Frontage: 134
Lot
- Size: 10,454 sqft
- Dimensions: 130 x 79
- Features: Cleared, Front Yard, Level, No Thru Street, Open Lot, Rear Yard, SideYard(s), Middle Of Block
Details
- Additional structures: Above Grade, Below Grade
- Additional parcels included: Potential for expansion
- Parcel number: 2401304 0500006
- Zoning: RESIDENTIAL
- Zoning description: SFR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Foundation: Block
- Roof: Architectural Shingle,Composition,Pitched,Shingle
Condition
- Fixer
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: On Site Septic
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Mount Laurel
- Subdivision: None Ava Ilable
- Municipality: MOUNT LAUREL TWP
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Private Financing Available,Other
- Ownership: Fee Simple
- Road surface type: Black Top
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Sold | $141,500+8.9%$197/sqft |
Source:  Bright MLS #NJBL2103896 Report a problem | ||
| 2/14/2026 | Pending sale | $129,900$181/sqft |
Source: Bright MLS #NJBL2103896 Report a problem | ||
| 2/2/2026 | Listed for sale | $129,900$181/sqft |
Source: Bright MLS #NJBL2103896 Report a problem | ||
| 1/29/2026 | Pending sale | $129,900$181/sqft |
Source: Bright MLS #NJBL2103896 Report a problem | ||
| 1/16/2026 | Listed for sale | $129,900+224.8%$181/sqft |
Source: Bright MLS #NJBL2103896 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,511 +3.9% | $111,200 |
| 2024 | $3,378 | $111,200 |
| 2023 | -- | $111,200 |
Find assessor info on the county website
Neighborhood: Ramblewood
Nearby schools
GreatSchools rating
- 5/10Countryside Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 5/10T E Harrington Middle SchoolGrades: 7-8Distance: 4.1 mi
- 5/10Lenape High SchoolGrades: 9-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Mt. Laurel
- Middle: Mt. Laurel
- High: Lenape H.s.
- District: Lenape Regional High
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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