607 W Maple Avenue Merchantville, NJ $ 4,500,000
607 W Maple Avenue
$ 4,500,000
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607 W Maple Avenue

Merchantville, NJ, 08109
$ 4,500,000
Bedrooms-- Baths-- Sq 20,094

Monthly Estimate*

$ 28,413

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Commercial Property for sale in Merchantville, NJ

for $4,500,000. This 20,094 square foot building was built in 1984 on a lot size of 0.57.

21-Unit Value-Add Apartment Community | Extensively Renovated | Turnkey Investment Opportunity Property Overview 607 W. Maple Avenue presents the opportunity to acquire a substantially renovated 21-unit multifamily community consisting of three residential buildings in the desirable Borough of Merchantville, Camden County, New Jersey. Current ownership has completed an extensive capital improvement program that has transformed the property into a modern, turnkey investment with significantly reduced deferred maintenance and strong long-term income potential. Over the course of ownership, nearly every major building system has been replaced or upgraded, including electrical, HVAC, roofing, windows, plumbing, insulation, and apartment interiors. These improvements provide investors with a stabilized asset requiring minimal near-term capital expenditures while offering modern amenities that attract and retain quality tenants. Investment Highlights 21 apartment units across three well-maintained residential buildings Extensive property-wide renovation and capital improvement program completed Complete replacement of electrical infrastructure, including new 600-amp services, individual meters, panels, wiring, and transformer Brand-new high-efficiency forced-air heating and central air conditioning installed in every apartment New hot water heaters and plumbing upgrades throughout Renovated kitchens featuring new cabinetry, stainless steel appliances, and dishwashers Updated bathrooms with modern fixtures and finishes New flooring and interior finishes throughout the property New roofs, plywood decking (where required), gutters, windows, and attic insulation Exterior stucco repairs, painting, landscaping, lighting, walkways, mailboxes, and site improvements Individually metered electric service Modern building systems significantly reduce future maintenance and capital costs Strong curb appeal with professionally improved exterior presentation Turnkey investment positioned for long-term stable cash flow Location Located in the heart of Merchantville, the property offers convenient access to Route 38, Route 70, Route 130, Interstate 295, the New Jersey Turnpike, and the Ben Franklin Bridge, providing quick connectivity to Philadelphia and the surrounding South Jersey markets. Residents enjoy proximity to shopping, dining, public transportation, major employers, and recreational amenities. Investment Opportunity 607 W. Maple Avenue represents a rare opportunity to acquire a fully renovated multifamily asset where ownership has already completed the heavy lifting. With modern infrastructure, updated apartment interiors, and significantly reduced deferred maintenance, the property is ideally suited for investors seeking a stabilized, low-maintenance apartment community with long-term appreciation potential in a strong South Jersey rental market.

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Commercial Active

Price

$ 4,500,000

Property Type

Commercial

Taxes

$ 50,717

Style

Apartment Building

Lot Size

0.57

Year Built

1984

Town/City

Merchantville

County/Region

Camden

MLS | Web ID

NJCD2121240

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession 31-60 Days CD
Zoning R-4 RESIDENTIAL MULTIFAM
Construction Materials Block
Year Built 1984
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality MERCHANTVILLE BORO
Business Type Apartment Building
Accessibility None
County CAMDEN
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Major Regional Highways : U.S. Route 130: Located directly to the west. West Maple Avenue feeds straight into Route 130 which acts as a primary multi-lane highway leading toward the Betsy Ross Bridg
City MERCHANTVILLE
Number Of Units Total 0
MLS Area Merchantville Boro (20424)
Lot Size Units Square Feet
Lot Size Square Feet 24999.00
Tax Annual Amount 50717.0
Price Per Sq Ft Total AG 223.95
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 00012
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 20094.00
Lot Dimensions 100.00 x 250.00
Lot Size Acres 0.57
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 147000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 607
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* Excluded Features
List By
Bhhs Fox & Roach-Marlton

Broker

dawnvarallo@gmail.com

Email

Affordability Calculator

$32,640
Per Month
87%
13%
0%
Monthly Principal & Interest
$28,413
Monthly Property Taxes
$4,226
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2026$4,500,000 Listed Price

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607 W Maple Avenue, Merchantville, NJ, 08109 is a Commercial Property for sale at $4,500,000 with 20,094 sqft and a lot size of 0.57. 607 W Maple Avenue was built in 1984. The property's zip code is 08109 which is in Merchantville, NJ