3400 Cove Merchantville, NJ $ 550,000
3400 Cove
$ 550,000
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3400 Cove

Merchantville, NJ, 08109
$ 550,000
Bedrooms-- Baths-- Sq 4,500

Monthly Estimate*

$ 3,473

3400 Cove, Merchantville, NJ 08109 - Image 1

Commercial Property for sale in Merchantville, NJ

for $550,000. This 4,500 square foot building was built in 2020 on a lot size of 0.07.

One property, four separate income-producing units, and a mix of residential and commercial use that gives an investor multiple ways to generate revenue from a single address. 3400 Cove Rd features three residential units along with a street-level commercial space currently operating as a barber shop. The residential mix includes a 3-bedroom unit and two 2-bedroom units, with finished attic areas adding additional usable room to two of the apartments. The commercial space includes its own half bath and an established tenant. With all four units currently occupied, the income is already in place. Three residential rentals combined with a commercial tenant also create a diversified rent roll rather than relying on a single source of income. Conveniently positioned near major roadways, shopping, public transportation and the surrounding Merchantville and Pennsauken area, the location keeps tenants connected to everyday necessities and employment centers throughout South Jersey and Philadelphia. For the investor looking to add multiple doors without purchasing multiple properties, this is where the opportunity gets interesting. Four occupied units, multiple income streams and a property already producing from day one. Take a closer look at what 3400 Cove Rd could add to your portfolio.

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Commercial Active

Price

$ 550,000

Property Type

Commercial

Taxes

$ 9,928

Style

Apartment Building,Hair Salon and Spa

Lot Size

0.07

Year Built

2020

Town/City

Merchantville

County/Region

Camden

MLS | Web ID

NJCD2125390

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
Total Restrooms 1
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General
Sewer Public Sewer
Heating Radiant Radiator
Cooling None
Possession 31-60 Days CD
Zoning RESIDENTIAL
Construction Materials Brick
Year Built 2020
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality MERCHANTVILLE BORO
Gross Income 81900.00
Business Type Apartment Building Hair Salon and Spa
Accessibility None
County CAMDEN
Net Operating Income 69812.00
Operating Expense 12088.00
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Apartments Barber/Beauty
Water Access Y/N N
Status ACTIVE
Directions Park Ave to Cove Rd
City MERCHANTVILLE
Number Of Units Total 4
MLS Area Merchantville Boro (20424)
Lot Size Units Square Feet
Lot Size Square Feet 2862.00
Tax Annual Amount 9928.0
Price Per Sq Ft Total AG 122.22
Acceptable Financing Cash Exchange Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 00033
Total Actual Rent 81900.00
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 4500.00
Lot Dimensions 44.00 x 65.00
Lot Size Acres 0.07
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 75600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3400
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* Excluded Features
List By
Real Broker, Llc

Broker

teamfalcaorep@gmail.com

Email

Affordability Calculator

$4,300
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,473
Monthly Property Taxes
$827
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
8/25/2026$550,000 Listed Price

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3400 Cove, Merchantville, NJ, 08109 is a Commercial Property for sale at $550,000 with 4,500 sqft and a lot size of 0.07. 3400 Cove was built in 2020. The property's zip code is 08109 which is in Merchantville, NJ