117 W Merchant Street
Audubon, NJ, 08106 $ 495,000
Bedrooms3 Baths0.0 Monthly Estimate*
$ 3,419
for $495,000 with 3 bedrooms. This home was built in 1920 on a lot size of 0.05.
Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Audubon! Ideally situated along Audubons charming Merchant Street business district, this fully occupied, income-producing property offers an outstanding opportunity to own a piece of one of South Jerseys most beloved Main Streets. The street level commercial space is home to the well-established Broken Anchor Barbershop, a beautifully maintained storefront featuring multiple barber stations, custom wood finishes, classic subway tile accents, industrial lighting, a private kitchenette/break area, and excellent street visibility in a thriving downtown setting. Above the commercial space are two residential apartments, each with private entrances. The first apartment is a bright and efficient studio, offering an open-concept layout with a full kitchen, spacious living/sleeping area, generous natural light, and neutral finishes. The second apartment is a comfortable two-bedroom unit featuring a separate bedroom with ample closet space, a full kitchen with abundant cabinetry and counter space, a spacious living room filled with natural light, and an inviting layout that appeals to long-term tenants. All three units are currently leased to excellent, long-standing tenants who would love to remain, providing immediate, stable cash flow from day one. Located in the heart of Audubons picturesque downtown, this property benefits from the vibrant energy of Merchant Street, where locally owned shops, restaurants, cafs, breweries, and year-round community events create a true smalltown Main Street experience. The combination of a thriving commercial tenant, two desirable residential apartments, and a walkable downtown location makes this a rare turnkey investment opportunity. Whether youre looking to expand your commercial portfolio or secure a turnkey property with diversified rental income, 117 W. Merchant Street offers the perfect combination of dependable cash flow, timeless Main Street charm, and long-term investment potential.
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FeaturesGeneralLiving Area 2080
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Central A/C Ductless/Mini-Split
Possession Negotiable
Roof Flat
Zoning COMMERCIAL
Architectural Style Other
Construction Materials Brick
School District AUDUBON PUBLIC SCHOOLS
Year Built 1920
Electric 100 Amp Service
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality AUDUBON BORO
Accessibility None
County CAMDEN
Insurance Expense 2300.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 1500.00
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions White Horse Pike to W. Merchant
City AUDUBON
Disclosures Lead Based Paint - State Prop Disclosure
Number Of Units Total 3
MLS Area Audubon Boro (20401)
Lot Size Units Square Feet
Lot Size Square Feet 2000.01
Number of Units Leased 3
Tax Annual Amount 7501.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 237.98
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
Tax Lot 00002 01
Total Actual Rent 40500.00
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InteriorHeating Fuel Natural Gas
Flooring Ceramic Tile Hardwood
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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ExteriorExterior Amenities Exterior Lighting Sidewalks Street Lights
Pool No Pool
Water Source Public
Inclusions light fixtures appliances
Type of Parking Parking Lot On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams RealtyBroker
melissa.ann.connell@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,419
- Monthly Property Taxes
- $625
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Audubon, NJ
Average List Price $722,450
Percent of Sale Price 46%
About Audubon, NJ 8,806 Population
-4% Since 2002
$ 76,680 Median Income
41.57 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
3535363 Elementary School
3533736 Middle School
Audubon H.S. High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/15/2026 | $495,000 | | Listed Price |