320 White Horse Pike
Waterford Works, NJ, 08089 $ 369,999
Bedrooms5 Baths0.0 Monthly Estimate*
$ 2,308
for $369,999 with 5 bedrooms. This home was built in 2003 on a lot size of 0.17.
OUTSTANDING VALUE-ADD OPPORTUNITY WITH EXTENSIVE UPSIDE POTENTIAL! Welcome to 320 White Horse Pike, a fully vacant and highly adaptable triplex with mixed-use zoning and multiple paths for expansion. With three existing units, strong rental demand, and significant configuration flexibility, this property is ideal for investors, developers, or owner-operators seeking a versatile asset on a major thoroughfare. **Current Configuration and Expansion Options **Front Downstairs Unit 3 Bedrooms / 2 Bathrooms Formerly a deli and zoned for mixed-use commercial, this space can be re-zoned for a residential unit or be converted to office or retail use. Ideal for professional services, boutique retail, personal care, or similar commercial applications (buyer to confirm permitted use). **Second Downstairs Unit 3 Bedrooms / 1 Bathroom Offers substantial expansion potential. Options include: - Adding an additional bedroom and bathroom to create a 4-bedroom/2-bath unit - Converting the additional space into flex living or workspace - Reconfiguring into a fourth rental unit to increase total density and rent roll **Upstairs Unit 1 Bedroom / 1 Bathroom Includes access to an unfinished attic, which may be finished for added living area, creating further income or value potential. *Combined, these layouts offer multiple long-term strategies including: - Full residential rental property - Mixed-use commercial and residential - A potential four-unit investment property - Owner-occupied business with income-producing units *Income and Market Positioning: Estimated residential rental income is approximately $5,000 per month in its current format, with the ability to increase revenue through reconfiguration, additional units, or commercial use. This property is priced competitively at $369,999, making it an exceptional entry for investors seeking immediate upside. *Location Benefits Located directly on the White Horse Pike, this property offers: - High visibility and drive-by traffic - Immediate access to public transportation - Convenient commuter routes in all directions - Ample paved parking suitable for residential, commercial, or mixed-use operations *320 White Horse Pike provides substantial flexibility, strong rental projections, and multiple strategies for value creation. An excellent opportunity for investors or buyers ready to maximize the potential of a well-located mixed-use asset.
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FeaturesGeneralLiving Area 0
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Natural Gas Available
Possession Immediate
Roof Shingle Flat
Zoning COMM
Architectural Style Other
Construction Materials Frame
School District WINSLOW TOWNSHIP PUBLIC SCHOOLS
Year Built 2003
Property Subtype Triplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality CHESILHURST BORO
Accessibility None
County CAMDEN
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions On the corner of the White Horse Pike and Garfield
City WATERFORD WORKS
Number Of Units Total 3
MLS Area Chesilhurst Boro (20410)
Lot Size Units Square Feet
Lot Size Square Feet 7405.20
Tax Annual Amount 5008.0
Two Bedroom 2
Structure Type Detached
Acceptable Financing Cash
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 00005
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InteriorHeating Fuel Natural Gas
Flooring Tile/Brick Wood
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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ExteriorPool No Pool
Parking Features Paved Parking
Water Source Private
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
Lot Dimensions 50.00 x 150.00
Lot Size Acres 0.17
Road Surface Type US Highway/Interstate
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 27000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
carla.cornick@cbrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,308
- Monthly Property Taxes
- $417
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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 Waterford Works, NJ
Average List Price $369,999
Percent of Sale Price 0%
About Waterford Works, NJ 3,995 Population
2% Since 2002
$ 64,343 Median Income
45.8 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3535966 Elementary School
3534386 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/8/2025 | $369,999 | | Listed Price |