3400 COVE, Merchantville, NJ 08109
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Listed by Alex Falcao • Real Broker, LLC
$ 550,000
Est. payment | /mo

2,862 Sqft Lot


Save
$ 550,000
Est. payment | /mo
Save

2,862 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID NJCD2125298

Style Contemporary

Year Built 2020

Annual Tax Amount $9,928

Tax Year 2025

Lot Size 2,862 Sqft

Acres 0.07

Lot Dimensions 44.00 x 65.00

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

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.

Location

State NJ

County Camden

Area Merchantville Boro (20424)

Zoning RESIDENTIAL

Rooms

Basement Full

Interior

Interior Features Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Bathroom - Tub Shower

Hot Water Natural Gas

Heating Radiant, Radiator

Cooling None

Equipment Built-In Range, Dryer - Electric, Dryer - Front Loading, Freezer, Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater

Fireplace N

Appliance Built-In Range, Dryer - Electric, Dryer - Front Loading, Freezer, Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Pennsauken Township Public Schools

Others

Tax ID 27-03109-00033

Ownership Fee Simple

Acceptable Financing Cash, Exchange, Conventional

Listing Terms Cash, Exchange, Conventional

Financing Cash,Exchange,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

GET MORE INFORMATION

Alessandro Falcao
Alessandro Falcao

Agent | License ID: 0571693

+1(973) 941-6999 | teamfalcaorep@gmail.com

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3400 COVE