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Occupied Four-Unit Mixed-Use Property
New
For Sale
$550,000

3400 COVE, Merchantville, NJ 08109

Multi-Family, MERCHANTVILLE, NJ

Property SizeContact for details
Lot Size0.07 Acres
Days on Market2

Property Features for 3400 COVE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement, Dining Room
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
Appliances Built-In Range, Dryer - Electric, Dryer - Front Loading, Freezer, Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Washer - Front Loading, Washer/Dryer Stacked, WaterHeater
Subdivision NONE AVAILABLE
Elementary school district PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Middle school district PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
High school district PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 9928

Utilities

Heating system Other (Heating), Radiant

Building Details

Year built 2020
Number of units 4
Building materials Brick
Architectural style Contemporary
Listing Agency: Real Broker, LLC
Listed By: Alessandro Falcao · License #0571693
Added: Aug 24 Last Checked: Aug 25 at 4:06AM
MLS# NJCD2125298

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2020, this contemporary brick quadplex includes three residential apartments and a street-facing commercial suite, creating a mixed-use configuration within one property. The residential lineup consists of one 3-bedroom apartment and two 2-bedroom apartments; two units also include finished attic areas that expand their usable space. The commercial component has a private half bath and is operating as a barber shop with an established tenant.

All four units are occupied, combining three residential leases with commercial tenancy. The property occupies 0.0657 acres at 3400 Cove Rd in Merchantville, NJ 08109, with access to shopping, public transportation, major roadways, and employment centers serving South Jersey and Philadelphia. Interior features include eat-in kitchen areas, traditional floor plans, and tub-shower bathrooms. Heating includes radiant systems.

Key Highlights

  • Four occupied units: three residential apartments plus one street‑level commercial suite
  • Residential mix includes one 3‑bedroom unit and two 2‑bedroom units
  • Street‑level commercial space operates as a barber shop and includes a private half bath

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery Cafe & Coffee Shop Electrical Service Daycare Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

642
Businesses Nearby

Demographics for 08109, NJ

23,306
Population
9,314
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,855
Density / Sq Mi
$84,332
Median Household Income
$44,288
Median Earnings
$1,142
Median Rent
$227,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Recently built brick quadplex combining three apartments with a street-level commercial suite and established occupancy.
Where is this quadplex located?
The property is located at 3400 COVE Merchantville, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four occupied units: three residential apartments plus one street‑level commercial suite; Residential mix includes one 3‑bedroom unit and two 2‑bedroom units; Street‑level commercial space operates as a barber shop and includes a private half bath
More about this property
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