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    Neighborhood Shopping Plaza with 7 Units Title is generated by Realmo AI

    782-798 EMERSON Street, Lindenwold, NJ 08021

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    Claim this Listing
    For Sale
    $3,000,000

    Commercial Sale - LINDENWOLD, NJ

    Type:Retail
    Property size:
    13,000 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $230/SF
    Added:
    Apr 23, 2026
    Days on Market:
    66
    Last Refresh:
    Jun 27 at 2:06 pm

    Property Features for 782-798 EMERSON Street

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking
    47
    Parking features
    Parking Lot
    Standard status
    Active
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Annual Amount
    45166

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1966
    Building materials
    Brick

    We can help!

    Contact an agent
    Jukab Seo

    Listing agent Jukab Seo License #564074

    Listing office Realty Mark Advantage 9000 E Lincoln Drive unit: 120, Marlton, NJ

    Listing date Apr 23, 2026

    MLS# NJCD2115936

    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.

    HighLights

    • Approx. 1‑acre neighborhood shopping plaza with a 13,000 SF retail building built in 1966
    • Building includes seven (7) retail units total, with one unit currently vacant (vacant as of two months ago)
    • Tenant mix includes laundromat, tobacco shop, convenience store, Chinese restaurant, deli, and Spanish grocery store
    • Brick construction with forced air heating and central air conditioning
    • Parking provided via on‑site parking lot
    • Property noted as having a similarly sized shopping center directly across the street

    Overview

    This well-established neighborhood shopping plaza is offered for sale in Lindenwold, New Jersey, with more than 60 years of operating history. The property is improved with a 13,000 SF retail building configured into seven (7) separate units. As of approximately two months ago, one unit is vacant, and ownership is in the process of securing a replacement tenant, with leasing activity indicating an imminent occupancy. Current tenants include a laundromat, tobacco shop, convenience store, Chinese restaurant, deli, and Spanish grocery store.

    The plaza sits on approximately one acre and is located within a densely populated residential area. A similarly sized shopping center is positioned directly across the street, which can support walk-in traffic and a more active retail environment for area shoppers.

    With a mix of daily convenience uses and neighborhood service tenants already in place, the property is positioned to appeal to buyers seeking an operating retail asset with multiple storefronts. The near-term replacement of the one vacant unit offers a practical path toward restoring full occupancy, while maintaining a tenant lineup that serves regular local shopping needs.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $234.0k $18.00
    − Vacancy −$15.2k −$1.17
    EGI $218.8k $16.83
    − OpEx −$54.7k −$4.21
    NOI $164.1k $12.62
    13,000 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.34M
    $2.05M – $2.73M (±1% cap)
    NOI $164,093 @ 7.0% cap · market cap 5.47%
    Second Best
    Retail
    $1.79M
    $1.56M – $2.09M (±1% cap)
    NOI $125,170 @ 7.0% cap · market cap 4.17%
    Theoretical Best
    Office A
    $3.30M
    $2.88M – $3.85M (±1% cap)
    NOI $230,735 @ 7.0% cap · market cap 7.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Lindenwold
    County
    Camden
    State
    New Jersey
    Longitude
    -74.98144
    Latitude
    39.81833

    FAQs

    What type of property is this?
    Shopping center - For sale retail plaza with seven units in a 13,000 SF building, including one currently vacant storefront.
    Where is this shopping center located?
    The property is located at 782-798 EMERSON Street Lindenwold, NJ.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Approx. 1‑acre neighborhood shopping plaza with a 13,000 SF retail building built in 1966; Building includes seven (7) retail units total, with one unit currently vacant (vacant as of two months ago); Tenant mix includes laundromat, tobacco shop, convenience store, Chinese restaurant, deli, and Spanish grocery store
    More about this property
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