Search
Charming Mixed-Use Property in Merchantville
For Sale
$199,999
Pending

22 CENTRE, Merchantville, NJ 08109

Commercial and residential units in the heart of Merchantville, NJ.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market1767

Property Features for 22 CENTRE

General Information

Standard status Pending
Lot size 0.06 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $8,931
Listing Agency: RealtyMark Properties
Listed By: Paris Luong · License #RS342312
Source: Exitrealty
Added: Oct 29, 2021 Changed: Aug 8 Last Checked: Jul 23 at 5:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RealtyMark Properties

Investment Insights

Based on property information with market context.

This charming mixed-use property is located in the heart of Merchantville, NJ. The first floor features a spacious commercial space, currently occupied by a popular juice bar. The same tenant also rents the residential unit on the top floor, creating a convenient business arrangement. The tenant pays $1,100 for the commercial space and $1,100 for the apartment. Previously, the commercial space was used as a floral shop. At the back of the commercial space, there is a large glass greenhouse. The second floor is a spacious flat with high ceilings and neutral paint. The hardwood floors are in excellent condition. This unit includes 3 bedrooms, 1 full bathroom, a large kitchen, and a stackable laundry unit neatly tucked away by the kitchen. There is a room behind the kitchen, accessible from the first floor in the back, which the tenant uses as an office. This room also provides access to the roof. The basement is clean, huge, and lengthy. There are 2 gas meters and 2 electric meters. This space is suitable for various businesses, such as a nail salon, boba tea shop, hair salon, barber, or hoagie shop, offering endless opportunities.

Key Highlights

  • Mixed‑use property featuring commercial space and a residential unit
  • Currently tenanted by a popular juice bar, providing immediate rental income
  • Tenant occupies both the commercial space and the residential unit, simplifying rent collection

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Dental Office Real Estate Agency Auto Parts Store Cafe & Coffee Shop Electrical Service

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

Location Intelligence

Trade Area within ½ mile

695
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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial and residential units in the heart of Merchantville, NJ.
Where is this mixed-use property located?
The property is located at 22 CENTRE Merchantville, NJ.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Mixed‑use property featuring commercial space and a residential unit; Currently tenanted by a popular juice bar, providing immediate rental income; Tenant occupies both the commercial space and the residential unit, simplifying rent collection
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message