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Three-Unit Rental Property For Sale
For Sale
$395,000

15 S FORKLANDING ROAD, Maple Shade, NJ 08052

Three-unit rental property with commercial and residential tenants.

Property SizeContact for details
Days on Market229

Property Features for 15 S FORKLANDING ROAD

General Information

Standard status Active
Property subtype Triplex

Taxes and HOA fees

Annual Taxes $8,216

Building Details

Year Built 1922
Listing Agency: Peze & Associates
Listed By: Rita Miloshevsky · License #8031425
Source: Patmckennarealtors
Added: Mar 5 Changed: Oct 6 Last Checked: Oct 19 at 4:32PM

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 Peze & Associates

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Investment Insights

Based on property information with market context.

This three-unit rental property features a salon in the front unit and a barber shop in the back. The owner of the building currently operates the barber shop and will rent it back from the buyer. The owner and his wife also reside in the one-bedroom apartment on the second floor and will continue to rent it from the new owner. The apartment was completely renovated approximately 9 years ago.

Key Highlights

  • Turnkey rental property with existing tenants.
  • Barber shop tenant will rent back from the buyer.
  • Owner will rent back the barber shop and continue to live in the one‑bedroom apartment.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby

Demographics for 08052, NJ

20,003
Population
9,401
Households
2.1
Avg Household Size
38
Median Age
34%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,264
Density / Sq Mi
$75,732
Median Household Income
$49,963
Median Earnings
$1,574
Median Rent
$235,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit rental property with commercial and residential tenants.
Where is this triplex located?
The property is located at 15 S FORKLANDING ROAD Maple Shade, NJ.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Turnkey rental property with existing tenants.; Barber shop tenant will rent back from the buyer.; Owner will rent back the barber shop and continue to live in the one‑bedroom apartment.
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