18-Unit Apartment
For Sale
Contact for pricing
200 E Maple Ave, Merchantville, NJ 08109
Two-bedroom apartments in a non-rent-controlled municipality with convenient Philadelphia-area access.
Property SizeContact for details
Days on Market143
Property Features for 200 E Maple Ave
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
18 x 2BR/1BA
Multifamily Units
18
Listing Agency:
Colliers - Woodbridge, New Jersey
(973) 299-3083
Listed By:
Jacklene Chesler · License #NJ 9587537
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 2:43AM
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 Colliers - Woodbridge, New Jersey
Investment Insights
Based on property information with market context.
This 18-unit apartment building in Merchantville includes exclusively 2-bedroom/1-bathroom residences, with an average unit size of ±1,115 SF. Eight (8) units are vacant, and the property is currently in receivership. Merchantville is a non-rent-controlled municipality, and the existing rents are identified as below market. The asset also includes a substantial group of units suitable for renovation and repositioning, as described in the property information.
The property is located 1.3 miles from Cherry Hill Mall and 7.0 miles from Center City Philadelphia. Public transportation, major highways, and bridges provide access to Philadelphia. The building is within walking distance of Merchantville’s historic downtown, which includes restaurants, retailers, bars, a brewery, places of worship, public parks, and a community center. The property is part of the Pennsauken Multifamily Submarket, which has a reported 97.5% occupancy rate and average rental rate growth of 4.1% annually over the past four (4) years.
The property is located 1.3 miles from Cherry Hill Mall and 7.0 miles from Center City Philadelphia. Public transportation, major highways, and bridges provide access to Philadelphia. The building is within walking distance of Merchantville’s historic downtown, which includes restaurants, retailers, bars, a brewery, places of worship, public parks, and a community center. The property is part of the Pennsauken Multifamily Submarket, which has a reported 97.5% occupancy rate and average rental rate growth of 4.1% annually over the past four (4) years.
Key Highlights
- 18‑unit apartment complex with all 2‑bedroom/1‑bathroom units
- Average unit size of ±1,115 SF
- Eight (8) vacant units
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-bedroom apartments in a non-rent-controlled municipality with convenient Philadelphia-area access.
Where is this apartment building located?
The property is located at 200 E Maple Ave Merchantville, NJ.
What are key features of this property?
This property features: 18‑unit apartment complex with all 2‑bedroom/1‑bathroom units; Average unit size of ±1,115 SF; Eight (8) vacant units
