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Four-Unit Mixed-Use Property
For Sale
Under Contract
$550,000

3400 COVE, Merchantville, NJ 08109

Multi-Family, MERCHANTVILLE, NJ

Property SizeContact for details
Lot Size0.07 Acres
Days on Market60

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 Under Contract
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 Changed: Oct 21 Last Checked: Oct 22 at 4:06PM
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.

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Investment Insights

Based on property information with market context.

This brick mixed-use property in Merchantville contains four occupied units: three apartments and a street-level commercial space operating as a barber shop. The residential mix comprises one three-bedroom apartment and two two-bedroom apartments; two units also have finished attic areas. The commercial space has a half bath, and the building was constructed in 2020 on a 0.0657-acre lot.

Key Highlights

  • Four occupied units: three apartments and one street‑level commercial space
  • Residential mix includes one 3‑bedroom apartment and two 2‑bedroom apartments
  • Two apartments include finished attic areas

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

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

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

3
Residential units
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - A street-level barber shop occupies the commercial space alongside three residential apartments.
Where is this mixed-use property 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 apartments and one street‑level commercial space; Residential mix includes one 3‑bedroom apartment and two 2‑bedroom apartments; Two apartments include finished attic areas
More about this property
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