Mixed-Use Restaurant and
4 N White Horse Pike N, Lindenwold, NJ 08021
For Sale
New
$699,900
Pending
The property combines a fully equipped restaurant with two occupied residential units and separate resident access.
Property Size3,786 SF
Days on Market4
Property Features for 4 N White Horse Pike N
General Information
Standard status
Size
Total Parking Spaces
Zoning
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Floor
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Carpet,Vinyl
Natural Gas
2
Yes
3
Corner
Public
100.00 x 142.00
0.33
No
Assessor
Off Site,Parking Lot
Paved Parking
18
Block
3786.00
79200.00
State
19
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Keller Williams Hometown
(856) 241-4343
Listed By:
David Marcantuno · License #1222774
(610) 220-9452
Source:
Moveritenow
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 7 at 5:00PM
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 Keller Williams Hometown
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Investment Insights
Based on property information with market context.
This 2012 mixed-use property brings together a full-service restaurant and two apartments in one three-unit building. Restaurant space includes a dining area, equipped kitchen, basement prep area, two walk-in boxes, storage, and an accessible restroom. The second level contains a one-bedroom apartment and a two-bedroom apartment, each currently occupied. Residents have a separate entrance, and the property has designated parking for restaurant patrons and apartment occupants.
The 0.33-acre property is situated at a busy intersection in Camden County and is zoned mixed use. All three units are under lease.
The 0.33-acre property is situated at a busy intersection in Camden County and is zoned mixed use. All three units are under lease.
Key Highlights
- Three leased units: restaurant, one‑bedroom apartment, and two‑bedroom apartment
- Restaurant includes equipped kitchen, dining area, basement prep space, and two walk‑in boxes
- Separate entrance for apartment residents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,868
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,360
$757.4K
Cap Rate 7%
$540,971
$541.0K
Cap Rate 9%
$420,756
$420.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$54.0K $18.00/SF
− Vacancy
−$3.5K −$1.17/SF
EGI
$50.5K $16.83/SF
− OpEx
−$12.6K −$4.21/SF
NOI
$37.9K $12.62/SF
Area
Camden County, NJ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,360
Cap Rate 7%
$540,971
Cap Rate 9%
$420,756
Alternative Uses
Best Use
Specialty Retail
$541.0K
$473.4K – $631.1K
NOI $37,868 @ 7.0% cap · market cap 5.41%
Second Best
Mixed Use
$448.4K
$392.4K – $523.1K
NOI $31,388 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$760.7K
$665.6K – $887.5K
NOI $53,247 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 08021, NJ
51,458
Population
22,195
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
3,958
Density / Sq Mi
$67,439
Median Household Income
$42,864
Median Earnings
$1,288
Median Rent
$192,200
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Camden County, NJ
Properties on Market for Mixed-use properties in Camden County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a fully equipped restaurant with two occupied residential units and separate resident access.
Where is this mixed-use property located?
The property is located at 4 N White Horse Pike N Lindenwold, NJ.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Three leased units: restaurant, one‑bedroom apartment, and two‑bedroom apartment; Restaurant includes equipped kitchen, dining area, basement prep space, and two walk‑in boxes; Separate entrance for apartment residents
