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Mixed-Use Property with Garage
For Sale
$995,000

500 Route 168, Blackwood, NJ 08012

A leased commercial unit, two occupied apartments, and a rented garage provide several distinct property components.

Property SizeContact for details
Days on Market8

Property Features for 500 Route 168

General Information

Standard status Active
Total Parking Spaces 10
Occupancy 100%

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Gross Income $90,600
Road Access Yes

Taxes and HOA fees

Annual Taxes $7,872
Listing Agency: HomeSmart First Advantage Realty
Listed By: Hakan Karahan · License #5758
Source: Exprealty
Added: Sep 20 Changed: Sep 26 Last Checked: Sep 26 at 11:03AM

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 HomeSmart First Advantage Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines first-floor commercial space with two apartments above. The larger residence contains 3 bedrooms and 2 full bathrooms; the second has 2 bedrooms and 1 full bathroom. Each apartment also includes a living room and kitchen. A separate garage is part of the property, and the building has been recently updated.

The commercial space, both apartments, and garage are occupied. Approximately 10 on-site parking spaces serve the property.

Key Highlights

  • First‑floor commercial unit and two apartments, all currently occupied
  • Apartment layouts include 3 bedrooms and 2 full bathrooms, and 2 bedrooms and 1 full bathroom
  • Separate garage is rented

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Parking Lot & Garage Storage Facility HVAC Service Auto Parts Store

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

2
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby

Demographics for 08012, NJ

38,581
Population
16,192
Households
2.4
Avg Household Size
40
Median Age
34%
College-Educated
95%
High-School Grad
15.0 sq mi
ZIP Area
2,572
Density / Sq Mi
$93,497
Median Household Income
$52,650
Median Earnings
$1,589
Median Rent
$268,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A leased commercial unit, two occupied apartments, and a rented garage provide several distinct property components.
Where is this mixed-use property located?
The property is located at 500 Route 168 Blackwood, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: First‑floor commercial unit and two apartments, all currently occupied; Apartment layouts include 3 bedrooms and 2 full bathrooms, and 2 bedrooms and 1 full bathroom; Separate garage is rented
More about this property
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