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    Haddon Township Storefront Commercial Space Title is generated by Realmo AI

    609 WHITE HORSE Pike, Haddon Township, NJ 08107

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    New
    For Lease
    $1,400 /Mo

    CommercialLease - HADDON TOWNSHIP, NJ

    Type:Retail
    Lot size:
    0.03 Acres
    Added:
    May 20, 2026
    Days on Market:
    3
    Last Refresh:
    May 22 at 7:06 pm

    Property Features for 609 WHITE HORSE Pike

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking features
    On Street
    Standard status
    Active
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1922
    Building materials
    Block

    We can help!

    Listing Contact
    Anthony P D'Amato

    Listing agent Anthony P D'Amato License #1329626

    Listing office Keller Williams - Main Street 983 Haddon Avenue, Collingswood or Haddon Heights, NJ

    Listing date May 20, 2026

    MLS# NJCD2118184

    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.

    HighLights

    • Prime storefront location in the heart of Haddon Township with high foot and vehicle traffic.
    • Updated commercial space with new flooring, fresh sheetrock, updated electrical, and a new handicap‑accessible bathroom.
    • Excellent visibility with a beautiful stone facade and large exterior signage.
    • Brand new A/C unit and hot water heater.
    • Convenient rear alley and entrance access.
    • Central monitoring fire alarm system.

    Overview

    This updated mixed-use property offers a storefront commercial space in Haddon Township, New Jersey. The space features a stone facade, large exterior signage, and rear alley access. The interior includes high ceilings, new flooring, fresh sheetrock, updated electrical systems, and a renovated handicap-accessible bathroom. Additional features are a central monitoring fire alarm system, radiator heat, a new A/C unit, a new hot water heater, basement storage space, and rear entrance access. The property is located in a desirable location with strong foot and vehicle traffic, making it suitable for retail, office, studio, or professional use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    • Sublime Event Design — 317 E Atlantic Ave, Audubon, NJ 08106

    Map

    City
    Haddon Township
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0838
    Latitude
    39.9079

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    FAQs

    What type of property is this?
    Storefront property - Updated commercial space in Haddon Township with excellent visibility.
    Where is this storefront property located?
    The property is located at 609 WHITE HORSE Pike Haddon Township, NJ.
    What is the lease rate?
    The lease rate is $1,400 /Mo.
    What are key features of this property?
    This property features: Prime storefront location in the heart of Haddon Township with high foot and vehicle traffic.; **Updated commercial space with new flooring, fresh sheetrock, updated electrical, and a new handicap‑accessible bathroom.**; **Excellent visibility with a beautiful stone facade and large exterior signage.**
    (856) 547-5678
    We can help!
    Listing Contact
    Anthony P D'Amato
    Real Estate License ID: 1329626
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    609 WHITE HORSE Pike, HADDON TOWNSHIP, NJ 08107
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