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Property profile & analytics

3163 Marne Hwy Mount Laurel Township, NJ 08054

  • Commercial real estate
  • 4.12 lot acres
Value Estimation
$4,870,000
Last Sale
Nov 28, 2022
$5,100,000
Location Intelligence
Property ID
US59-1633700
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 3163 Marne Hwy

Year built
2004
Lot size
4.12 lot acres
Property type
Commercial real estate
APN
24 00203- 06-00003- 03
APU
2400203060000303

Description

Seven Eleven Shopping Center presents a prime retail opportunity in Burlington County. This single-story, Class B property, built in 1986, totals 30,327 square feet and sits on 4.21 acres of land. Currently, there are three available spaces ranging from 1,200 to 4,027 contiguous square feet, out of a total of 14 suites. The center boasts 9,367 square feet of vacant space, offering significant potential for new tenants. The property features ample parking with 157 spaces, ensuring convenient access for customers. Its strategic location provides easy ingress and egress from Marne Highway and Larchmont Avenue, with quick access to Route 28, I-295, and the New Jersey Turnpike. The center is ideally situated within a one-mile radius of a residential area comprising 4,600 homes, providing a strong customer base. The property is zoned for business use and has a low tax rate of $3 per square foot. While there are no elevators, the single-story design promotes easy accessibility. This well-maintained property offers a fantastic opportunity for businesses seeking a thriving location with high visibility and convenient access for customers. The property is categorized as a multi-tenant retail space, suitable for restaurants and fitness centers, among other uses.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $4,610,000
  • CAP approach

    CAP return
    Estimation
    6%
    $5,405,000
    6.5%
    $5,230,000
    7%
    $4,645,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,385,000
    Geo Method
    $4,600,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,760,000
    Retail
    $5,075,000
    Mixed-Use
    $5,370,000
    Hospitality
    $5,270,000
    Educational
    $4,430,000
    Residential Income
    $4,980,000
    Energy
    $5,690,000
    Income-Based Land
    $5,465,000
    Food Service
    $5,540,000

Location Insight

  • Map
  • Local Demand
City
Mount Laurel
County
Burlington
State
New Jersey
Longitude
-74.8779
Latitude
39.9787
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$97,659
$1,051,500
$2,173,700
$3,225,200
-
$1,051,500
$2,173,700
$3,225,200
More about this property
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