2841 Route 42 Sicklerville, NJ 08081
- Commercial real estate
- 0.72 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2841 Route 42
- Lot size
- 0.72 lot acres
- Zone code
- HC
- Property type
- Commercial real estate
- APN
- 18 00094-0000-00003
- APU
- 1800094000000003
Description
This exceptional investment opportunity presents a 10,000 square foot multi-family property situated on a 0.72-acre lot at 2841 & 2901 Route 42 in Sicklerville, New Jersey. Priced at $2,200,000, this property boasts a prime corner location offering unparalleled visibility and accessibility. The complex comprises five retail stores, two apartments, and nine garage buildings, currently occupied by a diverse range of tenants including a hair salon, barbershop, food market, fence company, and several car detailing/repair workshops, along with storage units. The property's strategic location on Route 42 in Washington Township ensures high traffic volume, with an estimated 80,000 vehicles passing daily. Its proximity to Philadelphia, the Atlantic City Expressway, and Rowan University further enhances its appeal. Zoned to permit a cannabis retailer license, this property presents significant potential for future development and increased cash flow. Detailed financial information is available upon request to qualified buyers following submission of a written offer. This is a rare chance to acquire a substantial, high-yield commercial property in a thriving location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sicklerville
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.0263
- Latitude
- 39.7221
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
