22 Center St Merchantville, NJ 08109
Property Lookup
Property profile & analytics
22 Center St Merchantville, NJ 08109
- Commercial real estate
- 0.17 lot acres
Property ID
US59-0263361
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 22 Center St
- Construction
- BRICK
- Lot size
- 0.17 lot acres
- Property type
- Commercial real estate
- APN
- 24 00057-0000-00030
- APU
- 2400057000000030
Description
This exceptional mixed-use property at 22 Centre Street in Merchantville, NJ, presents a lucrative investment opportunity. The building boasts 2,584 square feet on a 0.06-acre lot and is currently generating strong rental income. The ground floor comprises a thriving juice bar, occupying a spacious commercial area previously used as a floral shop. A significant feature is a large greenhouse located at the rear of the commercial space. The current tenant also leases the second-floor residential unit, providing a streamlined rental management system. The second floor offers a spacious three-bedroom, one-bathroom apartment with high ceilings, hardwood floors in excellent condition, a large kitchen, and a stackable laundry unit. A convenient office space, accessible from both the first and second floors, leads to roof access. The property also includes a large, clean basement. The building is equipped with two gas meters and two electric meters, reflecting the separate utility services for the commercial and residential spaces. The current rental income is $2,200 per month ($1,100 commercial, $1,100 residential). The property's versatility allows for a wide range of commercial uses, including but not limited to nail salons, boba tea shops, hair salons, barber shops, and delis. Prospective buyers are responsible for verifying zoning regulations and permitted business types, as well as confirming school district information. This is a turnkey investment with significant potential for growth and return.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Merchantville
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0495
- Latitude
- 39.9532
- 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
$10,445
$52,800
$162,200
$215,000
-
$52,800
$162,200
$215,000
