Realmo Analytics

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Property profile

3400 Cove Rd Merchantville, NJ 08109

FOR SALE
Other commercial real estate
Property ID
US59-1340202
0.07 ac lot
Last sale Nov 2007 · $170,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
3400 Cove Rd, Merchantville, NJ 08109 For Sale
$550,000
3400 Cove Rd, Merchantville, NJ 08109
View Listing

Property summary

AI-generated overview

Constructed in 2020, this contemporary brick quadplex is configured as a mixed-use building with three residential apartments and one street-facing commercial suite. The residential portion includes one 3-bedroom unit and two 2-bedroom units, with finished attic areas in two units that increase usable interior space. The commercial suite includes a private half bathroom and has been used as a barber shop by a tenant. The property contains four occupied units and sits on a 0.0657-acre lot at…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value · 2023$243k
Assessed land$35k
Assessed improvement$208k
Effective rate4.06%

Value estimate

· Nov 2026
$365k
$329k – $402k
AI approach$365k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$6k
Operating expenses−$28k
NOI · 8.56% cap applied$47k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$101/SF
Submarket average, outlier-cleaned · 145 recorded sales of this use type
Observed band · Q1–Q3$57 – $144

Cap rate analysis

How does the asset earn?
8.56%
$47k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCAMDEN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.7
Bakery10.2
Cafe & Coffee Shop9.9

Location

3400 Cove Rd Merchantville, NJ 08109
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5628 Rte 38, Merchantville, NJ 08109-4814 $170,000 Feb 2026 No data
7459 Maple Ave, Pennsauken, NJ 08109-2946 $280,000 Jan 2026 No data
6400 Cres, Pennsauken, NJ 08109-1401 $15,189,523 Jan 2026 No data
3402 Cv, Pennsauken, NJ 08109-2540 $265,500 Sep 2025 No data
3011 Ctr St, Pennsauken, NJ 08109-2526 $530,000 May 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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