416 Raritan Ave Atco, NJ 08004-1522
This exceptional mixed-use property, located at 416 Raritan Ave in Waterford, NJ (Camden County, zip code 08004), presents a unique investment opportunity. The duplex boasts a combined 2,900 square feet of space, encompassing both commercial storefront and residential components. Currently vacant with an occupancy date of June 24, 2024, this property offers immediate potential for rental income. The commercial storefront is ideal for a variety of retail businesses, while the residential unit provides additional income streams or owner-occupancy options. Built in 1917, the two-story building sits on a 0.37-acre lot, zoned TC. The asking price is $319,900, translating to $110.31 per square foot. A detached two-car garage adds further value and convenience. This corner lot property offers excellent visibility and accessibility, making it an attractive proposition for both investors and owner-occupiers seeking a blend of commercial and residential income. The fee simple ownership provides complete control and long-term investment security.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TC · Atco, NJAtco. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.