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117 W Merchant St , Audubon, NJ 08106
$495,000
Est. Payment: $2,673.01/mo
3 Bed
2 Bath
2080 Sqft
0.05 Acres
Status: active | Days on site: 16
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KELWLM-M - 3190965
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House Description

Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Audubon! Ideally situated along Audubon’s charming Merchant Street business district, this fully occupied, income-producing property offers an outstanding opportunity to own a piece of one of South Jersey’s most beloved Main Streets. The street level commercial space is home to the well-established Broken Anchor Barbershop, a beautifully maintained storefront featuring multiple barber stations, custom wood finishes, classic subway tile accents, industrial lighting, a private kitchenette/break area, and excellent street visibility in a thriving downtown setting. Above the commercial space are two residential apartments, each with private entrances. The first apartment is a bright and efficient studio, offering an open-concept layout with a full kitchen, spacious living/sleeping area, generous natural light, and neutral finishes. The second apartment is a comfortable two-bedroom unit featuring a separate bedroom with ample closet space, a full kitchen with abundant cabinetry and counter space, a spacious living room filled with natural light, and an inviting layout that appeals to long-term tenants. All three units are currently leased to excellent, long-standing tenants who would love to remain, providing immediate, stable cash flow from day one. Located in the heart of Audubon’s picturesque downtown, this property benefits from the vibrant energy of Merchant Street, where locally owned shops, restaurants, cafés, breweries, and year-round community events create a true smalltown Main Street experience. The combination of a thriving commercial tenant, two desirable residential apartments, and a walkable downtown location makes this a rare turnkey investment opportunity. Whether you’re looking to expand your commercial portfolio or secure a turnkey property with diversified rental income, 117 W. Merchant Street offers the perfect combination of dependable cash flow, timeless Main Street charm, and long-term investment potential.

Highlights

Listed by Melissa A Connell , 8569055862 Keller Williams Realty , 8563211212. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.05

Year Built

1920

County

Camden

Area

Audubon Boro (20401)

School District

Audubon Public Schools

Listing ID

NJCD2128706

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Central A/C,Ductless/Mini-Split
Fireplaces:
Floor:Ceramic Tile,Hardwood
Above Ground Sq Ft:2080
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:4
Zoning:COMMERCIAL
Roof:Flat
Others:
  • ▪ Additional:Exterior Lighting, Sidewalks, Street Lights
Sewer:Public Sewer
Parking Features:Parking Lot,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$2,673
Taxes
$625

Home Price

$495,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$99,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,673.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,673.01 $625.08 $0.00 $3,298.09
Yearly $32,076.07 $7,501.00 $0.00 $39,577.07
Total $962,282.04 $225,030.00 $0.00 $1,187,312.04
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Audubon, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS