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500 Black Horse Pike , Glendora, NJ 08029
$995,000
Est. Payment: $5,373.01/mo
7500 Sqft
0.09 Acres
Status: active | Days on site: 41
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House Description

FULLY OCCUPIED MIXED-USE INVESTMENT PROPERTY – COMMERCIAL + 2 APARTMENTS + GARAGE Excellent opportunity to acquire a fully occupied, income-producing mixed-use property at 500 Black Horse Pike in Glendora, New Jersey. Positioned along the highly traveled Black Horse Pike corridor, this property offers multiple income streams from a first-floor commercial space, two residential apartments, and a separate garage. The first floor features commercial space that is currently leased and generating income. Above the commercial space are two residential apartments, both currently occupied. The larger apartment offers 3 bedrooms and 2 full bathrooms, along with a spacious living room and kitchen. The second apartment features 2 bedrooms, 1 full bathroom, living room, and kitchen. The building has been recently updated, providing an attractive opportunity for an investor looking for an established property with existing tenants and immediate cash flow. Adding even more value is a separate garage, which is also currently rented, along with approximately 10 on-site parking spaces—an important feature for both the commercial and residential occupants. CURRENT INCOME: The commercial space, both apartments, and garage are fully rented, generating approximately $7,550 per month, or $90,600 annually in gross rental income. PROJECTED INCOME POTENTIAL: Based on projected rental rates, the property has the potential to generate as much as approximately $9,950 per month, equivalent to $119,400 annually in gross rental income. This is an opportunity for an investor to acquire a diversified mixed-use asset with existing cash flow and additional income potential. With commercial, residential, and garage rental income all under one property, 500 Black Horse Pike provides multiple revenue streams and the potential for future growth. Property Highlights: First-floor commercial space • Two residential apartments • 3-bedroom/2-bath apartment • 2-bedroom/1-bath apartment • Separate rented garage • Approximately 10 parking spaces • Recently updated building • Fully occupied • $7,550 current monthly gross income • Up to $9,950 projected monthly gross income • High-visibility Black Horse Pike location. 500 Black Horse Pike, Glendora, NJ – A fully occupied mixed-use investment property offering immediate income with additional upside potential.

Highlights

Listed by Hakan Karahan , 8563633000 HomeSmart First Advantage Realty , 8563633000. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.09

Year Built

1969

County

Camden

Area

Gloucester Twp (20415)

School District

Gloucester Township Public Schools

Listing ID

NJCD2127264

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:10
Zoning:COMMERCIAL
Sewer:Public Sewer
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$5,373
Taxes
$656

Home Price

$995,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$199,000
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:
$5,373.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,373.01 $656.00 $0.00 $6,029.01
Yearly $64,476.14 $7,872.00 $0.00 $72,348.14
Total $1,934,284.09 $236,160.00 $0.00 $2,170,444.09
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Glendora, 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.

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

© 2026 Bright MLS