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sales rep | Brivity IDX

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3400 Cove , Merchantville, NJ 08109
$550,000
Est. Payment: $2,970.01/mo
7 Bed
0.07 Acres
Status: active | Days on site: 33
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RBRKR1 - 3298536,3298536
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House Description

One property, four separate income-producing units, and a mix of residential and commercial use that gives an investor multiple ways to generate revenue from a single address. 3400 Cove Rd features three residential units along with a street-level commercial space currently operating as a barber shop. The residential mix includes a 3-bedroom unit and two 2-bedroom units, with finished attic areas adding additional usable room to two of the apartments. The commercial space includes its own half bath and an established tenant. With all four units currently occupied, the income is already in place. Three residential rentals combined with a commercial tenant also create a diversified rent roll rather than relying on a single source of income. Conveniently positioned near major roadways, shopping, public transportation and the surrounding Merchantville and Pennsauken area, the location keeps tenants connected to everyday necessities and employment centers throughout South Jersey and Philadelphia. For the investor looking to add multiple doors without purchasing multiple properties, this is where the opportunity gets interesting. Four occupied units, multiple income streams and a property already producing from day one. Take a closer look at what 3400 Cove Rd could add to your portfolio.

Highlights

Listed by Alessandro Falcao , 9739416999 and Alessandro Falcao , 9739416999 Real Broker, LLC , 8554500442. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

2020

County

Camden

Area

Merchantville Boro (20424)

Neighborhood

None Available

School District

Pennsauken Township Public Schools

Listing ID

NJCD2125298

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
Appliances:Built-In Range, Dryer - Electric, Dryer - Front Loading, Freezer, Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
Basement:Full
Other:
  • ▪ Additional:Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Bathroom - Tub Shower
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:44.00 x 65.00
Zoning:RESIDENTIAL
Sewer:Public Sewer
Principal Interest
$2,970
Taxes
$827

Home Price

$550,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$110,000
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:
$2,970.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,970.01 $827.33 $0.00 $3,797.34
Yearly $35,640.08 $9,928.00 $0.00 $45,568.08
Total $1,069,202.26 $297,840.00 $0.00 $1,367,042.26
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Merchantville, 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: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS